Max Ventures Updates On The Real Estate Projects
Max Ventures and Industries Limited Creating a portfolio of ‘landmark addresses’ in NCR and North India for Emerging India.
1. Max Towers Commercial, Noida - We expect the construction work to be completed by Q4FY19. This will be the 1st Commercial offering of MaxVIL. We have already leased about 50,000 Sq. Ft. to a premium Co-Working Company. The lease is likely to commence in Q4.
2. Max House Commercial, Okhla NCR - This is a Re-development of office campus located within South Delhi, comprising ~100,000 sq. ft. in the 1st phase. We have begun the work on this project and expect to deliver this project in the next 24-30 months.
3. Rajpur Residential Villas, Dehradun - We have completed the work for the project and are awaiting occupancy permissions. Of the project size of 21 villas, have sold 10 units worth Rs. 3,692 Lakhs and expect the balance sale of villas to be completed in FY19. This is the 1st residential project of MaxVIL and has been completed before scheduled time.