Construction of Rs 400 cr Max Square begins in Noida
Real Estate

Construction of Rs 400 cr Max Square begins in Noida

Max Estates has begun the construction of its third commercial project ‘Max Square’, situated on the Noida Expressway, comprising around 0.7 million sq ft of office and retail spaces. Max Estates is in charge of the final delivery of the project, which is expected to be delivered by March 2023. 

The commercial project is a part of Max group's listed entity Max Ventures & Industries Ltd (MaxVIL). Max Estates and New York Life Insurance Company, their financial partner, will hold stakes in the ratio of 51:49 in the special purpose vehicle (SPV) Max Square Ltd, formed to develop the Max Square project. This is New York Life Insurance Company’s first real estate project in India as a financial partner.

With an equity infusion of Rs 1.75 billion and a debt funding of Rs 2.25 billion, the project will cost them approximately Rs 4 billion. A company release states that all necessary statutory approvals have been received.

Max Estates expects considerable interest from tenants for Grade A+ commercial office space including for Max Square, as the ongoing disruptions in the demand for office space seem provisional.

Max Ventures & Industries adds that Max Square has been designed with their “differentiated philosophy of WorkWell, enabling a vibrant workplace community”, including contactless utilities and state-of-art air-filtration. 

Max Estate has constructed two commercial real estate projects, situated in Noida and Delhi. Besides real estate, the company is also into speciality packaging films.

Max Estates has begun the construction of its third commercial project ‘Max Square’, situated on the Noida Expressway, comprising around 0.7 million sq ft of office and retail spaces. Max Estates is in charge of the final delivery of the project, which is expected to be delivered by March 2023. The commercial project is a part of Max group's listed entity Max Ventures & Industries Ltd (MaxVIL). Max Estates and New York Life Insurance Company, their financial partner, will hold stakes in the ratio of 51:49 in the special purpose vehicle (SPV) Max Square Ltd, formed to develop the Max Square project. This is New York Life Insurance Company’s first real estate project in India as a financial partner.With an equity infusion of Rs 1.75 billion and a debt funding of Rs 2.25 billion, the project will cost them approximately Rs 4 billion. A company release states that all necessary statutory approvals have been received.Max Estates expects considerable interest from tenants for Grade A+ commercial office space including for Max Square, as the ongoing disruptions in the demand for office space seem provisional.Max Ventures & Industries adds that Max Square has been designed with their “differentiated philosophy of WorkWell, enabling a vibrant workplace community”, including contactless utilities and state-of-art air-filtration. Max Estate has constructed two commercial real estate projects, situated in Noida and Delhi. Besides real estate, the company is also into speciality packaging films.

Next Story
Infrastructure Urban

Arya Omnitalk Powers India’s Toll Revolution with AI-Driven Solutions

Arya Omnitalk, a leader in intelligent transportation systems, is revolutionising toll collection across India’s national highways with its advanced AI-powered Toll Management Solutions. Designed for rugged remote toll locations, the company’s cutting-edge technology ensures seamless, reliable, and secure tolling—especially during high-capacity operations exceeding 200%. By integrating real-time analytics, cyber protection, and FASTag-based cashless tolling, Arya Omnitalk’s systems are significantly reducing congestion, improving transparency, and enhancing revenue assurance. Its full..

Next Story
Infrastructure Urban

Over 800 Join Anant Raj Runathon to Mark Earth Day

Over 800 participants came together at Anant Raj Estate, Sector 63A, Gurugram, for the Anant Raj Runathon 2025—a vibrant celebration of Earth Day through fitness, community bonding, and sustainability. Curated by renowned running coach Ravinder, the event featured four categories: 10-mile and 5-mile timed runs, a 5-mile walkathon, and a 1-mile kids’ run. Runners of all ages took to the green, scenic roads of the area—some chasing personal bests, others running for a cause. The Runathon was designed to promote healthy living while raising awareness about sustainable practices. Participa..

Next Story
Infrastructure Urban

PETRONAS Lubricants, Quaker Houghton Ink Strategic Deal

In a significant step towards strengthening industrial operations in India and Malaysia, PETRONAS Lubricants India Pvt. Ltd (PLIPL) and Quaker Houghton have announced a strategic partnership aimed at delivering high-performance industrial fluid solutions to key manufacturing sectors, including steel production. The collaboration combines the strengths of both companies—leveraging PETRONAS Lubricants India’s maintenance lubricant technologies and Quaker Houghton’s deep expertise in metalworking fluids. Starting from the second quarter of 2025, Quaker Houghton will begin offering PETRONAS..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?