New Delhi: Max Estates, the wholly owned subsidiary of Max Ventures and Industries, has formed a 51:49 joint venture with New York Life Insurance, the largest mutual life Insurance company in the United States, to develop a commercial real estate project in Noida. The Rs 400 crore project, with a built-up area of 700,000 square feet, will be the second investment of New York Life Insurance in Max Ventures and Industries in the past two years.

— The Economic Times

AZB & Partners advised Max Estates Limited and Northern Propmart Solutions Limited led by a team of partners Niladri Maulik and Anisha Shridhar, senior associate Rahul Satyan, associates Paulose M Abraham and Nitin Nair.

2020-02-12

Deal value: Approx. INR 1.75 Billion / Approx. USD 25 Million

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