Deals & Growth
The Economic Times24 Sept 2026, 5:39 pm IST
Max Estates to partner for Rs 3,000 crore housing project in Ghaziabad
What happened
- Max Estates Ltd plans to partner with a landowner to build a housing project in Indirapuram, Ghaziabad.
- The project will cover 9.76 acres with a development potential of 1.5 million square feet.
- The project has an estimated revenue of Rs 2,500 to 3,000 crore.
- The deal depends on completing due diligence and receiving necessary approvals.
Key terms explained
Financial terms from this story, in everyday words.
- Joint Development Agreement (JDA)
- A contract where a landowner provides land and a developer provides the funds and expertise to build a project.
- Due diligence
- A detailed check of a company or property to confirm all facts and legal details before signing a deal.
Original source
The Economic Times
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