Max Ventures Emerges Top Bidder for Axis Bank's Land

CBRE has the mandate for the auction of this parcel in addition to four other mixed-use township land parcels along the Yamuna expressway. CBRE, Max Estates and Axis Bank did not respond to the email query. Max Estates is the real estate arm of the group. In February, MaxVIL closed the first tranche of the divestment of the balance 51% stake in its packaging business for ₹628 crore and has now emerged as a pure-play real estate business entity with a focus on premium residential and commercial real estate in the National Capital Region.

via Economictimes

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