Max Estates Reports ₹3,200 Crore Pre-Sales In H1FY2027, Q2FY2027 Sales Jump 1,246% YoY

Mumbai-based real estate developer Max Estates Limited reported a significant surge in pre-sales for the first half of fiscal year 2027, reaching approximately ₹3,200 crore. This represents a staggering 1,246% increase compared to the same period last year, when pre-sales were only ₹156 crore. In the second quarter of FY2027 alone, the company recorded pre-sales of ₹2,100 crore, with a notable ₹584 crore coming from the Max One project.

The company's sales performance also showcased remarkable growth, with 274 units sold in Q2FY2027 across its Noida and Gurugram projects, a sharp rise from just 24 units sold in the same quarter of the previous year. Sustenance sales for H1FY2027 reached ₹1,747 crore, with Q2FY2027 collections amounting to approximately ₹560 crore, which typically accounts for 20-25% of the sales value.

Max Estates has been recognized for its sustainability efforts, securing a dual 5-star GRESB rating for the second consecutive year. Looking ahead, the company plans to roll out major projects in Noida and Gurugram during the third and fourth quarters of H2FY2027, with offerings ranging from millennial-focused residences to senior living options at price points between ₹3.50 crore to ₹35 crore. The goal is to add 2 million square feet to its residential segment annually.

In addition to residential developments, Max Estates boasts a commercial portfolio that is currently fully leased, generating annual rental income exceeding ₹160 crore. The company anticipates an annuity rental income potential of over ₹700 crore from its commercial segment on a 100% basis within the next five years. Plans also include adding 1 million square feet to the commercial segment annually.