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

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

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

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App