Man Infraconstruction's Marina Vista Achieves 30% Pre-Sales Commitment at Launch in Pali Hill
Man Infraconstruction Limited (MICL Group) has announced the launch of its ultra-luxury residential project, Marina Vista, located in Pali Hill, Bandra (West), Mumbai. The new development has garnered an overwhelming response since its launch, achieving a 30% pre-sales commitment.Marina Vista is situated in Pali Hill, one of Bandra's distinguished addresses and is being undertaken through Atmosphere Homes LLP, an associate entity of the MICL Group. With the site fully vacated, construction of this ultra-luxury development has commenced.
The project holds an estimated Gross Development Value (GDV) exceeding Rs. 500 crores. The strong initial sales performance confirms the demand for such high-end properties in Bandra (West), a coveted residential micro market in Mumbai.
Mr. Manan Shah, Managing Director of MICL Group, commented on the project's reception. He stated that Marina Vista reflects the constant demand commanded by Bandra (West) and signals the strength of buyer interest for the address. He added that the confidence shown by homebuyers is a reflection of the trust placed in the MICL brand.
MICL Group, recognized as one of the leading real estate developers, operates with two business verticals: EPC (Engineering, Procurement and Construction) and Real Estate Development. The company possesses six decades of experience in the EPC sector and holds strong execution capabilities across Residential, Commercial, Industrial, Port, and Road construction segments nationwide. As a Real Estate Developer, ManInfra Group is noted for delivering residential projects with superior quality construction and timely delivery in Mumbai.
Stock Price Movement
As of 12:52, shares of Man Infraconstruction Ltd are ticking up, currently trading at ₹115.80, which represents a strong 2.19% gain. The stock has seen intraday movement within the range of ₹113.32 to ₹117.21.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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