Year Ender Quote : With several new milestones and announcements, 2022 has been an exhilarating year Says Mr Rishi Raj, Max Estates Ltd
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Below is Year Ender Quote By Mr Rishi Raj, COO, Max Estates Ltd
With several new milestones and announcements, 2022 has been an exhilarating year for Max Estates. The real estate industry as a whole has witnessed a visible shift in preference from just ‘location, location and location’ to now ‘location, product and experience’ as the three key success metrics for real estate developments.
Post the pandemic, as offices moved beyond the conventional idea of a standard brick and mortar buildings to new, modern, and sustainable ecosystems, we witnessed a trend of flight to quality with established organisations choosing Grade A+ developments as their preferred office spaces. As a Grade A+ office space player that lays great emphasis on sustainable design, energy efficient operations, and employee wellness via our unique WorkWell philosophy, Max Estates witnessed a surge in occupancy and demand. Both our operational assets Max House and Max Towers are 100% leased to established conglomerates across industries.
Carrying the same mantra forward, we have announced the expansion of our CRE footprint to Gurugram, cementing our presence in all major regions of the National Capital Region. In addition, we have won the bid for 2 land parcels of ~4 acres on the Noida-Greater Noida expressway. This, combined with our assets under development – Max Square and Max House Phase 2, will help us increase our portfolio to ~4.5mn sq. ft.
With the land acquisition completed this year, we are also geared up to launch our first residential project next year built on our core operating philosophy of LiveWell, which is rooted in ensuring the holistic well-being of residents with close attention to their physical, social, emotional, and spiritual well-being,
Max Estates is dedicated to deliver on its purpose to ‘Enhance quality of life through the spaces we create’ and become a top real estate player in Delhi NCR. Led by our wellness forward approach and differentiated experience led design, we aspire to add 1 mn sq. ft. on average, every year each in commercial as well as residential space.
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