Max Estates stocks in focus on hitting Rs 845 cr in pre-sales within one week of launch
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Shares of Max Estates may remain on the investor’s radar today following the announcement of achieving Rs 845 crore in pre-sales for its Noida project within the first week of launch.“Max Estates 128 Private Limited, a wholly owned subsidiary of Max Estates Limited, is delighted to announce the successful launch of Phase II of Estate 128, Noida. Estate 128 – II is registered with UP RERA number UPRERAPRJ294911/12/2024 and comprises the 4th tower, further expanding the thriving community of the first 3 towers, launched in July 2023,” said the company in its filing to the exchanges. After a successful phase 1 of the project, the second phase surpassed the company’s original guidance of Rs 800 crore as the booking value potential. Combining both phases, the Estate 128 community now comprises 4 towers with 268 units, spanning 10 acres and a total booking value of approximately Rs 2,700 crore. “With the successful launch of Estate 128-II and E...