Max Estates, a leading NCR-based real estate developer, has strengthened its presence in Gurugram with the acquisition of development rights for a 7.25-acre land parcel in Sector-59 on the Golf Course Extension Road.

The deal, structured through the purchase of 100 percent shareholding in Base Buildwell (BBPL), includes license and development rights, subject to regulatory approvals. The project has a development potential of 1.3 million sq. ft., with an estimated outlay of Rs 534 crore, and is expected to generate a gross development value (GDV) of over Rs 3,000 crore.

This acquisition elevates Max Estates’ overall GDV pipeline from Rs 14,000 crore to over Rs 17,000 crore, spanning luxury housing projects across Gurugram and Noida. It also complements its Estate 360 project on Dwarka Expressway, and the upcoming launch of an 18.23-acre contiguous project with around four million sq. ft. development potential and GDV of Rs 9,000 crore. With a portfolio of nearly 10 million sq. ft., Max Estates further consolidates its position in NCR’s luxury residential market.