November 19, 2025
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MICL Group

Article MICL Group

MICL reports jump in net profit of 33% YoY for 9mFY24 along with increasing its footprint in the ultra-luxurious segment of its real estate portfolio in Mumbai

Man Infraconstruction Limited (‘MICL’), headquartered in Mumbai, a leading construction company and a pioneer name in real estate development, announced its results for the period of Q3FY24 and 9mFY24. Q3FY24 and 9mFY24 Highlights • fund raising of Rs. 543 crore via preferential issue of Warrants and the company has received 25% of the allotment money

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Article MICL Group

The rise of luxury in real estate – A glimpse into 2024 by Mr. Manan P. Shah, Managing Director, MICL Group

Luxury real estate is transforming, echoing high-end hospitality. A notable shift is the blending of culturally enriched experiences and local heritage with global design. A ‘cultural fusion’ style of diverse cultural elements has converged, creating residences that embody luxury and cultural richness. Luxury housing is surging, driven by rising disposable income. As Colliers India notes

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Article MICL Group

Redevelopment taking a turn as Up-development By Mr. Manan Shah, Managing Director – MICL Group

Mumbai, often referred to as the “City of Dreams,” is undergoing a transformative journey that is changing the skyline and face of its real estate sector. With limited available land and a burgeoning population, the redevelopment of buildings has emerged as a strategic solution to accommodate the city’s growing housing demands while providing numerous benefits

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