Listen To The Article Max Estates, a subsidiary of Max Ventures and Industries Limited (MaxVIL), has so far deployed equity worth approximately Rs 2,000 crore, and funded the acquisition of four projects in Noida and Gurugram, respectively, according to MaxVIL MD and CEO Sahil Vachani. We have acquired these four projects entirely through equity. We raised the funds by selling our packaging...
Listen To The Article New York Life Insurance Company, a mutual life insurance company based in the United States, has proposed an investment of Rs 290 crore for a 49% equity stake in a Max Estates SPV commercial project in Gurgaon. Max Estates Limited has acquired Acreage Builders Private Limited's remaining 2.39% equity share capital. Max and New York Life will own 51:49 of ABPL, which has...