Man Infra secures redevelopment project in South Mumbai
Man Infraconstruction announced the acquisition of development rights of Tardeo Court CHS & Tardeo Apartments CHS and outright purchase of Sethna House located at Tardeo in South Mumbai under the Cluster Redevelopment scheme 33(9).
The new acquisition, ?Tardeo 2.0? comprising approximately 46,000+ sq. ft. of plot area is strategically located along South Mumbai's celebrated Billionaires' address, which will elevate the group's ultra-luxury portfolio.
The proposed development has an estimated sales potential exceeding Rs 2,000 crore over the next 4-5 years.
The Aaradhya Avaan project at Tardeo, the Tardeo 2.0 project, and the Marine Lines development; these three marquee South Mumbai projects together represent an estimated sales potential exceeding Rs 8,000 crore.