Max Estates Delivers INR 5,305 Crore Pre-Sales in FY2026; with ~INR 3,392 Crore Booked in Q4

2026-07-12 09:33:33 Business

622

6th April 2026, New Delhi: Max Estates Limited (Max Estates), a leading real estate developer in the National Capital Region (NCR), today announced its pre-sales performance for FY 2026, solidifying its position among India’s top-tier developers. The company achieved total pre-sales of ~INR 5,305 crore, driven by the fourth quarter, which accounted for ~INR 3,392 crore of the total volume.

Project-wise Performance

Estate 361, Gurugram — Pre Sales - ~INR 1,704 Crore | India's First Forest-Anchored Intergenerational Residential Community:

Launched in December 2025, Estate 361 in Sector 36A, Gurugram quickly established itself as a category-defining LiveWell Experience. The community's 'Many habits, One habitat' philosophy— built around over 250,000 sq. ft. of forest greens with 1,000+ indigenous trees across ~18.23 acres — resonated with discerning buyers seeking a genuine nature-first lifestyle. With an average realisation of ~INR 22,000 per sq. ft. — a significant premium to the micro-market and to Max Estates' own earlier project Estate 360 — the market validated the pricing power of an architecturally distinct and ecologically curated residential community.

Estate 105, Noida — Pre Sales - ~INR 1,783 Crore | Delhi NCR's Movement-First Residential Community

Launched on March 20, 2026, Estate 105 in Noida, achieved ~INR 1,783 crore in pre-sales within just 10 days of launch. With a total first-phase GDV of ~INR 3,000 crore on a ~10.33-acre development, the project has strong momentum.

Max One, Noida — Pre Sales - ~INR 1,415 Crore | NCR's Landmark Integrated Downtown Destination

Launched with RERA approval on March 7, 2026, Max One represents a transformative revival of the long-stalled 'Delhi One' project in Sector 16B, Noida. Max Estates' acquisition of Boulevard Projects Private Limited (BPPL) and subsequent RERA clearance provided nearly a decade's worth of relief to erstwhile homebuyers, who were brought into the Max Estates family. Including bookings recognised post-RERA approval from the erstwhile developer, Max One, contributed ~INR 1,415 crore to FY26 pre-sales. This includes INR 1,221 crore of pre-sales recognised post receipt of RERA, which was done by the erstwhile developer.

Collections : The Company has achieved collections of ~INR 1,578 crore in FY 26. Across all our projects, annual collections typically range between 20–25% of the sales value and project cost, enabling the company to undertake construction without incurring any incremental debt for our residential projects.

Strong Balance Sheet : The Company has consistently been able to maintain a strong Balance Sheet with Debt as on March 2026 stood at ~INR 1,859 crore, including LRDs of INR 968 crore and Cash & Cash Equivalents as on March 2026 stood at INR 1,685 crore. The Company has a net debt of ~INR 174 crore.

Operational Trajectory & Scale

Max Estates has demonstrated a structural shift in its scale of operations over the last three years:

· FY 2024: INR 1,841 Crore

· FY 2025: INR 5,321 Crore

· FY 2026: INR 5,305 Crore

Maintaining a run rate of over INR 5,000 crore for two consecutive years, particularly in a volatile macro environment, solidifies Max Estates' reputation as a resilient and high-growth player in the Indian real estate landscape.