Pre-sales of ~INR 3,200 crore in H1FY2027; Q2 pre-sales up 1,246% YoY on 274 units sold

Max Estates reported H1FY2027 pre-sales of ~INR 3,200 crore, with Q2FY2027 pre-sales at ~INR 2,100 crore versus INR 156 crore in Q2FY2026 (1,246% YoY).

Tue 6 Oct 2026

H1FY2027 Pre-sales

~INR 3,200 crore

Q2FY2027 Pre-sales

~INR 2,100 crore vs INR 156 crore in Q2FY2026 (1,246% YoY)

Q2FY2027 Collections and Units Sold

~INR 560 crore; 274 units vs 24 units a year earlier

Pre-sales for the half year and the quarter

Max Estates, a real estate developer focused on Delhi NCR, shared a press release stating that its pre-sales in H1FY2027 were ~INR 3,200 crore. For Q2FY2027 alone, pre-sales were ~INR 2,100 crore, compared with INR 156 crore in Q2FY2026. The company describes this as an increase of 1,246% year on year.

For a novice: pre-sales is the value of homes booked by buyers before a project is completed. It is not the same as cash received, because buyers pay in instalments over time as construction progresses.

What supported the quarter

• Estate 361 recorded sales of INR 1,747 crore in H1FY2027.
• Volume: 274 units were sold in Q2FY2027 across projects in Noida and Gurugram, against 24 units in Q2FY2026.
• The company reported collections of ~INR 560 crore in Q2FY2027.

What the release says about the road ahead

The release states that the company enters H2FY2027 with major launches planned across Noida and Gurugram, and that it aspires to keep adding to its residential and commercial portfolios every year. It also refers to its commercial portfolio, which it says continues to be leased out.

How to read this

• These are operational numbers stated by the company in its own press release, covering bookings and collections rather than audited profit figures.
• The release carries a safe harbour statement noting that statements about plans, project potential and targets are forward-looking and subject to risks and uncertainties, and that actual results may differ materially.

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