Home Business Man Infra is set to launch its highly anticipated project Vile Parle | Capital market news

Man Infra is set to launch its highly anticipated project Vile Parle | Capital market news

by Ahmed Naveed
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Man Infraconstruction has announced the successful acquisition of the Commencement Certificate (CC) for its much-anticipated Vile Parle project. This key milestone paves the way for the official launch of the project, which is expected to take place soon after obtaining the necessary RERA approvals.

Located on Swami Vivekanand (SV) Road, the project provides excellent connectivity to nearby schools, colleges, hospitals, railway stations, airports, beaches and entertainment centers. This is the first cluster development of Vile Parle West and yet another successful cluster development by the MICL Group.

The Vile Parle project is spread over 3 acres and comprises 10 residential towers of 15 floors each. It offers a total carpet area for sale of approximately 3.5 lakh sq ft, comprising of 2 BHK, 3 BHK and 4 BHK premium residential spaces. The project has an estimated total sales potential of over ₹1,200 crore. The project is being executed through a JV entity of the MICL group under an asset-light development management (DM) model.

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First publication: October 1, 2024 | 5:48 p.m. STI

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