MICL Group Secures IOA For Tardeo 2.0, Marking Key Development Milestone For ₹2,000+ Crores GDV Project
Man Infraconstruction Limited (MICL Group) (BSE: 533169, NSE: MANINFRA) is pleased to announce that it has secured Intimation of Approval (IOA) for its Tardeo 2.0 project located in South Mumbai. Commenting on the development, Mr. Manan Shah, Managing Director, MICL Group, said: "This milestone marks an important milestone, in advancing Tardeo 2.0 one of our marquee South Mumbai developments. The approval enables progression towards vacating premises, preparation for demolition and obtaining requisite approvals ahead of launch. With an estimated Gross Development Value (GDV) exceeding ₹2,000 crores, the project is planned for launch in FY27. Aggregating approximately 46,000+ sq. ft. of plot area and located at one of South Mumbai’s most established and premium residential addresses, the development further strengthens our presence in this strategic micro-market. Together with Aaradhya Avaan and our Marine Lines project, these marquee South Mumbai developments represent cumulative ...
