The sales recorded so far account for nearly 25% of the total estimated sales potential from the project. The company said that it continue to expect such strong traction in sales from this project in the forthcoming quarters.
Manan P. Shah, managing director, said: "The successful launch of the 'Aaradhya Onepark’ project is a noteworthy level of performance for the company.
The outstanding response to 'Aaradhya OnePark' underscores the demand for premium real estate offerings in Mumbai and reflects MICL's commitment to delivering excellence in every aspect of its projects."
Man Infraconstruction has two business verticals viz., construction and real estate development. Maninfra is an integrated EPC (engineering, procurement and construction) company with nearly six decades of experience and execution capabilities in port, residential, commercial & industrial and road construction segments with projects spanning across India.
The company’s consolidated net profit jumped 30.7% to Rs 69.65 crore in Q2 FY23 as against Rs 53.28 crore in Q2 FY23. Net sales tumbled 46.3% year on year to Rs Rs 215.29 crore during the quarter.
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