Man Infraconstruction advanced 2.35% to Rs 45.80 after the company said its joint venture is launching a real estate development project in Mumbai.
Man Infraconstruction through its joint venture (JV) entity, Man Chandak Realty, is launching a real estate development project having total saleable area of approx. 3,50,000 square feet at Vile Parle (West), Mumbai under the Development Management Model . The project will be developed in two phases and Phase-I of the project will be launched in the name of Insignia . The announcement was made during market hours today, 12 March 2021.
Meanwhile, Man Infrasconstruction on Tuesday, announced that the Bombay High Court has disposed-off the review petition filed by the Government of Maharashtra, related to a project involving subsidiary Manaj Tollway (MTPL).
Man Infraconstruction through its JV entity, Man Chandak Realty LLP, is launching a real estate development Project having total saleable area of approx. 350,000 sq. ft. at Vile Parle West, Mumbai under the Development Management Model .
The said Project will be developed in two phases and Phase I of the Project will be launched in the name of Insignia .
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