Max Estates Limited on Thursday reported pre-sales of approximately ₹1,100 crore for the first quarter of FY2027, a more than fivefold increase compared to Q1 FY2026. The NCR-based real estate developer sold 487 units across its Noida and Gurugram projects during the quarter, against just 43 units in the same period last year.The quarter’s sales were split between the newly launched Phase 1 of The Terraces, which was fully sold out generating approximately ₹500 crore, and sustenance sales from existing projects contributing the remaining ₹600 crore. Collections for the quarter stood at approximately ₹500 crore, which the company said allows it to fund construction without taking on additional debt.Max Estates also reported that its commercial portfolio remains fully leased, generating over ₹150 crore in annual rentals. The company projects this figure could reach ₹700 crore annually over the next five years across delivered, under-construction, and acquired properties.Looking ahead, the company cited a gross development value pipeline of over ₹17,200 crore, including projects such as Estate 105, Max One, Estate 361, and a residential development in Sector 59, Gurugram. Major launches in Noida and Gurugram are planned for Q2 and Q3 of FY2027.Published on July 3, 2026