MICL Group launches ultra-luxury residential project Marina Vista at Pali Hall, achieves 30% pre-sales commitment

Man Infraconstruction Limited ("MICL Group"), one of the leading real estate developers, is pleased to announce the launch of Marina Vista, its ultra-luxury residential project located in Pali Hill in Bandra (West), Mumbai.

Commenting on the development, Mr. Manan Shah, Managing Director of MICL Group, said, "Marina Vista project at Pali Hill, Mumbai has opened to a response that speaks for itself. It reflects the constant demand that Bandra (West) commands as one of Mumbai's most coveted residential micro-markets, and continues to draw the city's most discerning buyers. Within a short-span of receiving its RERA registration in June 2026, Marina Vista project received an overwhelming launch response that signals the strength of demand for the address.

The project having estimated Gross Development Value (GDV) of over Rs. 500 crores, has achieved 30% sales in pre-sales commitment at launch reaffirms that. We intend to carry this strong sales momentum going forward. The confidence that homebuyers are placing in Marina Vista is a reflection of the trust they place in the MICL brand, and it strengthens our position across Mumbai's most prime locations."

Marina Vista, one of Bandra's most storied addresses on the fringes of Pali Hill, widely regarded as part of Mumbai's billionaire's row. The site stands fully vacated, and construction of this ultra-luxury development is now underway. Marina Vista is being undertaken through Atmosphere Homes LLP, an associate entity of MICL Group.

Shares of Man Infraconstruction Limited was last trading in BSE at Rs. 113.76 as compared to the previous close of Rs. 113.32. The total number of shares traded during the day was 198439 in over 1471 trades.

The stock hit an intraday high of Rs. 117.21 and intraday low of 112.15. The net turnover during the day was Rs. 22982641.00.

Source : Equity Bulls

Keywords

ManInfraconstruction INE949H01023 MICLGroup UltraLuxury ResidentialProject MarinaVista PaliHall PreSalesCommitment