Max Estates The Terraces Estate 361 Sector 36a Gurugram

About The Terraces at Estate 361 — Sector 36A, Gurugram

Launched on 13 May 2026, The Terraces is the newest residential component within Max Estates' Estate 361 township — an 18.23-acre intergenerational community on Dwarka Expressway, Sector 36A, Gurugram. The Terraces itself is a single G+38-storey high-rise offering 1.5 BHK, 2 BHK, and 2 BHK duplex loft residences, with Phase 1 comprising 120 homes. What distinguishes it from the broader Estate 361 family (which has 3 & 4 BHK full-scale residences and Antara Senior Living) is its compact, serviced-apartment format — purpose-built for young professionals, first-time buyers, and yield-focused investors. The township overall has a GDV of ₹9,000 crore; The Terraces Phase 1 alone carries a GDV of ₹1,200 crore.

Key Highlights

• HARERA registered: RERA No. RC/REP/HARERA/GGM/1012/744/2025/115 — legally compliant from day one of booking.
• G+38 tower, ~380 total residences across all phases — deliberately low density, not a 500-unit high-rise sardine can.
• Three configurations: 1.5 BHK (1,144 sq.ft.), 2 BHK (1,535–1,565 sq.ft.), and 2 BHK duplex loft (1,687 sq.ft.) — all built-up areas.
• 80,000+ sq.ft. dedicated amenity podium exclusively for The Terraces residents, separate from the Estate 361 Hub.
• Eight shared community terraces distributed vertically across the tower — yoga decks, rock-climbing zones, herb gardens, farm-to-table kitchens, Zen gardens.
• IGBC Platinum Pre-certified — the highest green building rating, with VRF air-conditioning, rainwater harvesting, solar energy for common areas, and on-site composting.
• Managed lease assistance by Max Estates — structured rental programme targeting 7–8% yield, nearly double the 3–4% corridor average for standard luxury apartments.
• Part of a true intergenerational township — Antara Senior Living, family residences, and retail plaza all co-exist within the same 18.23-acre estate.

Location Advantages

Sector 36A sits at the junction of three major arteries — Dwarka Expressway (NH-248BB), the Central Peripheral Road (CPR), and the future Delhi Metro corridor — placing it inside a designated Transit-Oriented Development (TOD) zone. IGI Airport is approximately 17–20 km away, achievable in 15–20 minutes via the signal-free Dwarka Expressway tunnel. Cyber City is roughly 15 km or about 30 minutes by road. The upcoming Global City (1,000-acre government-backed business district) is literally adjacent — a 2-minute drive — which is the single biggest value catalyst for this address over the next decade.

That said, be realistic. The area is still very much developing. Construction activity from multiple concurrent projects — Krisumi, M3M, and the Global City infrastructure itself — means dust, noise, and heavy vehicle movement on surrounding roads are an everyday reality through at least 2027-28. No metro station currently exists within walking distance; the nearest operational metro (Sector 55-56 on the Yellow Line) is about 25 minutes away. Road widening and internal sector roads are works-in-progress. If polished, finished neighbourhood character is your priority today, this location is not there yet.

What's Nearby — Schools, Hospitals, Malls

Amenities

Fitness & Sports: Fully equipped gymnasium/fitness centre, padel tennis court, pickleball court, cricket pitch, rock-climbing zone (terrace level), yoga deck (terrace level), indoor games area.

Water & Wellness: Swimming pool with pool bar, integrated wellness centre (diagnostics, medical-grade therapies, recovery spaces) managed by Antara — a first-of-its-kind for a residential project at this price point.

Community Terraces (8 floors): Herb garden, farm-to-table kitchen, Zen garden, tropical garden, cactus garden, Multipurpose Hall, The Forest leisure zone.

Social & Lifestyle: Restaurant, deli/bakery, co-working space within the clubhouse for hybrid workers, retail plaza (florist, pharmacy, organic grocery, optical store, pet store & crèche, laundry, salon, boutique store, ATM, smart lockers, electricity & hardware store).

Security & Technology: 24×7 on-call ambulance & emergency services, video-phone door systems, CCTV monitoring, dedicated concierge and front-of-house team, end-to-end managed maintenance.

The 80,000+ sq.ft. amenity block is dedicated exclusively to The Terraces residents — not shared with the Estate 361 premium homes tower — which is a meaningful distinction.

Price & Configuration

Note: All areas above are super built-up (SBU) as carpet area breakdowns have not been officially published by the developer at this stage. The BSP is approximately ₹23,000–24,000/sq.ft. with inaugural launch pricing reportedly at ~₹23,000/sq.ft. Floor rise charges, PLC, and parking will be over and above this. The payment plan follows a 20:20:20:40 construction-linked structure (20% at booking/within 180 days, followed by two stage payments, and 40% at possession). A 35:65 flexi option is available for select buyers. Booking amount is ₹25 lakhs.

Construction Progress

The Terraces is a brand-new launch (formally announced 13 May 2026) and construction has not yet begun in earnest beyond site preparation. HARERA registration is confirmed under No. RC/REP/HARERA/GGM/1012/744/2025/115, which gives buyers the legally required protections under Haryana RERA. The RERA-filed possession date is March 2030 — roughly 47 months from the launch date, which is a realistic timeline for a G+38 tower. The broader Estate 361 township infrastructure (roads, utilities, common areas) is in earlier stages of development. No OC or CC is applicable at this stage.

Investment Analysis

• Launch pricing at ₹23,000–24,000/sq.ft. This is a meaningful premium over the Sector 36A micro-market average (where comparable non-brand projects trade at ₹10,000–19,000/sq.ft.). You are paying a significant brand and concept premium on Day 1.
• Appreciation potential: Dwarka Expressway corridor has historically delivered 8–12% annual appreciation. With Global City adjacent and metro connectivity incoming, Sector 36A has one of the strongest structural growth narratives in NCR. Realistic medium-term (3–4 year) appreciation from launch price: 20–35%, if macro conditions hold.
• Rental yield: The managed-lease serviced format is designed to target 7–8% gross yield — significantly above the 3–4% typical of standard luxury 3/4 BHK apartments on the expressway. For investors, this makes the model closer to a REIT-lite than a traditional flat purchase.
• Competing projects: Krisumi Waterfall Residency (Sector 36A) at ~₹15,000–18,000/sq.ft.; M3M projects in Sectors 57/65 at ₹16,000–22,000/sq.ft.; DLF The Arbour Sector 63 at ₹18,000–22,000/sq.ft. The Terraces costs more per sq.ft. but offers a differentiated managed-living and wellness model that these projects do not.
• Risk note: Max Estates itself disclosed in April 2026 that real estate sales in the Delhi NCR region were impacted by geopolitical factors (West Asia war concerns) and slower project approvals. Investors should factor macro volatility into their calculations.

Pros and Cons

PROS

• HARERA registered at launch — full statutory transparency, no pre-RERA ambiguity.
• Max Estates is BSE/NSE listed — promoter-level governance and financial disclosures available publicly. This matters for post-possession trust.
• Eight dedicated community terraces across the tower is genuinely innovative — no other project in this micro-market offers this vertical community model.
• Managed lease programme with institutional-grade rental management by Max Estates — highly attractive for NRIs and investors who don't want to self-manage tenants.
• IGBC Platinum Pre-certified — lower utility bills, higher indoor air quality, and a green credential that increasingly matters to corporate tenants and resale buyers.

CONS

• Price is aggressive. At ₹23,000–24,000/sq.ft., you are paying top-of-the-market for a 1.5–2 BHK flat. The size-to-price ratio means most 2 BHK buyers are paying ₹3.5 Cr+ for roughly 1,550 sq.ft. — which is small for that budget in Gurugram's context.
• Metro connectivity is still future-tense. The proposed metro corridor along Dwarka Expressway has been "upcoming" for years. Until it's operational, daily commuters to Cyber City or Connaught Place face a car-dependent journey.
• Active construction neighbourhood. Dust, noise, and heavy traffic from multiple ongoing projects in Sectors 36A, 84, and the Global City corridor will be a livability issue for the first 2–3 years.
• Max Estates is still a relatively young residential developer (est. 2016). Their commercial portfolio is strong, but their track record on delivering large-scale residential townships within promised timelines is limited. The 2030 possession commitment should be monitored.

Who Should Buy This

Ideal for: Young working professionals or dual-income couples in Gurgaon seeking a managed, low-maintenance first home near Global City. NRI investors looking for a yield-generating, institutionally managed Delhi NCR asset without tenant-management headaches. First-time luxury buyers who want IGBC-certified, wellness-integrated living at a lower entry price than the 3 BHK units in the same Estate 361 township.

Not ideal for: Families needing 3+ BHK space — the configurations simply don't cater to that. Buyers seeking immediate possession or a fully developed neighbourhood. Anyone with a tight budget where a price correction or construction delay could create financial stress — at ₹2.4 Cr to ₹4 Cr+ with a 4-year delivery window, this is fundamentally a medium-term commitment.

FAQ — Frequently Asked Questions

Q: Is The Terraces at Estate 361 RERA registered?

A: Yes. The project is registered with HARERA under number RC/REP/HARERA/GGM/1012/744/2025/115. Buyers can verify this on the Haryana RERA portal at haryanarera.gov.in.

Q: What is the possession date for The Terraces at Estate 361?

A: The RERA-filed possession date is March 2030, approximately 47 months from the May 2026 launch.

Q: What is the price range for The Terraces at Estate 361?

A: Phase 1 prices start at ₹2.40 crore for a 1.5 BHK (1,144 sq.ft.) and go up to ₹4.10 crore+ for a 2 BHK duplex loft (1,687 sq.ft.). The base sale price is approximately ₹23,000–24,000 per sq.ft. on super built-up area, with floor rise, PLC, parking, and GST additional.

Q: What configurations are available in The Terraces?

A: Three configurations — 1.5 BHK (1,144 sq.ft.), standard 2 BHK (1,535–1,565 sq.ft.), and 2 BHK duplex loft (1,687 sq.ft.). Phase 1 has 120 residences.

Q: Is Max Estates a reliable developer?

A: Max Estates Limited is part of the Max Group (Analjit Singh-founded conglomerate) and is listed on both BSE and NSE, which provides public financial accountability. Established in 2016, they have a strong commercial portfolio in Delhi NCR (Max Towers, Max Square). Their residential delivery track record is more limited — Estate 361 is among their first large-scale residential townships — so this is a factor buyers should weigh.

Q: What is the nearest metro station to The Terraces?

A: The nearest currently operational metro is Sector 55-56 on the Yellow Line, approximately 25 minutes by road. A new metro corridor along Dwarka Expressway is proposed (with a potential stop near Sector 36A), but no operational date has been confirmed. The RRTS station is approximately 10 minutes away.

Q: Is The Terraces at Estate 361 a good investment?

A: The fundamentals are strong — TOD zone, Global City adjacency, managed lease at 7–8% projected yield, listed developer. However, the pricing is at a premium, the neighbourhood is still developing, and the metro timeline is uncertain. For investors with a 4–7 year horizon, it's a well-structured bet. For those expecting quick capital gains, the high launch price already bakes in a lot of the location premium.

Q: What is the payment plan for The Terraces?

A: The primary payment plan is a construction-linked 20:20:20:40 structure — 20% at booking (within 180 days), followed by two stage payments of 20% each, and a final 40% at possession. A 35:65 flexi plan is available for select units. Booking amount is ₹25 lakhs.

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