Man Infraconstruction (MICL Group) has acquired an ultra-luxury sea-view residential development project located off Bandstand, Bandra West, Mumbai. This acquisition further strengthens MICL Group’s presence in one of Mumbai’s most prestigious and tightly held residential micro-markets. Strategically located off Bandstand, Bandra West, the newly acquired project is expected to have an estimated GDV of over Rs 1,000 crore and will be positioned as ‘The One & Only’ within our MS Collection Residences vertical--a boutique sea-view residential offering catering to the premium luxury segment.
Bandra continues to remain one of Mumbai’s most aspirational and supply-constrained residential destinations, supported by sustained end-user demand and strong pricing resilience. Spread across a plot area of over 30,000 sq. ft., the project has applied for its IOD and is currently progressing through the approval process ahead of launch.
With this addition, MICL Group’s total real estate portfolio now stands at an estimated GDV of over Rs 18,575 crore, while the launch pipeline for FY27 has expanded to nearly Rs 6,600 crore - the largest launch pipeline in the company’s history. MICL Group shall hold around 70% stake in the newly acquired off-Bandstand, Bandra West project.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4050.20 |
| Rail Vikas Nigam | 233.25 |
| NCC | 151.55 |
| KEC International | 504.30 |
| Kalpataru Projects | 1302.50 |
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