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Man Infraconstruction Ltd Industry :  Construction
BSE Code
533169
ISIN Demat
INE949H01023
Book Value (Rs)
50.8926868
NSE Symbol
MANINFRA
Divident Yield %
0.64
Market Cap
(Rs In Cr.)
5,260
P/E (TTM)
32.74
EPS (TTM)
3.98
Face Value
(Rs)
2
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Man Infra secures redevelopment project in South Mumbai
29-Apr-26   Hrs IST

Man Infraconstruction announced the acquisition of development rights of Tardeo Court CHS & Tardeo Apartments CHS and outright purchase of Sethna House located at Tardeo in South Mumbai under the Cluster Redevelopment scheme 33(9).

The new acquisition, “Tardeo 2.0” comprising approximately 46,000+ sq. ft. of plot area is strategically located along South Mumbai's celebrated Billionaires' address, which will elevate the group's ultra-luxury portfolio.

The proposed development has an estimated sales potential exceeding Rs 2,000 crore over the next 4-5 years.

The Aaradhya Avaan project at Tardeo, the Tardeo 2.0 project, and the Marine Lines development; these three marquee South Mumbai projects together represent an estimated sales potential exceeding Rs 8,000 crore.

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