Max Estates Achieves 100% Lease Commitment for Max House Phase 2 in Just One Year

Max Estates Limited's latest commercial project, Max House Phase 2, achieves 100% lease commitment under a year after receiving its occupancy certificate. Located in New Delhi, the site has attracted top domestic and international brands, affirming Max Estates' commitment to quality and wellbeing.

Max Estates Limited has announced that Max House Phase 2, its premier commercial space in New Delhi, reached a significant milestone by securing 100% lease commitment within a year of obtaining its occupancy certificate. The property has attracted a diverse array of leading domestic and international brands, including law firms, IT, publishing, media, manufacturing, and managed office sectors.

The Max House campus, comprising Phase I and II, features two office towers and an amenities hub, offering tenants a variety of F&B options, meeting areas, and community spaces. The total leasable area of the campus is approximately 2.6 lakh square feet, with Phase II contributing roughly 1.50 lakh square feet. The location, just 400 meters from a metro station, is well-connected to different parts of Delhi NCR, enhancing accessibility and convenience. Max House integrates nature, biophilia, and art, promoting a positive work environment and overall wellbeing. It holds LEED Gold certification for green building strategies and is IGBC Gold rated for health and wellness aspects.

Expressing his pride in the achievement, Rishi Raj, Chief Operating Officer of Max Estates, said, 'Max House, with 100% occupancy, sets a new benchmark by combining strategic location, product quality, and user experience based on our WorkWell philosophy. We are delighted to host a variety of marquee clients from various sectors. Achieving full occupancy at a rental premium of 50-60% underscores the strong return-to-office trend and the market's willingness to pay a premium for holistic wellbeing experiences.'

Established in 2016, Max Estates Limited, a subsidiary of the Max Group, focuses on developing premium commercial and residential spaces in Delhi NCR. The company boasts a diversified portfolio and has partnered with New York Life Insurance Company (NYL) for its commercial office platform. Its notable projects include Max Towers, Max House, Max Square, 222 Rajpur, and ongoing constructions like Max Square Two and a project on Golf Course Extension Road in Gurugram. On the residential front, Max Estates has successfully launched and sold projects like Estate 128 in Noida and Estate 360 in Gurugram. The company also offers real estate services through Max Asset Services and is listed on both NSE and BSE.

(With inputs from agencies.)