MICL Group delivers 'Aaradhya OneEarth' project measuring ~5 lakh sq. feet of carpet area located in Ghatkopar East, Mumbai

MICL Group has delivered 'Aaradhya OneEarth' project measuring ~5 lakh sq. feet of carpet area located in Ghatkopar East, Mumbai, well before given timeline .

Commenting on this development, Mr. Manan P. Shah, Managing Director said, "We are happy to announce to have received an Occupancy certificate (OC) for our remaining residential towers in 'Aaradhya OneEarth' project located at Ghatkopar East, Mumbai. We had already received OC for our 1st 4 sale towers in the last financial year. This is a significant achievement for the company to deliver the project in less than 3.5 years of time since its launch in September-2020. The towers were delivered at least 1 to 1.5 years before the committed date.

We are also excited to inform our shareholders that the project is nearly 90% sold out. The project which was launched on September-2020, comprised 5 lakh sq. ft. carpet area for sale and around 14 lakh sq. ft. construction area.

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 AaradhyaOneEarth Delivery GhatkoparEast Mumbai