Man Infraconstruction Limited (MICL Group) has successfully completed its 19th real estate project, Aaradhya Evoq, in Juhu, Mumbai. The project was delivered in an impressive time frame of less than 2.5 years, reinforcing MICL Group’s reputation for timely execution and high standards.
Aaradhya Evoq, a luxury residential project, has already sold nearly 85% of its available residences, generating over ₹165 crores in revenue. With a total carpet area of approximately 60,000 square feet available for sale, the project is expected to generate a revenue potential of about ₹250 crores.
Shares of MICL Group surged nearly 2% following this news. As of 3:02 PM, the stock was trading 0.96% higher at ₹191.96 on the NSE, recovering from the day’s low of ₹188.61.
The Aaradhya Evoq project, located in the prestigious Juhu area, offers 3 and 4 BHK luxury residences and boasts over 21 premium amenities across 10,000 square feet. This project further highlights the growing demand for premium real estate in prime locations like Juhu, reflecting MICL Group’s continued success in the market.