Max Estates Gets RERA Approval for Max One Project in Noida

• RERA approval clears path for construction after 9-year delay

• 10-acre mixed-use project planned in Noida Sector 16B

• Development may generate ₹2,000 crore in sales potential

Noida: Real estate developer Max Estates Ltd has received regulatory approval to move forward with its Max One project in Sector 16B, Noida, bringing relief to homebuyers who have been waiting nearly nine years since the original Delhi One project stalled.

The company confirmed that it has secured approval from the Real Estate Regulatory Authority (RERA), allowing construction activities to begin shortly. The development replaces the earlier Delhi One project and marks a major step toward reviving the long-delayed site.

Spread across 10 acres, Max One is planned as a mixed-use integrated campus combining residential, commercial, retail, and lifestyle spaces in a single development. The project will include:

• Ultra-luxury serviced residences

• Premium office spaces

• Curated retail outlets

• A private by-invite members’ club

• Cultural and entertainment zones

The design aims to create a modern urban district where people can live, work, and socialize within one integrated environment.

Max Estates says the project concept draws inspiration from internationally recognised developments such as Hudson Yards in New York, One Blackfriars in London, and Marina One in Singapore.

The company estimates that Max One could offer around 2.5 million square feet of development potential, with a projected sales value of about ₹2,000 crore and an annual rental income potential of around ₹120 crore once operational.

The revival became possible after Max Estates acquired Boulevard Projects Private Ltd (BPPL) last year, the entity linked to the earlier Delhi One development. This acquisition enabled the company to restart planning and secure fresh regulatory approvals.

Sahil Vachani, Vice Chairman and Managing Director of Max Estates, said the project represents both a new beginning for the company and long-awaited progress for affected buyers.

According to him, the development reflects the company’s “LiveWell and WorkWell” philosophy, aiming to build a vibrant downtown environment that blends residential life with workspaces and lifestyle amenities.

He also acknowledged the long wait faced by homeowners, noting that the company is looking forward to welcoming them into the Max Estates community as the project moves into its construction phase.

The restart of the project is expected to boost investor and buyer confidence in the Noida real estate market, especially in stalled developments that have been awaiting revival through new developers and regulatory approvals.

With RERA clearance now in place, the Max One project is set to move ahead, potentially transforming the long-pending site into a major mixed-use destination in the region.

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