Man Infraconstruction Limited (MICL Group) one of the leading names in the luxury residential real estate market, has announced a significant milestone in the Aaradhya OnePark project, achieving ~50% sales within just six months of its launch in January 2024. This rapid success underlines the good market demand for luxurious residences in Mumbai.
Aaradhya OnePark, located on the prestigious 60 ft. Road in Ghatkopar East, Mumbai offers an uber-luxurious living experience with meticulously designed 3, 4, and 5 BHK residences. The project boasts 50 lifestyle amenities, making it an unparalleled choice for discerning buyers. Its strategic location, superior construction quality, and exceptional amenities have driven remarkable sales performance.
MICL Group is poised to make a monumental impact on Mumbai's real estate market with an impressive launch pipeline for FY25. The company is preparing to introduce a series of Luxury projects across some of the city's most coveted locations, including Pali Hill, BKC, Vile Parle and Marine Lines. These strategic launches are set to further solidify MICL Group's dominance and elevate its presence throughout Mumbai City.
Manan Shah, Managing Director of MICL Group, expressed his delight at this achievement: "We are thrilled to have reached a significant sales milestone at Aaradhya OnePark in such a short time. This success is a testament to the trust our customers place in MICL Group and our commitment to delivering premium residential projects. MICL Group remains committed to delivering on its promises and setting new benchmarks in the real estate industry with its new projects planned in FY25."
Shares of Man Infraconstruction Limited was last trading in BSE at Rs. 207.80 as compared to the previous close of Rs. 213.05. The total number of shares traded during the day was 242430 in over 4491 trades.
The stock hit an intraday high of Rs. 218.70 and intraday low of 204.95. The net turnover during the day was Rs. 51514359.00.