The venture is planned to be created in different stages with a total sales potential abundance of roughly Rs 1,300 crore and will cater to the premium conclusion of the residential market. Max Estates Limited, a wholly-owned Auxillary of Max Ventures and businesses, on Monday said that it has procured roughly 10 acres of blended-use residential land parcel in Noida at the amount of Rs 306 crore. “Max Estates Limited, the real estate arm of the company will obtain 100% of the value in Accord Hotels and Resorts Private Limited for Rs. 306 Crores. Post the securing, the said company will become a 100% auxiliary of Max Estates Limited,” the $4-bn Max Group said in a statement.
