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Non Banking Financial Company (NBFC)
New Launch2 Dec 2024, 03:29 pm

MIIL Group Acquires Luxurious Residential Project at Goregaon (west) for 220 Millions

AI Summary

Meghna Infracon Infrastructure Limited, also known as MIIL Group, has announced the launch and Bhoomi Poojan of a new residential project named 'RIVIERA' located at Goregaon (west), Mumbai. This strategic move marks MIIL's entry into the premium luxury real estate space in Mumbai. The project, which is being executed by 'Meghna Aakar Constructions', a subsidiary entity of MIIL, has a total construction built-up area of about thirty thousand sqft and a total estimated sale potential of over 220 Millions. The project is located at a prime location in Goregaon (west), offering excellent connectivity to nearby schools, colleges, hospitals, railway stations, and entertainment hubs. The construction work has commenced and is expected to be completed as per the scheduled timelines.

Key Highlights

  • MIIL Group launches a new residential project 'RIVIERA' in Goregaon (west), Mumbai.
  • The project has a total construction built-up area of about thirty thousand sqft and a total estimated sale potential of over 220 Millions.
  • The project is being executed by 'Meghna Aakar Constructions', a subsidiary entity of MIIL, in which MIIL holds 95% stake.
  • The project is located at a prime location in Goregaon (west), offering excellent connectivity.
  • The construction work has commenced and is expected to be completed as per the scheduled timelines.
NAYSAA
Non Banking Financial Company (NBFC)
Naysaa Securities Ltd

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