Man Infraconstruction: A Contractor-Turned-Developer Daring to Dream Big

Man Infraconstruction: A Contractor-Turned-Developer Daring to Dream Big

Man Infraconstruction: A Contractor-Turned-Developer Daring to Dream Big

Amidst the shadows of skepticism, a new name emerges in the Mumbai real estate scene. Man Infraconstruction, a contractor-turned-developer, is embarking on a daring project - building India's tallest building. This 312-meter, 81-floor marvel promises to reshape the city's skyline and rewrite the narrative of the Indian construction industry. Aaradhya Avaan is the name of the new project launched at Tardeo which is likely to the tallest building in Mumbai by 2030.

Around 20 Years back Shreepati Arcade was launched in the same micro market and it was one of the tallest towers then and people had apprehension of viabilty and of course the completion time is longer, today it stands tall and yes, for a lot of Gujarati, Marwadi and Jain families of South Mumbai they are pretty close proximity to all they want from Tardeo. Marine Drive being literally 5 min drive or a 15 min leisure walk.

While some may question the audacity of such a venture, Manan Shah, the young leader of MICL, remains undeterred. He believes that his family's 50-year legacy of quality and expertise in construction gives them the foundation to succeed. Unlike established developers, MICL's unique advantage lies in their contractor roots. With zero reliance on external contractors, they aim for unparalleled execution efficiency and control over the project's quality.

Undeterred by financial concerns, Manan asserts that strong sales velocity indicators and a focus on initial investment will minimize their dependence on debt. This confident stance, coupled with the project's prime location in Tardeo, South Mumbai, fuels optimism for its success.

Despite some concerns regarding the niche market and long completion timeframe, this project offers immense potential. If successful, MICL will not only carve its name in Mumbai's real estate landscape but also inspire a renewed spirit of ambition and innovation in the industry.

Beyond the financial gains, this project embodies the spirit of dreaming big and pushing boundaries. Man Infraconstruction's journey is a testament to the power of hard work, vision, and a commitment to quality. It will be fascinating to witness the unfolding of this ambitious project and the impact it will have on the city and the industry.

The project stands as a beacon of hope, showcasing the potential for India to leave its mark on the global scene of architectural marvels. It ignites the imagination and inspires us to believe that anything is possible with unwavering determination and a dash of daring ambition.

 
About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/