Ghatkopar's Aaradhya OnePark: Man Infraconstruction's ₹1,200 Crore Dream

Man Infraconstruction Ltd experienced a notable uptick of 5.27 percent in its shares subsequent to the revelation of its latest undertaking, 'Aaradhya OnePark,' featuring residential units in the vibrant locality of Ghatkopar East, Mumbai. The company envisions generating a substantial sales revenue of Rs 1,200 crore over the forthcoming four years through this venture.

Spanning an impressive carpet area of 4 lakh sq ft, the project has diligently secured all essential approvals, including the Intimation of Disapproval (IOD), Commencement Certificate (CC), Aviation Authorities Clearance, and the Maha RERA registration certificate.

Expressing contentment with the ongoing developments, a spokesperson conveyed, "We are pleased to announce the receipt of approvals from the pertinent authorities. Construction activities at the site have commenced and will adhere to the predetermined timelines. The introduction of Aaradhya OnePark signifies a momentous achievement in our pursuit of becoming the favored luxury real estate developers in Mumbai."

The favorable market response to the surge in Man Infraconstruction Ltd's shares underscores investor confidence in the company's strategic expansion and the envisaged success of the 'Aaradhya OnePark' project within the dynamic real estate landscape of Mumbai.

News by Rahul Yelligetti