Max Estates Limited has successfully obtained the necessary RERA approval for its Max One development in Noida, bringing relief to customers who have waited nearly nine years following the insolvency of the previous developer. Construction on the 10-acre, mixed-use project, envisioned as a globally benchmarked urban destination, will commence shortly. The project carries a total sales potential of approximately INR 2,000 crore and an annuity rental income potential of INR 120 crore.
RERA Approval Signals New Beginning for Max One
Max Estates Limited announced on March 7, 2026, that it has secured the RERA approval [UPRERA No.: UPRERAPRJ9759] for Max One, the development situated around Max Towers, Sector 16B, Noida. This development was formerly known as Delhi One. This crucial regulatory clearance marks a significant milestone, providing renewed optimism for customers awaiting the project’s revival after the insolvency of the erstwhile developer.
Vision for a Globally Benchmarked Campus
Max One is a substantial ~10-acre development planned for construction, boasting a potential gross development area of ~2.5 million sq ft. The project aims to be a globally benchmarked integrated mixed-use destination, drawing inspiration from international districts such as Hudson Yards (New York) and One Blackfriars (London). It will feature a unique combination of by-invite-only ultra-luxury serviced residences, premium offices, curated retail, and a private club.
Financial Projections and Company Philosophy
The project is expected to yield substantial financial returns, with a projected total sales potential reaching approximately ~INR 2,000 crore. Furthermore, it is forecast to generate an annuity rental income potential of ~INR 120 crore. Sahil Vachani, Vice Chairman and Managing Director of Max Estates, emphasized the goal of bringing alive the company’s ‘Live Well and WorkWell’ philosophy to deliver a holistic downtown experience.
About Max Estates Limited
Established in 2016, Max Estates Limited is a key real estate developer focusing on premium commercial and residential spaces within the NCR region under the purpose of ‘Enhancing Quality of Life through spaces it creates’. The company maintains a diversified real estate portfolio across both asset classes and partners with New York Life Insurance Company (NYL). Max Estates Limited is publicly listed on both the NSE and BSE.
Source: BSE
