Max Group Enters Commercial Real Estate with Max Towers, invests Rs 600 Cr

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By Accommodation Times Bureau


Max Estates, a subsidiary of Max-Ventures & Industries Ltd. (MaxVIL), Friday announced the opening of office project – Max Towers located on the Delhi Noida Directway, built with an investment of nearly Rs 600 crore.

Constructed in a brisk 24 months, the building’s anchor tenant – Spaces, the premium co-working brand of one of world’s largest co-working company International Workplace Group will be operational shortly.

Max Towers will provide its occupants with an energy-efficient and green work environment, a technology-enabled smart workspace designed to boost their productivity while they are working and a vibrant food & recreation hub when they want to socialize or take a break.

Max Towers was originally conceived as a part of a high-end mixed-use project called Delhi One. With support and encouragement from Alok Tandon, Chairman & CEO, Noida Authority a separate sub-lease was granted for the Max Towers land, allowing Max Estates to develop the building and accompanying infrastructure and services independently.

Sahil Vachani, Managing Director, MaxVIL said We wanted to create a building that reflects both, our old and new values. We are confident that the effort and planning that has gone into the building will reap rich rewards; and that Max Towers will set the tone for all our future endeavours.”

Max Estates’ other real estate’s projects include 222 Rajpur, a luxury residential villas community set in the foothills of Dehradun, Uttarakhand and the redevelopment of Max Group’s corporate office complex in Okhla, New Delhi.

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