| Project GDV | ₹1,200 CrThe Terraces |
|---|---|
| Market Cap | ₹6,423.6 CrMid-range Performer |
| Revenue Growth | 107.59%Annual YoY |
| RSI | 50.59Neutral Zone |
| Deal value | ₹1,200 Cr |
| Share of market cap | 18.7% |
| Share of annual revenue | 632.2% |
Key highlights
- Gross Development Value (GDV) estimated at ₹1,200 crore for The Terraces
- Phase 1 comprises 120 residences with entry pricing starting at ₹2.4 crore
- Part of the larger ₹9,000 crore Estate 361 intergenerational community
- Features 8 distinct shared community terraces designed for vertical leisure
- IGBC Platinum Pre-certified project with 80,000 sq ft of well-being amenities
The Product — What It Is
The Terraces is a specialized residential segment within the 18.23-acre Estate 361 development, offering 1.5 and 2-bedroom smart homes along with duplex loft residences. Architecturally, the tower is defined by eight shared community terraces that distribute leisure activities vertically. These spaces are designed for yoga, rock climbing, and farm-to-table engagement, bringing social interaction closer to individual units.
The project is IGBC Platinum Pre-certified, incorporating sustainable infrastructure such as rainwater harvesting, solar energy for common areas, and VRF air-conditioning systems to optimize energy efficiency.
Commercial Opportunity
- Phase 1 inventory includes 120 units targeting young couples and first-time homeowners
- Strategic location in Sector 36A offers connectivity to Dwarka Expressway and Central Peripheral Road
- Proximity to upcoming commercial districts Global City and Vision City enhances rental and resale potential
- Premium positioning with pricing starting at 2.4 crore rupees per unit
- Integration with Antara Senior Living creates a unique intergenerational demand driver
Strategic Fit and Portfolio
The launch aligns with Max Estates' LiveWell philosophy, focusing on the integration of wellness and nature into urban housing. By positioning The Terraces within the broader Estate 361 ecosystem, the company is catering to three distinct demographics: young professionals, growing families, and seniors. This diversified approach is supported by the group's partnership with New York Life Insurance Company.
The project adds significant volume to Max Estates' residential portfolio in the NCR region, following their established presence in premium commercial and residential segments in Delhi and Noida.
Management Vision
At Max Estates, we believe homes should evolve with the way people live. Estate 361 is that vision - a fully intergenerational community, built on four decades of the Max Group's ecosystem of care, designed for every stage of life.
Financial Context
Max Estates has demonstrated significant financial momentum with annual operating revenue growing by 107.59 percent to 160.49 crore rupees. The company's net profit for the annual period saw a substantial increase of 196.79 percent, reaching 40.81 crore rupees. While the quarterly net profit experienced a sharp decline, the TTM operating revenue stands at 189.8 crore rupees.
The developer maintains a healthy Piotroski Score of 6 and a Durability Score of 75, reflecting a stable financial position as it scales its Gurugram operations.
“The Terraces is its most vibrant expression. Its eight shared terraces bring leisure, wellness and community directly into the building - because for us, it is not just about helping people live well but helping them live longer.”
| Share price | ₹393 |
|---|---|
| Market capitalisation | ₹6,423.60 Cr |
| Revenue (annual) | ₹160.49 Cr |
| Net profit (annual) | ₹40.81 Cr |
| Revenue (latest quarter) | ₹49.77 Cr+2.05% vs previous quarter |
| Net profit (latest quarter) | ₹0.03 Cr-99.65% vs previous quarter |
| P/E (TTM) | 178.04×Sector 36.15× |
| Promoter holding | 45.27%+0.36% QoQ |
| FII holding | 25.88%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Max Estates Limited announcing the launch of its newest residential offering, The Terraces, in Gurugram. Market figures from a third-party data provider.
