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hitachi energy india ltd
Man Infra acquires ultra-luxury sea-view residential development project in Bandra, Mumbai
May 18,2026

Man Infraconstruction announced the acquisition of an ultra-luxury sea-view residential development located off Bandstand, Bandra West, Mumbai. This acquisition further strengthens MICL Group's presence in one of Mumbai's most prestigious and tightly held residential micro-markets.

Strategically located off Bandstand, Bandra West, the newly acquired project is expected to have an estimated GDV of Rs 1,000+ crore and will be positioned as ‘The One & Only' within our MS Collection Residences vertical — a boutique sea-view residential offering catering to the premium luxury segment.

With this addition, MICL Group's total real estate portfolio now stands at an estimated GDV of over Rs 18,575+ crores, while the launch pipeline for FY27 has expanded to nearly Rs 6,600+ crores — the largest launch pipeline in the Company's history.

MICL Group shall hold ~70% stake in the newly acquired off-Bandstand, Bandra West project.