MICL Group 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.
The project has a total construction area of approximately 5.0 lakh square feet and offers a RERA carpet area of around 1.5 lakh square feet for sale.
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.
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