MICL Unveils India’s Tallest Ultra-Luxury Residential Tower in Mumbai
Real Estate

MICL Unveils India’s Tallest Ultra-Luxury Residential Tower in Mumbai

Man Infraconstruction Limited (MICL) has introduced Avaan Tower 2, a 306-metre residential skyscraper in Mumbai’s Tardeo, making it India’s tallest ultra-luxury residential building.

The high-rise offers 3, 4, and 5 BHK residences with carpet areas ranging from 1,300 to 3,282 square feet, spanning a total project area of 650,000 square feet. MICL anticipates revenue exceeding Rs 30 billion from this landmark development.

Designed by acclaimed architect Hafeez Contractor, Avaan Tower 2 presents breathtaking views of the Arabian Sea, Queen’s Necklace, Mahalaxmi Racecourse, and Mumbai’s skyline. Residents will enjoy over 55 premium amenities, including an ocean-view infinity pool, UFC gym, private theatre, and a bowling alley.

MICL reported a consolidated total income of Rs 13.6 billion and a net profit of Rs 3 bn for the financial year ending March 31, 2024. The company continues to strengthen its presence in construction and real estate development across India.

The launch coincides with growing demand in Mumbai’s luxury real estate sector, driven by high-net-worth and ultra-high-net-worth individuals, both domestic and international.

Man Infraconstruction Limited (MICL) has introduced Avaan Tower 2, a 306-metre residential skyscraper in Mumbai’s Tardeo, making it India’s tallest ultra-luxury residential building. The high-rise offers 3, 4, and 5 BHK residences with carpet areas ranging from 1,300 to 3,282 square feet, spanning a total project area of 650,000 square feet. MICL anticipates revenue exceeding Rs 30 billion from this landmark development. Designed by acclaimed architect Hafeez Contractor, Avaan Tower 2 presents breathtaking views of the Arabian Sea, Queen’s Necklace, Mahalaxmi Racecourse, and Mumbai’s skyline. Residents will enjoy over 55 premium amenities, including an ocean-view infinity pool, UFC gym, private theatre, and a bowling alley. MICL reported a consolidated total income of Rs 13.6 billion and a net profit of Rs 3 bn for the financial year ending March 31, 2024. The company continues to strengthen its presence in construction and real estate development across India. The launch coincides with growing demand in Mumbai’s luxury real estate sector, driven by high-net-worth and ultra-high-net-worth individuals, both domestic and international.

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App