ABOUT MICL GROUP

MICL USA Real Estate Development

With a legacy dating back to 1964, the MICL Group stands tall on a foundation built over six  decades of trust, innovation, and excellence.

Our journey began as engineering contractors, where we delivered complex and iconic projects across India—spanning ports, infrastructure, residential townships, commercial spaces, institutional buildings, IT parks, and cutting-edge lifestyle homes. Witnessing India’s dynamic and sustained growth firsthand, we ventured into real estate in 2012 with a clear vision: to build homes rooted in over 60 years of engineering expertise and to set new benchmarks in modern living. As we expanded our engineering capabilities, we diversified into advanced domains, aiming to redefine luxury lifestyle through globally inspired standards. Over the past decade, we’ve delivered exceptional real estate developments across India—and now, we’re extending our footprint globally, creating world-class lifestyles and engineering happiness so you can live better.

With our rich heritage, relentless pursuit of excellence, proven track record and commitment to innovation, MICL Group is poised to lead the next era in lifestyle surrounded  real estate development.

We have a proud legacy of executing high-profile construction projects, including the prestigious Nhava Sheva International Container Terminal at Jawaharlal Nehru Port Terminal, Navi Mumbai—successfully completed in 1997.

Our extensive construction expertise and the enduring trust we’ve earned from our customers over the years have empowered us to confidently expand into residential real estate development in Mumbai. As a result, we have successfully delivered over 2.5 million square feet of premium residential spaces across various key locations in the city. These developments have not only won the hearts of our customers but have also allowed them to experience upscale living at accessible prices.

Adding to our legacy are some of the nation’s most prestigious infrastructure achievements, including landmark shipping port projects. Further cementing our reputation in the industry is our iconic contribution to West Mumbai’s skyline—the tallest residential tower in the area, comprising three majestic towers.

Bloomberg: MINF

VISION

To redefine urban living by creating sustainable, innovative, and design-forward spaces that enrich lives, inspire communities, and set new benchmarks in real estate development—locally and globally. We envision a future where every structure we build enhances the human experience, fosters long-term value, and stands as a symbol of trust, quality, and lifestyle excellence.

Mission

Creating Lifestyles, Not Just Buildings

At MICL, we see ourselves not just as builders, but as creators of lifestyles. With decades of expertise in the infrastructure sector, our mission is to craft homes that are economically sound, user-friendly, and built for modern living. Every detail—from materials to design elements—is meticulously selected to enhance comfort, functionality, and long-term value.

Driven by Research, Defined by Quality

Through continuous research and rigorous processes, we ensure that every project meets the highest standards of quality. From concept to design, construction to delivery, our work is guided by a clear and consistent vision—one that aligns seamlessly with our brand promise.

Rooted in Community

We believe that a home is more than just a physical space—it’s a cornerstone of community. That’s why, with every project, our goal is to plant deep, meaningful roots that make us an integral part of the neighborhoods we build in.

Selective by Design

We are highly selective about the partners we collaborate with and the projects we undertake. This ensures that every MICL development reflects our values of excellence, integrity, and innovation—resulting in spaces where people don’t just live, but truly thrive. A rigorous evaluation process to ensure zero compromises with the quality.

Values

At MICL, we believe that real success lies in creating happiness for everyone—our customers, partners, and communities.

Customer-Centric at the Core
We build with one clear purpose: you. Every project is designed with the end user in mind, ensuring comfort, convenience, and long-term satisfaction.

A Legacy Built on Trust and Transparency
Decades of delivering on our promises have earned MICL a reputation rooted in integrity. Trust and transparency are not just values—they’re the foundation of everything we do.

Driven by Innovation
We are passionate about pushing boundaries. Innovation at MICL begins with understanding the customer’s needs and then building solutions that exceed expectations.

Excellence Through Expertise
Our multi-level quality processes ensure that every detail—no matter how small—is thoughtfully executed to deliver unmatched value and craftsmanship.

Responsibility in Action
We hold ourselves accountable not just in words, but through our actions. Every project reflects our commitment to ethical practices, environmental consciousness, and community impact.

Timeline

MICL Group is renowned to have delivered all its projects before time. Trust is thus imprinted in the minds of our customers forever.

2022
2021
2020
2019
2018
2017
2016
2014
2013
2012
2010
2008
2006
2004
2003
2002
1997
1991
1964

Project Launch

Launch of Uber Luxury Project,
Aaradhya EVOQ, Juhu.

Completion & handover of the
prestigious Aaradhya Eastwind, Vikhroli
& Aaradhya HighPark Phase 1.

Launch of Aaradhya Parkwood, Mira
Road – East.

Won LOA worth Rs 402 cr in April 22
from BMCT.

Aaradhya Highpark phase 2

Launch of Luxury Project, Insignia, Vile Parle,
in collaboration with Chandak and Shreepati
Group.

Launch of Aaradhya Highpark phase 2:
Passcode Primepark.

A New Market

MICL Groups enters the United States with South Florida as its first market

‘Atmosphere’ and ‘Aaradhya Nine’

Completed two premium Residential Development projects ‘Atmosphere’ and ‘Aaradhya Nine’ before the scheduled delivery date

Pradhan Mantri Awas Yojna (PMAY)

Received two work orders worth Rs. 220 crore for constructing residential units under the Pradhan Mantri Awas Yojna (PMAY) Housing Scheme in Pune

Completed the port work for Nhava Sheva Terminal 4 – Phase 1 in a tight schedule of 24 months; value of work executed by the end of project was Rs. 865 crore

Aaradhya Nine

Launched a premium mid-sized Residential Development project ‘Aaradhya Nine’ in Ghatkopar East, Mumbai. Received an overwhelming response in pre-launch, sold about 60% apartments in pre-launch

Received Large Port

Received large port order worth Rs. 751 crore from BMCT, a wholly owned subsidiary of Port of Singapore Authority (PSA) for execution of Nhava Sheva Terminal 4 – Phase 1 at JNPT, Navi Mumbai

Aaradhya Atmosphere

Launched its first mega Real Estate Project ‘Atmosphere’ in 2014 in partnership with The Wadhwa Group and Chandak Developers.

Mr. Manan Shah Joins Company

Mr. Manan Shah (son of Mr. Parag Shah) joins the Company with a passion for Real estate

Award from TATA Housing for Business Excellence

Received prestigious Award from TATA Housing for Business Excellence in the ‘Organizational Business Partnering’ category, 2012 –  Ventured into Real Estate Development with first Residential Development project ‘Aaradhya Tower’ in Ghatkopar, Mumbai

Listed in NSE/BSE

Entered the capital markets with an IPO and were subsequently listed on the NSE and the BSE in March 2010; IPO was oversubscribed by over 60 times

Awarded the prestigious Government residential project

Awarded the prestigious Government residential project by Pimpri Chinchwad Municipal Corporation under EWS scheme

Two PE investors, Standard Chartered and Sabre Abraaj acquire 16% stake in Company

Aaradhya Saphalya

Secured two landmark projects – executed using MIVAN technology

  • One of the largest township under Slum Rehab Scheme in Mumbai
  • A residential complex, ‘Orchid Woods’ comprising of three towers of 55 storey – One of the tallest structures in western suburbs of Mumbai

Name of the Company was changed to Man Infraconstruction Limited to reflect the change in the primary business focus of the Company

Received Another port infrastructure project

Received yet another port infrastructure project for GTI from AP Moller Group, catapulting the company as a key private port developer in the country – associated with 5 major ports in India

Bagged second major port infrastructure project

Bagged second major port infrastructure project for construction of CFS at Mundra Port, Gujarat

Contracted for a major residential project housing a self-contained township at Mundra, Gujarat

Man Construction Private Limited

Man Construction Private Limited was incorporated in 2002

Bagged contract the first international private construction

Bagged contract for constructing the first international private 1997 port in India for P&O Ports (Now DP World) at Nhava Sheva, Navi Mumbai

Mr. Parag Shah Joins Company

Mr. Parag Shah (son of Mr. Kishore Shah) joins the business with professional insights and expertise

Foundation

Started by Mr. Kishore Shah as a partnership firm engaged in industrial contract works

Awards

MICL Group has been awarded nine times for its varous performances in the development sector

Maharashtra Bal Stamth Award

Maharashtra’s Pillar of strength
2022

Times of India

Iconic Young Achiever
2021

Economics Times

Best Brands 2021
2021

Reality Lion Awards

Most Promising Delivery
2019

Construction World

Top Challenger of the Year
2017

ICI & Ultratech Cement

Outstanding Concrete Structure of Vidarbha
2014

National Safety Council

Best Safety Practices
2014

TATA Housing

Best Business Partner
2012

INC 500

Business Excellence Award
2012

Team

The team that leads the way

Parag Shah

Chairman Emeritus

Vatsal Shah

Director

Manan Shah

Managing Director

Keshal Parekh

Director