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MIIL Group to Redevelop Premium Santacruz Project, Eyes ₹370 Million Revenue

2025-07-10

MIIL Group Announces New Santacruz Residential Redevelopment Project Worth ₹370 Million

Mumbai, 8 July 2025:

Meghna Infracon Infrastructure Limited (MIIL Group) has entered into a Development Agreement with Jose Ville to redevelop a residential project in Santacruz West, Mumbai. The upcoming redevelopment project will span approximately 28,000 sq. ft. of construction area and is projected to generate revenue of ₹370 million.

This strategic move reflects the company’s continued focus on urban regeneration and delivering modern living standards in Mumbai’s prime Western suburbs.

Prime Location, Excellent Connectivity

The land parcel is situated in a well-developed residential zone, just minutes from Santacruz Railway Station. Residents will benefit from seamless access to:

17. Schools & Colleges

18. Hospitals

19. Shopping Avenues

20. Major Corporate Hubs

21. Recreational and Lifestyle Destinations

This location advantage is expected to enhance the value proposition for homebuyers and investors alike.

A Step Forward in MIIL Group’s Expansion

“We are excited to collaborate with Jose Ville on this prestigious project,” said Mr. Vikram Jayantilal Lodha, Managing Director, Meghna Infracon Infrastructure Ltd.

“Our team is currently in the planning phase, and we aim to seek approvals and commence construction in the upcoming financial year. This project strengthens our vision of expanding in key Mumbai localities.”

Project Launch Expected in CY 2025

With a targeted launch in calendar year 2025, MIIL Group is set to redefine urban housing in Santacruz West through this redevelopment. The project promises premium design, modern amenities, and a customer-centric approach to elevate residential living in the city.

About MIIL Group

Meghna Infracon Infrastructure Limited (Script Code: 538668) is an emerging name in Mumbai’s real estate landscape, particularly focused on residential developments in the Western suburbs. With a presence in Goregaon and Andheri, the company continues to build a portfolio of high-value projects that blend functionality, aesthetics, and convenience.

Backed by a commitment to quality construction, timely delivery, and client satisfaction, MIIL Group is poised for robust growth in Mumbai’s competitive real estate sector.

Reported by: Corporate Communications Team, MIIL Group