Max Estates Acquires 7.25 Acres on GCER, Gurgaon for ₹3,000 Crore Luxury Housing Project
Max Estates has bought a prime 7.25-acre plot in Sector 59 along Golf Course Extension Road (Gurgaon) for ₹534 crore, aiming for a luxury group-housing launch with ~1.3 million sq ft built-up and ₹3,000 crore booking potential.
The Fortune Realty Group
9/18/20253 min read

Max Estates Acquires 7.25 Acres on GCER, Gurgaon for ₹3,000 Crore Luxury Housing Project
Max Estates has bought a prime 7.25-acre plot in Sector 59 along Golf Course Extension Road (Gurgaon) for ₹534 crore, aiming for a luxury group-housing launch with ~1.3 million sq ft built-up and ₹3,000 crore booking potential.
Table of Contents
Max Estates, the real estate arm of the Max Group, has taken a major step in the Gurgaon property market by acquiring a 7.25-acre prime land parcel in Sector 59 along Golf Course Extension Road (GCER). The deal, valued at ₹534 crore, is set to unlock a ₹3,000 crore luxury housing project with a built-up potential of around 1.3 million sq ft.
This acquisition further solidifies Gurgaon’s reputation as the epicenter of luxury real estate in NCR, attracting both homebuyers and institutional investors.
Max Estates Expands its Footprint in Gurgaon Luxury Real Estate
According to official details, Max Estates has acquired 100% of equity shares of Azure Capital Advisors LLP, which held rights for this parcel of land. The acquisition gives Max Estates complete control to develop a high-end residential project catering to the growing demand for premium housing in Gurgaon.
The project will be strategically located on Golf Course Extension Road (GCER), one of the fastest-developing luxury residential corridors in NCR. With proximity to premium neighborhoods, corporate hubs, and top educational institutions, Sector 59 is now emerging as a preferred destination for luxury group housing.
The Deal Structure and Development Plan
This development comes at a time when Gurgaon luxury housing sales have outpaced Mumbai, as highlighted in recent market trends. The region’s higher space-per-rupee value, coupled with better infrastructure and mega real estate launches, has made it the frontrunner in India’s luxury residential segment.
With Gurgaon’s real estate market seeing a consistent uptick, projects like this ₹3,000 crore luxury housing launch by Max Estates will only fuel further demand among HNI buyers, NRIs, and investors looking for high-end properties.
Gurgaon’s Luxury Housing Boom Continues
Connectivity: Direct access to Golf Course Road, Sohna Road, and NH-8.
Premium Infrastructure: Surrounded by luxury projects, retail hubs, and upcoming metro extensions.
High Investment Potential: Expected price appreciation due to limited supply of prime land parcels.
Lifestyle Advantage: Proximity to schools, hospitals, and corporate offices.
This mix of connectivity, infrastructure, and lifestyle value ensures that Sector 59 will be one of the most sought-after addresses in Gurgaon’s luxury housing market.
Why Sector 59 on Golf Course Extension Road is the New Luxury Hotspot
The acquisition of 7.25 acres by Max Estates in Gurgaon’s Sector 59 highlights the confidence of developers in the luxury housing market. With an estimated ₹3,000 crore booking potential, the upcoming project on Golf Course Extension Road is expected to set new benchmarks in NCR’s real estate landscape.
For investors and homebuyers alike, this project signals a long-term opportunity in Gurgaon’s luxury real estate boom.
Final Word
To help you understand the broader trends shaping the Gurgaon and Delhi NCR real estate market, explore these insightful reads from TFRG:
Gurugram Overtakes Mumbai in Luxury Real Estate – Why Gurgaon is now India’s luxury capital.
DDA Launches Jan Sadharan Awaas Yojana 2025 – Affordable housing push across Outer Delhi.
Buy vs Rent in 2025: Harmohan Sahni’s Advice – Expert guidance on home ownership vs renting.
Related Reads to Explore
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