MIIL GROUP launches one more Residential Project at premium location of Andheri (West) to generate revenue of Rs.600 Millions

Meghna Infracon Infrastructure Limited, is an emerging name in the real-estate industry we proudly announce launch and Bhoomi Poojan of New Residential Project named "Shree Pranam" located at Model Town, Lokhandwala, Andheri (west), Mumbai on 31st Day Of May, 2025. The project marks MIlL's strategic move into the space premium of Luxury real estate in Mumbai.

Located on Prime Location of Mumbai the project offers excellent connectivity to nearby schools, colleges, hospitals, airport, railway station, and entertainment hubs.

The company had earlier announced the signing of Development Agreement for Re Development of the same Project which has due to changes made in Government policy total estimated sale potential of the project which was 400 millions has increased to over Rs. 600 Millions.

Commenting on the development, Mr.Vikram Jayantilal Lodha, Managing Director of MIIL Group, Said "The launch of "Shree Pranam" marks steping a significant milestone in our journey towards becoming the preferred luxurious real estate developers in Mumbai. The construction work at the site has been commenced and shall be executed as per the scheduled timelines. With the launch of "Shree Pranam" we introduced innovative community living concept offering residence in 1 and 2 BHK along located at prime area of Model Town, Lokhandwala, Andheri (west), Mumbai."

Shares of Meghna Infracon Infrastructure Limited was last trading in BSE at Rs. 959.80 as compared to the previous close of Rs. 946.30. The total number of shares traded during the day was 134239 in over 987 trades.

The stock hit an intraday high of Rs. 969.00 and intraday low of 942.50. The net turnover during the day was Rs. 128175521.00.

Source : Equity Bulls

Keywords

INE898Q01015 MeghnaInfraconInfrastructure Residential Commercial Projects ShreePranam AndheriWest BhoomiPoojan NewProject