Man Infraconstruction (MICL) Group is planning to develop one of the largest redevelopments in western suburbs of Mumbai city. This landmark project has potential to offer carpet area for sale of 1.7 million sq. ft. area and is expected to generate total revenue of more than Rs 4,000 crore. The latest addition of the project will expand MICL Group’s Real Estate Portfolio from 4.6 million sq. ft. to 6.3 million sq. ft. of carpet area.
The project having total construction area of over 50 lakh sq. ft. is likely to be undertaken by Man Infraconstruction which is expected to be completed within 5 to 6 years of time. This acquisition is aligned with its asset-light strategy and will strengthen its financial position in the years to come.
Man Infraconstruction is an India-based company engaged in the business of civil construction. The company’s operations consist of construction / project activities/real estate activities.
