"MICL Secures Approval for Residential Project in Ghatkopar"

In a recent regulatory filing, Man Infraconstruction Ltd revealed a significant milestone as the MICL Group obtained the Commencement Certificate (CC) for its high-end residential project situated in Ghatkopar East, Mumbai.

Managing Director of Man Infraconstruction Ltd, Manan P. Shah, expressed enthusiasm about this achievement, stating, "MICL Group is excited and gearing up to launch the project, anticipated to take place in the fourth quarter of the financial year 2023-24." Shah further highlighted the substantial impact on the company's financial outlook, noting, "The company is expected to generate revenue of ₹1,200 crore in the next 4 years from this project."

This development marks a significant step forward for MICL Group, signaling the green light for the commencement of its UberLuxurious Residential Project in one of Mumbai's prime locations. The impending launch is poised to contribute not only to the local real estate landscape but also to the overall financial success of Man Infraconstruction Ltd.

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