Max Estates has introduced 'The Terraces' in Gurugram, where 1.5 BHK apartments are priced from ₹2.4 crore (approximately $290,000 USD). This project is part of the larger Estate 361, which spans 18.23 acres and has a gross development value of ₹9,000 crore. The focus is shifting from large apartments to smaller, lifestyle-driven homes featuring shared amenities such as yoga terraces, wellness spaces, and community interaction areas. This trend caters to young professionals and NRIs who prioritize convenience and community over square footage. The Terraces will offer over 80,000 sq ft of wellness-focused amenities, including fitness spaces and a two-acre urban forest. Gurugram's luxury housing market has seen significant price appreciation due to high demand and limited supply, making even compact apartments increasingly expensive. Sahil Vachani, Vice Chairman & Managing Director of Max Estates, emphasizes that the project aims to enhance residents' quality of life by integrating leisure and community into their living environment.