We do not acquire projects simply to increase our portfolio
Mumbai's real-estate market is entering a significant redevelopment cycle, creating opportunities as well as challenges for developers. Manan Shah, Managing Director, Man Infraconstruction (MICL Group), discusses the company's growth strategy, market outlook, financial discipline and execution priorities.Where will MICL find its next phase of growth: deeper into Mumbai, larger redevelopment opportunities, new geographies or new asset classes?Mumbai will continue to be the primary focus for MICL with substantial opportunities, particularly in redevelopment, commercial development and assets tha..
DivyaSree launches Rs 8 billion residential project in Bengaluru
DivyaSree Developers has launched DivyaSree Quiet Side, a residential project in Yelahanka, North Bengaluru, with a gross development value (GDV) potential of over Rs 8 billion. Spread across five acres, the project will comprise approximately 260 three-bedroom homes across three towers, with 85 per cent of the site designated as open space.The launch marks the next phase of the developer’s residential expansion. DivyaSree has a portfolio of 12 residential projects spanning more than 6 million sq ft and plans 14 launches covering over 18 million sq ft across Bengaluru, Hyderabad and Chennai ..
Alluri Sitarama Raju International Airport
An airport can be structurally complete and still not be ready to fly. At Alluri Sitarama Raju International Airport at Bhogapuram, that distinction defines the project. Developed under a public-private partnership (PPP) between GMR Group and the Government of Andhra Pradesh at a cost of over Rs 56.40 billion, the greenfield airport began commercial operations on August 17, 2026, with an initial capacity of 6 million passengers annually. Its 77,342-sq-m terminal, 3,800-m Code 4E runway, 18 aircraft stands and 55-m ATC tower establish the scale. The more revealing story, however, is how the pro..

