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Max Estates Delivers Rs 2,092 Crore Pre-Sales In Q2 FY27, Up 14x Year-On-Year

By Realtynmore • 0h ago

New Delhi, November 5, 2026: Max Estates Limited, the real estate arm of the Max Group, delivered pre-sales of Rs 2,092 crore in Q2 FY27, representing approximately 14-fold year-on-year growth and taking its H1 FY27 pre-sales to Rs 3,184 crore, according to a press release issued by the company.

Collections stood at Rs 560 crore during the second quarter, nearly doubling year-on-year, while H1 FY27 collections reached Rs 1,051 crore. On a standalone basis, the company reported revenue from operations of Rs 17.1 crore in Q2 FY27, up 21.3 percent year-on-year, while profit after tax increased 17.9 percent to Rs 13.6 crore. For H1 FY27, standalone revenue from operations grew 29.2 percent to Rs 35.9 crore. Consolidated revenue stood at Rs 52.8 crore, with profit after tax reaching Rs 4.7 crore in Q2 FY27.

On the residential and mixed-use fronts, Estate 361 recorded pre-sales of Rs 962 crore in Q2 FY27, while Max One and Estate 105 achieved pre-sales of Rs 584 crore and Rs 546 crore, respectively. The company maintains a balance Gross Development Value (GDV) pipeline exceeding Rs 29,000 crore. Additionally, Max Estates signed an MoU for a proposed Joint Development Agreement covering 9.76 acres in Indirapuram, Ghaziabad, and entered into an MoU for the proposed acquisition of approximately 84.71 acres of land in West Delhi with an estimated GDV potential of Rs 10,000–12,000 crore for a consideration of Rs 420 crore.

In its commercial portfolio, operational assets—including Max Towers, Max House Phase I and II, and Max Square—maintained 100 percent occupancy. Under-construction commercial developments such as Max Square Two and Max District in Gurugram continue to progress, with the overall commercial portfolio poised to generate annual rental income exceeding Rs 700 crore over the next four years.

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Commenting on the performance, Sahil Vachani, Vice Chairman & Managing Director, Max Estates, said: “Delivering ~Rs 3,200 crore of pre-sales in H1 FY27, reflects the continued confidence of homebuyers in our well-being-led LiveWell and WorkWell offerings. With collections doubling year-on-year and our operational commercial portfolio maintaining 100% occupancy, we remain focused on disciplined execution and building sustainable growth across both asset classes. During the quarter, we also made significant progress in strengthening our development pipeline through the proposed Delhi land acquisition and Ghaziabad joint development taking balance GDV pipeline exceeding Rs 29,000 crore, we remain confident of sustaining our growth trajectory and creating long-term value for our stakeholders.”

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