MIIL GROUP acquires another Residential Project at premium location of Goregaon West

Meghna Infracon Infrastructure Limited, is an emerging name in the real-estate industry we proudly announce launch and Bhoomi Poojan of New Residential Project named "RIVIERA" located at Goregaon (west), Mumbai. The project marks MIIL's strategic move into the space premium of Luxury real estate in Mumbai.

Located on Prime Location of Goregaon (West) the project offers excellent connectivity to nearby schools, colleges, hospitals, railway station, and entertainment hubs.

The project has a total construction Built up area of about Thirty Thousand Sqft, with total estimated sale potential of over X220 Millions. The project is executed through "Meghna Aakar Constructions", a Subsidiary entity of Meghna Infracon Infrastructure Limited,in which 95% stake is hold by MIIL.

Commenting on the development, Mr.Vikram Jayantilal Lodha, Managing Director of MIIL Group,Said "The launch of "RIVIERA" marks steping a significant milestone in our journey towards becoming the preferred luxurious real estate developers in Mumbai. The construction work at the site has been commenced and shall be executed as per the scheduled timelines. With the launch of "RIVIERA" we introduced innovative community living concept offering residence in 1 and 2 BHK along located at prime area of Goregaon west."

Shares of Meghna Infracon Infrastructure Limited was last trading in BSE at Rs. 681.95 as compared to the previous close of Rs. 653.00. The total number of shares traded during the day was 34341 in over 359 trades.

The stock hit an intraday high of Rs. 689.95 and intraday low of 653.25. The net turnover during the day was Rs. 23094784.00.

Source : Equity Bulls

Keywords

INE898Q01015 MeghnaInfraconInfrastructure Residential Commercial Projects BhoomiPoojan NewResidentialProject RIVIERA GoregaonWest