Man Infraconstruction acquired a prime redevelopment project at the Bandra Kurla Complex (BKC), Mumbai. The project aims to revitalize Artek Co-operative Housing Society Ltd in the Kalanagar area at BKC.
The project encompasses a total construction space of about 5 Lakh-SqFt with a RERA carpet area of around 1.5 Lakh-SqFt. The MICL Group intends to complete and execute this project within 3 years after its launch date. Man Infraconstruction will construct this project with a 34% stake. Meanwhile, Arhan Homes LLP, the associated entity, will carry out the redevelopment.
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The project aligns with the company’s vision of strengthening its presence in the Mumbai region by creating iconic developments that offer a superior living experience, said Manan P. Shah, Managing Director of MICL Group.
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