MAXESTATESBSEMax Estates LtdMediumPositive
Announced Wed, 13 May · 16:21 IST

Press Release titled Max Estates Launches The Terraces at Estates 361 Gurugram

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MAXESTATES · price

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹393.25
prior close
₹409.00
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AI summary

Max Estates has launched 'The Terraces', a new residential project within Estate 361 in Sector 36A, Dwarka Expressway, Gurugram. The project offers 1.5 & 2-bedroom smart homes and duplex loft residences with a GDV of ₹1,200 crore. Phase 1 comprises 120 residences starting at ₹2.4 crore. The Terraces features 8 shared community terraces across the building, 80,000 sq ft of well-being amenities, and a 2-acre urban forest with 1,000+ native trees. The project is IGBC Platinum Pre-certified and part of the larger Estate 361 development with an overall GDV of ₹9,000 crore across 18.23 acres. The launch targets young couples, families, and seniors through an intergenerational community concept under Max Estates' LiveWell philosophy.

Likely market impact

The launch adds to Max Estates' project pipeline and revenue visibility, though this is a standard product launch announcement rather than an order or contract that directly affects near-term financials. The ₹2.4 crore+ starting price positions the product in the premium residential segment.