Max Estates recorded pre-sales of ₹1,100 crore in Q1 FY2027, a 5x increase compared to Q1 FY2026. The performance was anchored by the complete sell-out of Phase 1 of The Terraces, alongside steady contributions from its broader portfolio of ongoing projects. The company sold 487 units across its projects in Noida and Gurugram during the quarter, compared to 43 units in the corresponding period of the previous year.

Q1 FY2027 Pre-Sales Performance

The company's Q1 FY2027 pre-sales of ₹1,100 crore were driven by two distinct components. Phase 1 of The Terraces was entirely sold out, generating ₹500 crore in sales, while sustained sales from other projects contributed ₹600 crore to the overall quarterly figure. The company achieved collections of ₹500 crore in Q1 FY2027. The following table summarises the key sales metrics for the quarter:

Phase 1 of The Terraces Sells Out

The complete sell-out of Phase 1 of The Terraces represents a significant milestone for Max Estates in the current fiscal year. The phase contributed ₹500 crore to the company's pre-sales tally for Q1 FY2027, reflecting strong demand for the project. This sell-out underscores the market reception for the company's premium residential offerings.

Sustained Sales and GDV Pipeline

Beyond the launch-driven performance of The Terraces, Max Estates reported sustained sales of ₹600 crore during Q1 FY2027, indicating consistent traction across its existing project portfolio. The company's overall gross development value pipeline has exceeded ₹17,200 crore, providing a substantial base of future revenue potential across its development projects.

Future Growth and Commercial Portfolio

Max Estates entered FY27 with a total GDV pipeline of ₹17,200+ crore, set to fuel growth for FY27 onwards, including Estate 105, Max One, Estate 361 and a residential community in Sector 59, Gurugram. Major launches in Noida and Gurugram are planned in Q2 and Q3 of FY2027. The commercial portfolio is 100% leased with ₹150+ crore annual rental, and the overall commercial portfolio is poised for an annuity rental income potential of ₹700+ Crore on a 100% basis in the next five years.

Max Estates has set an ambitious target to expand its residential space by 2 million sq. ft. annually, marking a significant milestone in the company's real estate growth strategy.

Residential Expansion Target

The company's plan to add 2 million sq. ft. of residential space each year highlights its commitment to scaling its presence in the Indian real estate market. This annual addition is poised to strengthen Max Estates' residential portfolio considerably over time.

Strategic Focus

The targeted expansion reflects Max Estates' intent to consistently grow its residential development footprint. By setting a clear annual benchmark of 2 million sq. ft., the company signals a disciplined and structured approach to its real estate pipeline.