Max Estates lease out 62,500 sq ft office space to Yes Bank – ET RealEstate

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NEW DELHI: Max Estates, a subsidiary of Max Ventures & Industries (MaxVIL), has leased out approximately 62,500 sq ft office space at Max Towers in Noida to Yes Bank, the company said in a media release.

Yes Bank plans to relocate its offices from the Central Business District to the new location as part of its exercise to rationalize cost, the release said.

Sahil Vachani, managing director, MaxVIL, said, “The demand for Grade A office spaces has been growing in Noida mainly due to relatively high rentals in Delhi and Gurugram’s established office space locations and emerging supply of better quality assets.”

With this, Max Estates has so far leased about 3.9 lakh sq ft at Max Towers to companies like Indian Energy Exchange (IEX), Spaces, owned by International Workplace Group, Khaitan& Co., Emerson, Veolia, ESRI, Udacity, Grass Valley, Kama Ayurveda and Castus Legal.



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