By Team Homes | Friday, 24 November 2023

Phase2 of Max Estates in South Delhi got Certification for Occupancy

The real estate arm of Max Group, Max Estates has recently received completion cum occupancy certificate for Phase 2 of Max House, which is a boutique office campus in Okhla, South Delhi. The development work will be done on a leasable land area of 1.5 lakh sq-ft.  After combining with Phase 1, the campus has 2.55 lakh sq-ft of leasable area.

Max House received LEED Gold certified for green building strategies and IGBC Gold certified for health and well-being aspects. The campus is within walking distance from Okhla NSIC metro station, in the heart of New Delhi, making it well connected to different parts of the National Capital Region (NCR). According to the report, the said project got completed as per the projected timelines and within the budgeted costs. 

 

Max House is designed along the theme of ‘modernity blending with tradition’.  The unique blend of glass and terracotta bricks façade, with the iconic clock tower merges well with the old industrial backdrop of Okhla, the ecosystem of modern facilities and amenities makes Max House stand out as an office space suited to the modern workforce. The construction work is done by Studio Lotus collaborating with Abid Hussain Consultants. Exterior part of this building looks no less than a royal fort. Max House truly personifies Max Estates’ Work Well philosophy, promising holistic well-being of users of the office space by integrating elements of art, natural light, sustainable features, generous space, and inclusivity in the design, and delivering an unparalleled experience to its users.

Phase 1 of the Max house was completed and delivered in 2020, which is now 100 percent leased by commercial multinational giants like Samsung Electronics, Target, Nykaa Fashion, Dhampur Sugar Mills, DSK Legal, Religare Enterprises and many more. Nearly 54% of the total leasable area of Phase 2 has been pre-leased at a premium of 25-30 percent over any other Grade A development in the micro market. After observing the market condition, the company is very sure that, this building will be 100 percent leased just within a year.