Max Estates Limited, a leading real estate developer in the NCR, has announced that it will enter into a Joint Development Agreement for a ~9.76-acre land parcel in Indirapuram, Ghaziabad, envisaging a super built-up development potential of ~1.5 million sq. ft. and an estimated GDV of ~INR 2,500-3,000 crore.

The proposed transaction shall be subject to satisfactory completion of due diligence, receipt of all requisite approvals and execution of the JDA.

The land is located along National Expressway-3 with a buffer green belt, ~15 minutes’ drive from Akshardham Temple, and overlooking the green buffer zone of the Hindon River, with superior connectivity from both Delhi and Noida.