Stock Report

MICL Group Launches 'Aaradhya OnePark': Unveiling Uber-Luxurious Residences in Ghatkopar East, Mumbai



Posted On : 2024-01-29 12:55:18( TIMEZONE : IST )

MICL Group Launches 'Aaradhya OnePark': Unveiling Uber-Luxurious Residences in Ghatkopar East, Mumbai

Commenting on this development, Mr. Manan P. Shah, Managing Director said, "We are very delighted to have received all the approvals from the concerned authorities including the:

- Intimation of Disapproval (IOD),
- Commencement Certificate (CC),
- Clearance from Aviation Authorities and
- MahaRERA registration certificate

The construction work at the site has been commenced and shall be executed as per the scheduled timelines. The launch of Aaradhya OnePark marks a significant milestone in our journey towards becoming the preferred luxurious real estate developers in Mumbai."

Aaradhya OnePark introduces the Innovative Community Living Concept, offering ultra-luxurious residences in 3 BHK, 4 BHK and 5 BHK configuration as well as featuring 50+ lifestyle amenities. This expansive project spans across 12,000+ square meter gated community of 10 societies, located at Ratilal B. Mehta Road (60 Feet Road), Ghatkopar (East), Mumbai.

MICL Group expects strong sales momentum for the project and expects to generate revenue of Rs. 1,200 crore in next 4 years from this project."

Shares of Man Infraconstruction Limited was last trading in BSE at Rs. 225.90 as compared to the previous close of Rs. 224.00. The total number of shares traded during the day was 65211 in over 1422 trades.

The stock hit an intraday high of Rs. 229.00 and intraday low of 223.75. The net turnover during the day was Rs. 14773056.00.

Source : Equity Bulls

Keywords

ManInfraconstruction INE949H01023 MICLGroup AaradhyaOnePark GhatkoparEast Mumbai UberLuxuriousResidences