Max Estates targets Ghaziabad land deal with potential INR 3,000 crore value
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How it started
What happened
Max Estates Limited announced plans to enter into a Joint Development Agreement for a approximately 9.76-acre land parcel in Indirapuram, Ghaziabad. The company envisions a super built-up development potential of around 1.5 million sq. ft., with an estimated Gross Development Value ranging from INR 2,500 to 3,000 crore. The proposed transaction is contingent upon satisfactory due diligence, receipt of all necessary approvals, and the execution of the JDA.
From equitybulls.com
Why it matters
The land parcel is situated along National Expressway-3, offering superior connectivity to the markets of Noida and Delhi. The announcement details were made on September 23, 2026, and the shares of Max Estates Limited were trading in BSE at Rs. 601.80 during the day.
From equitybulls.com
Who's involved
- GhaziabadLocation of the land parcel targeted for the development project.
How it developed
Newest first. Tap a step to see who reported it.- Max Estates plans a large development in Ghaziabad and receives necessary authorization from the Gujarat Pollution Control Board for waste recycling.Sub-event
Company seeks land in Ghaziabad, citing connectivity benefits to Noida and Delhi markets.1 source
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The entities involved
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Ghaziabad
city in the Indian state of Uttar Pradesh
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Noida
city in Uttar Pradesh, India
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Delhi
megacity and union territory of India
Related events
- Vehicles are traveling between Ghaziabad and Noida, with traffic funneling through Ghaziabad's main road.
- New underpasses are connecting Noida to Meerut, Ghaziabad, and Delhi, enhancing regional connectivity.
- Vishwakarma Road has been completed, connecting Noida to both Delhi and Ghaziabad.
- Ghaziabad and Noida depend on the Ganga water supply, with GMC operating the water network in Ghaziabad.