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

10 Jul 2025 CW Team

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

MIIL Group Announces New Santacruz Residential Redevelopment Project Worth ₹370 MillionMumbai, 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 ConnectivityThe 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 & Colleges18. Hospitals19. Shopping Avenues20. Major Corporate Hubs21. Recreational and Lifestyle DestinationsThis 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 2025With 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 GroupMeghna 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

Infrastructure Urban

27 Oct 2025

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Infrastructure Energy

27 Oct 2025

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

Infrastructure Urban

27 Oct 2025

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..