MICL completes Atmosphere O2 project ahead of schedule - Check details

Man Infraconstruction Limited (MICL Group),  which is in luxury residential real estate sector, has informed exchanges that it has secured the Occupancy Certificate (OC) for the F-wing of its "Atmosphere O2" project in Mulund West, Mumbai within 3.5 years of its launch. 

The company has delivered 2.8 million square feet of carpet area ahead of schedule.

The Atmosphere O2 project spans ~7.2 lakh square feet of RERA carpet area and 18.6 lakh square feet of construction area, featuring three 47-storey residential towers and an 18-storey commercial tower. 

The project with a revenue potential of about Rs 1,650 crores is almost sold out and has made a total collection of about Rs 1475 crores as of Sep-24 from its bookings. 

Earlier, it completed Aaradhya Evoq - the 19th real estate project (including phases) of the group - in Juhu within 2.5 years. To date, MICL Group has delivered 2.6 million square feet of carpet area.

Aaradhya Evoq, the luxury residential project located in the neighbourhood of Juhu, Mumbai was completed in less than 2.5 years from its launch.

With a total carpet area of around 60,000 square feet available for sale and revenue potential of about Rs 250 crores, the project has already sold out nearly 85 per cent of its residences and made a total collection of over Rs 165 crores.