Max Estates buys 10.33 acre land in Noida for Rs 711 cr; to build realty proj worth Rs 3,000 cr

Max Estates Ltd acquires 10.33 acres in Noida for Rs 711 crore to develop a mixed-use project with potential revenues exceeding Rs 3,000 crore. The acquisition involves an upfront payment of Rs 284 crore, with the rest in instalments. Max Estates plans to expand its portfolio annually.