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Max Estates Signs JDA for 9.76-Acre Ghaziabad Project | ₹3,000 Cr GDV
Whitehat Realty Guide
Whitehat Realty30 Sep 20264 min read
Max Estates Signs Joint Development Agreement for 9.76-Acre Ghaziabad Project of ₹2,500-3,000 Crore GDV
Max Estates Signs JDA for 9.76-Acre Ghaziabad Project | ₹3,000 Cr GDV
Whitehat Realty30 Sep 20264 min readFeatured Guide4 min read
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Project FAQs
Max Estates has entered into a joint development arrangement for a 9.76-acre residential land parcel in Indirapuram, Ghaziabad. The proposed project has an estimated GDV of ₹2,500 crore to ₹3,000 crore.
The project is proposed in Indirapuram, Ghaziabad, along National Expressway-3, with connectivity to Delhi and other parts of Ghaziabad.
The proposed development is expected to have a gross development value of approximately ₹2,500 crore to ₹3,000 crore.
The project is planned on a land parcel measuring approximately 9.76 acres.
The project is expected to have a development potential of around 1.5 million sq. ft. of super built-up area.
No. The project is structured as a revenue-sharing joint development arrangement, which allows Max Estates to develop the land without making a large upfront land acquisition payment.
Yes. The Indirapuram development marks Max Estates' first entry into the Ghaziabad residential real estate market.
The project is still subject to due diligence and regulatory approvals. RERA registration is expected to be an important milestone before the formal project launch.