Max Estates Launches Estate 360, Garners Over INR 4,100 Crore in Pre-Sales Bookings
Gurugram-based real estate developer, Max Estates Limited, has recently launched its first residential development, Estate 360, in Gurugram on August 27, 2024. The project received its RERA registration RC/REP/HARERA/GGM/860/592/2024/87 on August 16, 2024, making it an eagerly awaited venture in the region.
Exceeding Expectations
Following the launch, Estate 360 has successfully garnered a pre-sales booking value of around INR 4,100 Crore within just 30 days. This impressive figure not only surpasses the company’s initial guidance of around INR 4,000 Crore for the fiscal year 2025 but also indicates an overwhelming demand for this new residential offering.
Not only has Max Estates been successful in securing significant pre-sales bookings but it has also acquired a collection of approximately INR 400 Crore to date. This achievement has prompted the real estate developer to revise its guidance for the total Gross Development Value potential of Estate 360 from INR 4,000 Crore to around INR 4,800 Crore for the fiscal year 2025.
Promoting “LiveWell” Philosophy
The Managing Director and Vice Chairman of Max Estates, Sahil Vachani, expressed his joy and gratitude for the overwhelming response to Estate 360, which offers an inter-generational living experience. Vachani emphasized Max Estates’ focus on providing a holistic well-being by seamlessly curating the location, product quality, and end-user experience under their LiveWell philosophy.
Vachani further mentioned the company’s intention to continue introducing new LiveWell experiences and emphasized their commitment to ambitious growth. By adding three million square feet of real estate each year, Max Estates aims to scale its portfolio and contribute to the development of the region.
Intergenerational Design and Sustainable Practices
Estate 360 stands as the Delhi NCR’s first inter-generational residential community at scale, carefully designed by Gensler, a prominent global design and architecture firm. With the Gensler touch, the project’s design and amenities are tailored to cater to generational needs, fostering a sense of togetherness through intentional design, natural landscapes, and shared spaces.
The development comprises 60 amenities specifically curated to cater to different age groups, cultures, and lifestyles. Notably, two out of the six residences within Estate 360 are dedicated to senior living and managed by Antara Senior Living. Additionally, the community also boasts a dedicated healthcare center open to all residents, ensuring comprehensive care for all.
An Ideal Location
The strategic location of Estate 360 adds to its appeal. Situated at the confluence of Dwarka Expressway, Central Peripheral Road, and NH-8, the project capitalizes on its advantageous placement, making it a hub for premium residential projects in Gurugram. The project offers seamless connectivity to the International Airport, different parts of Delhi, as well as key commercial and residential hubs within Gurugram.
In conclusion, Max Estates’ launch of Estate 360 has gained outstanding pre-sales booking value within a short span of 30 days. The project’s success not only exceeds initial expectations but also demonstrates Max Estates’ commitment to providing well-designed, sustainable, and interconnected communities for different age groups and lifestyles through their LiveWell philosophy. With its strategic location and thoughtful design, Estate 360 is poised to become a prestigious residential community in Gurugram, meeting the needs of discerning buyers looking for a holistic living experience.