Max Estates takes over Delhi One project in Noida
NEW DELHI:
Max Estates
has taken over the
Delhi One
Project in
Noida
. This is expected to bring relief to homebuyers of
Boulevard Projects
(BPPL) as the company looks to revive Delhi One project in Noida, after seven long years of wait.
The project spans approximately 2.5 million sq ft of development part of around 10-acre land parcel constituting 34,696 sq meters of area.
The total sales and annuity rental income potential of the project is estimated to be over ₹2,000 crore and over ₹120 crore respectively.
The company had received final approval from the
National Company Law Tribunal
(NCLT) and National Company Law Appellate Tribunal (NCLAT) on February 2023 and October 2024 respectively.
Delhi One is an integrated mixed-use development that will host serviced residences, office spaces, retail spaces and a club.
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