Completion Certificate (CC) received for Max Square

by Priya J

1^st March 2023, New Delhi:Max Ventures & Industries Limited’s (MaxVIL) real estate arm, Max Estates has received the completion certificate for Max Square – a Grade A+ greenfield development in Sector 129, Noida. The development has obtained the highest possible green building standards certification from IGBC, and is IGBC Platinum certified under the Green New Buildings Rating System.

Max Square is built on the theme of nature and nurture and has a net leasable area of ~6,70,000 sq. ft. The completion of land acquisition, design, development and construction in a span of 3 years despite multiple COVID led interruptions is a clear testament of the end to end execution capability of the team at Max Estates Limited.

Max Square is located on the Noida Expressway, one of the two most important office micro markets in Delhi NCR offering excellent connectivity. New York Life, our strategic partner in the real estate business since 2017, has co-invested in the development and holds 49% stake.

As a part of our ‘WorkWell’ philosophy, at Max Square, we aim to ensure the holistic wellbeing of office users by curating an ecosystem of spaces including multi-cuisine F&B, state of the art multipurpose hall, food court, early learning center, and a connect to nature through a ~11,000 sq. ft. central forest courtyard

About Max Ventures & Industries Limited (MaxVIL):Max Estates Limited Max Asset Services Limited (MAS)

MaxVIL: Max Ventures & Industries Limited (MaxVIL), a part of the leading Indian multi-business conglomerate Max Group, owns and operates a real estate business through its 100% subsidiary, Max Estates. MaxVIL also has a real estate services & management company – Max Asset Services. MaxVIL is listed on NSE and BSE.

Established in 2016, Max Estates Limited is the real estate arm of the Max Group and a wholly owned subsidiary of MaxVIL. Its vision is to bring the Group’s values of Excellence, Credibility and Sevabhav to the Indian real estate sector. Its marquee projects include a one-of-its-kind commercial office space Max Towers, on the edge of South Delhi that opened is doors in 2019, Max House – a re-development of office campus and 222 Rajpur, a luxury residential villa community on Rajpur Road, Dehradun. It aims to create, build and operate Grade A+ office spaces in Delhi-NCR. The company has entered into a partnership with New York Life Insurance Company (NYL) for its 3^rd commercial project in Delhi-NCR named Max Square. Recently, company has also forayed into the residential segment with its first project planned to be developed in Noida.

Max Asset Services Limited focuses on providing real estate as a service in the form of facility management, community development and managed offices. It aims to bring life into buildings by implementing the Max Estates’ WorkWell philosophy through amenities and ‘Pulse’, which focuses on curating engaging events for office tenants.

Safe Harbor Statement:Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.