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
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement