New Delhi, March 20 Max Estates Ltd, a real estate firm, expects to generate revenue of ₹3,000 crore from a new housing project in Noida.
In a regulatory filing on Friday, the company announced the launch of a residential community, "Estate 105," located in Sector 105, Noida, Uttar Pradesh.
The project is "part of a larger 10.33-acre planned development, with the first phase estimated to have a Gross Development Value (GDV) of ₹3,000 crore."
The GDV refers to the potential sale value of the properties being offered for sale.
The company will develop 270 homes across two residential towers.
Established in 2016, Max Estates Ltd is one of the leading real estate developers in the Delhi-NCR region.