Max Estates, a subsidiary of Max Ventures and Industries (MaxVIL), intends to develop two million sq. ft. of property, one million sq. ft. of residential development, and one million sq. ft. of commercial development in the coming years.

The company intends to launch one residential and one commercial project in Noida and Gurugram over the next year.

Max Estates will invest around Rs 3,400 crore over the next five years as part of its expansion plan to develop two residential and two commercial projects in Noida and Gurugram.

While the company's two projects, Max Towers in Noida and phase-1 of Max House in Okhla, are already operational and fully leased, Max Square, also in Noida, recently received a completion certificate.

Max Estates intends to build two office buildings with a combined leasable area of 26 lakh square feet in Noida and Gurugram. The company's completed project is currently bringing in about Rs 100 crore. Moreover, the company anticipates growing with this over the 4-5 years to reach approx. Rs 450-500 crore.