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Max Estates buys 85-acre land in Delhi, eyes ₹10,000-12,000 cr revenue

Realty firm Max Estates Ltd has acquired 84.71 acre land in West Delhi from promoters' land holding entities, in a share-swap deal worth Rs 420 crore, as part of its expansion plan. The company will develop residential and commercial projects on this land parcel and expects revenue of Rs 10,000-12,000 crore from upcoming projects on the site. With this acquisition, Max Estates said it has entered into Delhi's housing market. It is already doing residential projects in Gurugram and Noida markets…

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Business StandardCenter·53m ago
Max Estates buys 85-acre land in Delhi, eyes ₹10,000-12,000 cr revenue
Realty firm Max Estates Ltd has acquired 84.71 acre land in West Delhi from promoters' land holding entities, in a share-swap deal worth Rs 420 crore, as part of its expansion plan. The company will develop residential and commercial projects on this land parcel and expects revenue of Rs 10,000-12,000 crore from upcoming projects on the site. With this acquisition, Max Estates said it has entered into Delhi's housing market. It is already doing residential projects in Gurugram and Noida markets…
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Max Estates buys 85-acre land in Delhi, eyes ₹10,000-12,000 cr revenue

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Max Estates buys 85-acre land in Delhi, eyes ₹10,000-12,000 cr revenue

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