Man Infraconstruction Limited announced the acquisition of a prime redevelopment project at Bandra Kurla Complex (BKC). The project marks MICL's strategic move into premium redevelopment projects in sought-after locations. This prestigious project of MICL Group is a redevelopment of Artek Co-operative Housing Society Limited (Society), in Kalanagar area situated at BKC.

BKC, known for hosting a number of multinational corporations, financial institutions, and government offices, is attracting many professionals, entrepreneurs, and investors looking for a premium location to live near their workplace. BKC has transformed into a vibrant residential area, offering a unique and luxurious lifestyle. As demand for high-end homes in Mumbai continues to grow, BKC stands out for its perfect blend of residential living and business prowess.

This project's strategic location is set to make it a landmark in Mumbai's foremost commercial district. The project has a total construction area of approximately 5.0 million square feet and offers a RERA carpet area of around 1.5 million square feet for sale. With a proven track record of delivering all its 16 projects before time, MICL group intends to deliver this project in a span of 3 years from the launch date.

Man Infraconstruction Limited holds 34% stake in the project. The project will be undertaken in one of its associate entity, 'Arhan Homes LLP'. The construction of the property will be executed by Man Infraconstruction Limited.