Man Infra Subsidiary To Develop a Luxurious Residential Project at Ghatkopar

Rutuja Kedare Jun 06, 2023 0

Man Infraconstruction Limited has announced that its subsidiary, MICL Creators LLP, has acquired the development rights for a cluster development project from ten adjoining societies in Ghatkopar. 

The project holds significant revenue potential, estimated at INR 1,200 Crore. Under this venture, MICL will undertake the development of a luxurious residential project spanning approximately 4 lakh SqFt. 

Notably, Man Infraconstruction holds a 60% partnership interest in MICL Creators. The total construction, covering an area of around 13 lakh SqFt, is expected to be completed within 3.5 to 4 years.


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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.

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