ABOUT MICL GROUP

A Leading Real Estate Developer in Mumbai

MICL Group roots date back to the year 1964, epitomised on a lineage spanning 5 decades of experience, trust and holistic growth. Over the years we have built some of the most challenging and exceptional projects across India. A meticulously planned diversification across industry verticals like Ports infrastructure, Residential townships, Commercial projects, Institutions – Hospitals, Industrial – IT projects & Futuristic Lifestyle houses. What sets us apart is our before time delivery of projects, which reinforces our customers trust & faith in MICL Group.

We have a strong lineage of construction for some high profile projects like the Nhava Sheva International Container Terminal at Jawaharlal Nehru Port Terminal, Navi Mumbai which came into existence in the year 1997.

Therefore, the affluent construction experience and the trust that we have built across the years with our customers has given us the confidence to venture into construction of residential projects in Mumbai. Consequently, we have successfully delivered 2.5 million square feet of constructed property across various conurbations of Mumbai which has dominated the hearts of our customers and provided them the thrill of dwelling in an upscale property at affordable prices.

Other construction jewels which add tons of credibility to our repute are the ports named Mundra Port, Chennai Port, Vallarpadam Port and the Pipavav Port. Additionally, we have also created ripples in the construction sector by constructing the tallest tower in the developing locations of West Mumbai which comprises of 3 Residential towers which are primarily a 55 storied building.

VISION

To become the most credible real estate wealth creators while crafting bespoke properties for India and the world.

Mission

By being the lifestyle creators

The aim is to use the expertise and experience in the infrastructure sector to build economic, user-friendly structures. To introduce the latest upgrades for a better living experience, everything that goes into making a home is entirely handpicked. MICL builds homes to enjoy and thrive in.

Through incessant research and exhaustive processes to ensure the highest standards of quality

Right from conceptualization to design to construction to delivery, it’s important that the project’s vision and execution remain consistent with the brand’s vision. It is with a planned approach towards every project that MICL has earned the recognition of ‘The Possession Specialist.’

By being an integral part of the community

With each project and location, the belief is to lay down roots that run deep – to be an integrated part of the community.

By being selective about the partners, and projects MICL works on

A rigorous evaluation process to ensure zero compromises with the quality.

Values

Happiness for all: The highest level of success
Customer Centric – We Build for You
A Legacy built on Trust & Transparency
MICL is passionate about Innovation
– Starting with the customer and working towards
the product
Expertise through Multi-Level Processing to offer the
very best quality
Responsibility demonstrated by actions

Timeline

“MICL Group is renowned to have delivered all its projects before time. Trust is thus imprinted in the minds of our customers forever.”

2022
2021
2020
2019
2018
2017
2016
2014
2013
2012
2010
2008
2006
2004
2003
2002
1997
1991
1964

Launch of Uber Luxury Project, Aaradhya Evoq, Juhu

Completion & handover of the prestigious Aaradhya Eastwind, Vikhroli & Aaradhya HighPark Phase 1.
Launch Aaradhya Parkwood
Man Infraconstruction wins LoA worth Rs 402 cr in April 22

Launch of Luxury Project, Insignia, Vile Parl

Launch of Luxury Project, Insignia, Vile Parle, in collaboration with Chandak and Shreepati Group

Launch of premium Ghatkopar project Aaradhya One Earth

Launch Of International Division of the Real Estate Division. MICL Global

‘Atmosphere’ and ‘Aaradhya Nine’

Completed two premium Residential Development projects ‘Atmosphere’ and ‘Aaradhya Nine’ before the scheduled delivery date

Pradhan Mantri Awas Yojna (PMAY)

Received two work orders worth Rs. 220 crore for constructing residential units under the Pradhan Mantri Awas Yojna (PMAY) Housing Scheme in Pune

Completed the port work for Nhava Sheva Terminal 4 – Phase 1 in a tight schedule of 24 months; value of work executed by the end of project was Rs. 865 crore

Aaradhya Nine

Launched a premium mid-sized Residential Development project ‘Aaradhya Nine’ in Ghatkopar East, Mumbai. Received an overwhelming response in pre-launch, sold about 60% apartments in pre-launch

Received Large Port

Received large port order worth Rs. 751 crore from BMCT, a wholly owned subsidiary of Port of Singapore Authority (PSA) for execution of Nhava Sheva Terminal 4 – Phase 1 at JNPT, Navi Mumbai

Aaradhya Atmosphere

Launched its first mega Real Estate Project ‘Atmosphere’ in 2014 in partnership with The Wadhwa Group and Chandak Developers.

Mr. Manan Shah Joins Company

Mr. Manan Shah (son of Mr. Parag Shah) joins the Company with a passion for Real estate

Award from TATA Housing for Business Excellence

Received prestigious Award from TATA Housing for Business Excellence in the ‘Organizational Business Partnering’ category, 2012 –  Ventured into Real Estate Development with first Residential Development project ‘Aaradhya Tower’ in Ghatkopar, Mumbai

Listed in NSE/BSE

Entered the capital markets with an IPO and were subsequently listed on the NSE and the BSE in March 2010; IPO was oversubscribed by over 60 times

Awarded the prestigious Government residential project

Awarded the prestigious Government residential project by Pimpri Chinchwad Municipal Corporation under EWS scheme

Two PE investors, Standard Chartered and Sabre Abraaj acquire 16% stake in Company

Aaradhya Saphalya

Secured two landmark projects – executed using MIVAN technology

  • One of the largest township under Slum Rehab Scheme in Mumbai
  • A residential complex, ‘Orchid Woods’ comprising of three towers of 55 storey – One of the tallest structures in western suburbs of Mumbai

Name of the Company was changed to Man Infraconstruction Limited to reflect the change in the primary business focus of the Company

Received Another port infrastructure project

Received yet another port infrastructure project for GTI from AP Moller Group, catapulting the company as a key private port developer in the country – associated with 5 major ports in India

Bagged second major port infrastructure project

Bagged second major port infrastructure project for construction of CFS at Mundra Port, Gujarat

Contracted for a major residential project housing a self-contained township at Mundra, Gujarat

Man Construction Private Limited

Man Construction Private Limited was incorporated in 2002

Bagged contract the first international private construction

Bagged contract for constructing the first international private 1997 port in India for P&O Ports (Now DP World) at Nhava Sheva, Navi Mumbai

Mr. Parag Shah Joins Company

Mr. Parag Shah (son of Mr. Kishore Shah) joins the business with professional insights and expertise

Foundation

Started by Mr. Kishore Shah as a partnership firm engaged in industrial contract works

Awards

MICL Group has been awarded nine times for its varous performances in the development sector

Maharashtra Bal Stamth Award

Maharashtra’s Pillar of strength
2022

Times of India

Iconic Young Achiever
2021

Economics Times

Best Brands 2021
2021

Reality Lion Awards

Most Promising Delivery
2019

Construction World

Top Challenger of the Year
2017

ICI & Ultratech Cement

Outstanding Concrete Structure of Vidarbha
2014

National Safety Council

Best Safety Practices
2014

TATA Housing

Best Business Partner
2012

INC 500

Business Excellence Award
2012

Team

The team that leads the way

Mr. Parag Shah

Chairman Emeritus

Mr. Manan Shah

Managing Director

Mr. Suketu Shah

Joint Managing Director

Mr. Ashok Mehta

Director & CFO