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Private Sector | Maharashtra - India | PID: 202693
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Man Infraconstruction (MICL) has bagged an ultra-luxurious project near Marine Lines in South Mumbai, Maharashtra. It is expected to generate a revenue of over Rs 2,100 crore.
The project is expected to exceed 800 ft. in height and will feature ultra-luxurious amenities, setting a new standard for lifestyle and living. The firm intends to deliver this project in a span of five years from the launch date. The project has a total construction area of approx. 22 lakh sq. ft. offering a RERA carpet area of around 5.3 lakh sq. ft. for sale.
Tthe company will execute the project under its asset-light development management (DM) model, and has secured a letter of intent (LoI) from Shreepati Zaoba Housing for the same. Notably, this marks MICL Group’s second venture into residential projects in South Mumbai, following the launch of its first project, ‘Aaradhya Avaan’ at Tardeo, which would be among the tallest towers in the country, surpassing 1,000 ft. in height.
Man Infraconstruction has two business verticals - construction and real estate development. It is an integrated engineering, procurement and construction (EPC) company with execution capabilities in port, residential, commercial & industrial and road construction segments, with projects spanning across the country.
| Updated on: 01 - Apr - 2024
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