BSECompany Update5d ago · 10 Aug 2026, 12:45 pm
Please find enclosed Press Release titled ''MICL Group secures IOA for Ultra-Luxury sea-view development with Rs. 1000+ Crore GDV off Bandstand, Bandra West, Mumbai.
Man Infraconstruction Ltd · 533169
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Man Infraconstruction Ltd secured the Intimation of Approval (IOA) for its ultra-luxury sea-view residential development located off Bandstand, Bandra West, Mumbai, with a Gross Development Value (GDV) of ₹1,000+ crores.
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Growth Catalyst9/10
Governance Concern1/10
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Man Infraconstruction Ltd - 533169 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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EPC REAL ESTATE
MAN INFRACONSTRUCTION LIMITED
(CIN: L70200MH2002PLC136849)
Date: August 10, 2026
To, To,
The Listing Department The Corporate Relationship Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, P. J. Towers, Dalal Street,
Bandra (East), Mumbai - 400 051 Mumbai - 400 001
Symbol: MANINFRA Scrip Code: 533169
Sub.: Press Release - Disclosure under Regulation 30 of the SEBI (Listing Obligation and
Disclosure Requirements) Regulations, 2015
Dear Madam/ Sir,
Pursuant to Regulatiqn 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith Press Release titled "MICL group secures
IOA for ultra-luxury sea-view development with ~ 1,000+ crore GDV off Bandstand, Bandra
West, Mumbai".
The copy of the same is enclosed herewith for your records. The same will also be placed on
the Company's website.
Kindly take the same on records.
Thanking you,
Yours faithfully,
For Man Infraconstruction Limited
Durgesh Dingankar
Company Secretary
Membership No.: F7007
Encl.: As above
L I E B E T T E R
12'h Floor, Krushal Commer~ial Compl.ex, G.M. Road, Chem bur (West), Mumbai - 400 089, India ~~
II +9122 4246 3999 I Ii off1ce@marnnfra.com I IJ www.miclgroup.com I www.maninfra.com fij~
MAN INFRACONSTRUCTION LIMITED
(CIN: L70200MH2002PLC136849)
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MAN INFRACONSTRUCTION LIMITED
(CIN: L70200MH2002PLC136849)
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MAN INFRACONSTRUCTION LIMITED
(CIN: L70200MH2002PLC136849)
P R E S S R E L E A S E
MICL GROUP SECURES IOA FOR
ULTRA-LUXURY SEA-VIEW DEVELOPMENT
WITH ₹1,000+ CRORE GDV OFF BANDSTAND,
BANDRA WEST, MUMBAI
Mumbai, 10th August 2026: Man Infraconstruction Limited (“MICL Group”) is
pleased to announce that it has secured the Intimation of Approval (IOA) for its
ultra-luxury sea-view residential development located off Bandstand, Bandra
West, Mumbai.
Commenting on the development, Mr. Manan Shah, Managing Director,
MICL Group, said: “This approval marks a key development milestone for MICL
Group and advances our third residential development in Bandra. The IOA
enables us to progress towards the vacation of the existing premises,
preparation for demolition and securing the requisite approvals ahead of the
project launch.
The development will be named — ‘Berkeley House’ (The One & Only) within
our MS Collection Residences vertical — a boutique sea-view residential offering
catering to the premium luxury segment. We expect Berkley House to soon
enter the market, further building momentum for our Bandra portfolio. We
remain confident of launching the project in FY27, as guided earlier.
Bandra continues to witness constant end-user demand and remains one of
Mumbai’s most aspirational residential destinations. With limited availability of
quality residential developments at coveted locations, the micro-market
continues to command premium pricing and demonstrate resilience.
Our Bandra portfolio represents a combined Gross Development Value
(GDV) of ₹2,350+ crores, comprising Artek Park at Bandra Kurla Complex
(BKC), our newly launched project at Pali Hill, Bandra West, which has received
an overwhelming response, and our latest addition ‘Berkeley House’, off
Bandstand, Bandra West.
We will continue to pursue opportunities in marquee locations across the
micro-market, further deepening our presence and strengthening the MICL
brand”
MICL Group holds approximately 70% stake in the newly acquired project –
Berkeley House, off Bandstand, Bandra West project.
12th Floor, Krushal Commercial Complex, G.M. Road, Chembur (West), Mumbai - 400 089, India
T +91 22 4246 3999 E office@maninfra.com W www.miclgroup.com | www.maninfra.com
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MAN INFRACONSTRUCTION LIMITED
(CIN: L70200MH2002PLC136849)
CONTACT DETAILS:
MAN INFRACONSTRUCTION LIMITED
Mr. Yashesh Parekh Email : yashesh@maninfra.com
D.G.M. – Investor Relations & Mob : +91 8108321555
Corporate Finance Website : www.maninfra.com
ABOUT
ABOUT MAN INFRACONSTRUCTION LIMITED
ManInfra (NSE - MANINFRA, BSE – 533169) is headquartered in Mumbai having two business verticals
viz., EPC (Engineering, Procurement and Construction) and Real Estate Development. ManInfra has six
decades of experience in EPC business and strong execution capabilities in Ports, Residential,
Commercial & Industrial and Road construction segments with projects spanning across India. As a
Real Estate Developer, ManInfra Group has delivered multiple Residential projects in Mumbai and is
recognized for its superior quality construction and timely project delivery. The Company has extensive
experience in construction management and has inherent skills and resources to develop and deliver
Real estate projects. For more information, please visit www.maninfra.com
SAFE HARBOR:
Any forward-looking statements about expected future events, financial and operating results of the
Company are based on certain assumptions which the Company does not guarantee the fulfilment of.
These statements are subject to risks and uncertainties. Actual results might differ substantially or
materially from those expressed or implied. Important developments that could affect the Company’s
operations include a downtrend in the industry, global or domestic or both, significant changes in
political and economic environment in India or key markets abroad, tax laws, litigation, labour relations,
exchange rate fluctuations, technological changes, investment and business income, cash flow
projections, interest, and other costs. The Company does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after the date thereof.
Enquiry: sales@miclgroup.in