An icon is soon coming to grace the South Mumbai skyline! Be the first one to know about it and get exciting benefits

    Disclaimer: Site Address Aaradhya Avaan, Ground Floor, Shreepati Arcade, Nana Chowk, Kemps Corner, Gamdevi, Grant Road, Mumbai-400007 “Aaradhya Avaan” comprises of 2 (two) Sale Towers namely Tower A and Tower B and 1 (one) Rehab-Cum-Sale Tower namely Tower C; all being part of “Aaradhya Avaan”, Project is jointly developed by Shreepati Skies (R R Chaturvedi) (“Promoter 1”) and Man Vastucon LLP (“Promoter 2”) (collectively “Promoters”) via MahaRERA registration no. P51900048675. The details of the said Project are available on the website of MahaRERA at under registered projects. All Brochures/Leaflets/Pamphlets/ads/ walk through presentations/ master plan/layout plan or any other document including photographs, images, surrounding views as shown in the renders/presentations, designs, plans, specifications, layout, height, dimensions, facilities, vegetation, features, furniture & fixtures, amenities and communication, are merely an artistic impression and imagination and may vary to actual project on site. The actual and physical features, amenities and facilities in the said Project or the flat/unit would be in accordance with plans and specifications approved by the competent authorities. The said Project is mortgaged in favour of IDBI Trusteeship Services Limited acting as Security Trustee for IndusInd Bank Limited (‘the Lender’). No Objection Certificate from the Security Trustee/Lender will be provided for sale of flat/unit in the said Project, if required. T&C Apply.

    MICL Group, one of the top developers of Mumbai honoured with Three Prestigious Awards for Exemplary Role in Real Estate

    MICL Group, a stalwart in the real estate industry, proudly celebrates 59 years of unwavering commitment to excellence and trust. This illustrious journey has recently been embellished with two prestigious accolades

    Man Infraconstruction Consolidated Revenue From Operations Grows By 45% In Q1FY24

    MICL Group added another Ultra-Luxurious Residential Project with saleable carpet area of approx 4.0 lakh sq. ft. in Ghatkopar East, Mumbai.

    Booming Real Estate Market Mira Road Comprehensive Analysis

    The Booming Real Estate Market in Mira Road: A Comprehensive Analysis

    The Indian real estate market has witnessed significant transformations in recent years, especially after the pandemic-induced lockdowns. But now that the market is in full swing again, you may have some questions, like which is the best place to invest in Mumbai? Or where can I invest in property for the best ROI? One of the prominent regions that have emerged as realty hotspots, and one such area is Mira Road, located in the western suburbs of Mumbai.

    Mira Road: An Emerging Realty Hotspot

    Mira Road, once known for its salt pans and mangroves, has recently undergone a remarkable transformation. It has become one of the most sought-after residential destinations in the western suburbs of Mumbai.The area now offers a peaceful environment with tree-lined roads and excellent civic and social infrastructure.

    Factors Contributing to Mira Road’s Growth

    Several factors have contributed to the growth of Mira Road as a real estate hotspot. Firstly, improved connectivity has played a crucial role. The region has witnessed significant infrastructural developments, enhancing its accessibility to other parts of Mumbai. Additionally, the availability of affordable housing options compared to the expensive suburbs of Mumbai has attracted homebuyers and investors to Mira Road.

    Connectivity and Infrastructure Development

    Mira Road’s growth can be attributed to its excellent connectivity and ongoing infrastructure projects. The area benefits from its proximity to major highways like the Western Express Highway, Eastern Freeway, and the proposed Metro corridors. These infrastructure developments have improved transportation and increased the value of properties in the region.

    Residential Projects on Mira Road

    The real estate market in Mira Road offers a diverse range of residential projects catering to different budget segments. Renowned developers, including the MICL Group, have upcoming residential projects in Mumbai, including Mira Road, providing quality housing options to prospective buyers. These projects feature modern amenities, spacious layouts, and excellent designs, meeting the evolving needs of homebuyers.

    Is it good to invest in Mira Road?

    Investing in Mira Road holds considerable potential. The area’s growth trajectory, coupled with its affordable pricing compared to other prime locations in Mumbai, makes it an attractive investment destination. The demand for housing on Mira Road is expected to rise further as more people seek larger homes in tranquil areas.

    Advantages of Investing in Mira Road

    Investing in Mira Road offers several advantages for home buyers and investors:

    Affordable Pricing: Mira Road provides relatively affordable housing options compared to other prime locations in Mumbai. This affordability factor makes it an attractive choice for first-time homebuyers and those looking for budget-friendly investments.

    Growth Potential: Mira Road has shown significant growth potential in infrastructure development and real estate appreciation. As the area continues to witness infrastructural improvements and urbanisation, property values are expected to appreciate, offering potential returns on investment.

    Well-developed Social Infrastructure: Mira Road boasts a well-developed social infrastructure, including schools, colleges, hospitals, shopping malls, and entertainment centres. These amenities contribute to a comfortable and convenient lifestyle for residents, making the area more desirable for end-users and investors.

    Good Rental Yield: Mira Road’s popularity as a residential destination has led to a high demand for rental properties. Investors can benefit from good rental yields due to the growing rental market. The affordability factor also attracts tenants who are looking for cost-effective housing options.

    Proximity to Employment Hubs:Mira Road’s strategic location offers proximity to major employment hubs such as the Bandra Kurla Complex, Andheri, and Goregaon. This makes it an attractive choice for professionals working in these areas, creating a strong demand for rental properties.

    Future Connectivity Enhancements:The ongoing and proposed infrastructure projects, including the upcoming Metro lines and road expansions, will further enhance connectivity on Mira Road. Improved connectivity will make commuting easier and boost the overall value of properties in the area.

    Mira Road’s emergence as a real estate hotspot in the western suburbs of Mumbai can be attributed to its improved connectivity, ongoing infrastructure development, and availability of affordable housing options. The area offers a peaceful environment, well-developed social infrastructure, and the potential for real estate appreciation and rental income. While investing in Mira Road presents opportunities, it is essential to consider the associated challenges and risks, such as infrastructure development delays, oversupply concerns, regulatory and legal issues, and market volatility.

    In conclusion, investing in Mira Road can offer several advantages, such as affordability, growth potential, and a well-developed social infrastructure. However, it is essential to carefully evaluate the associated challenges and risks, conduct thorough research, and seek professional advice before making investment decisions. Doing so can maximise the benefits and mitigate the risks of investing in Mira Road’s real estate market.

    Aaradhya Parkwood – Your Place, Your Story

    Aaradhya Parkwood – Your Place, Your Story

    “Home is where love resides, memories are created, friends always belong, and laughter never ends.” – Unknown

    What is a home? It’s more than just a physical structure. It’s a humble abode where you reside with your family, your comfort zone, and a place where you unwind and create memories. Finding the ideal house for your family can be challenging, especially in Mumbai, where space is limited, and real estate costs are high. However, there is a solution to this problem – Aaradhya Parkwood in Dahisar. In this article, we will explore why Aaradhya Parkwood is the perfect place to raise your family and make it your home.


    Aaradhya Parkwood’s location in Dahisar is one of its significant advantages. Dahisar, a northwest Mumbai neighbourhood, is known for its lush greenery and serene environment. Moreover, Dahisar has gained traction among developers and individuals looking to invest or settle there. The area offers excellent connectivity to the rest of the city through the Western Express Highway, linking Dahisar to major commercial areas like Andheri, Bandra, and Worli. Additionally, Dahisar has a train station as part of the Mumbai Suburban Railway network, providing convenient access to other parts of the city.



    Picture this: You wake up to the gentle rays of the morning sun streaming through your window at Aaradhya Parkwood. As you step out onto your deck, the serene view of the swimming pool catches your eye. The glistening water beckons you for a refreshing dip after a long day. After your swim, you head to the fully equipped gymnasium, where you find state-of-the-art fitness equipment and trainers ready to assist you in achieving your health goals. As you work up a sweat, the panoramic view of the lush green surroundings keeps you motivated. Later, you take a leisurely stroll along the well-designed jogging track, surrounded by landscaped gardens that provide a sense of tranquillity. Meanwhile, your children explore the dedicated play area, filled with laughter and joy. Finally, you unwind at the clubhouse, a perfect place to socialize and connect with your neighbours, creating lifelong friendships and cherished memories.
    At Aaradhya Parkwood, these amenities are not just features but a gateway to a luxurious and fulfilling lifestyle.

    Floor plans


    The project offers a range of 1 BHK and 2 BHK flats in Dahisar, designed to cater to different family sizes. The 1BHK flats have a carpet area of 450 sq. ft, while the 2BHK flats have a carpet area of 650 sq. ft. The apartments are designed to maximise space utilisation and provide residents with a comfortable living experience. Floor plans are thoughtfully designed to ensure abundant natural light and ventilation in each apartment.

    Investment potential


    Apart from being an excellent option for end-users, Aaradhya Parkwood also offers tremendous investment potential. Dahisar is an upcoming Mumbai suburb expected to see significant growth in the coming years. In addition, the suburb is located close to several upcoming infrastructure projects, such as the Mumbai Metro Line 7 and the Coastal Road, which will further enhance its connectivity to other parts of the city. This is expected to lead to a significant appreciation in real estate prices in the area, making Aaradhya Parkwood an excellent investment opportunity.

    Views, Advantages, and Features

    When it comes to the views, advantages, and features of Aaradhya Parkwood, there is something special to highlight. The project introduces the newly launched edition, W-residences, which adds an extra touch of elegance and exclusivity to the development. These residences offer breathtaking views of the surrounding greenery, providing a sense of serenity and peace. Moreover, the advantages of living in Aaradhya Parkwood extend beyond the project itself.

    In conclusion, Aaradhya Parkwood is an excellent option for those looking for a comfortable and affordable home in Mumbai. The project offers a range of 1 BHK and 2 BHK flats in Dahisar designed to meet the needs of modern families. Moreover, the project’s location provides excellent connectivity to the rest of the city. At the same time, the amenities and floor plans are designed to provide residents with a luxurious and comfortable lifestyle.

    So, if you are looking for a perfect home for your loved ones in Mumbai, look no further than Aaradhya Parkwood. With its excellent location and amenities, the project offers everything you need to lead a comfortable and fulfilling life in the city. So, contact the developer today to book your dream home in Aaradhya One Earth and give your loved ones the perfect place to call home.

    Urban vs Suburban Real Estate: Which is Booming and Why?

    Urban vs Suburban Real Estate: Which is Booming and Why?

    When discussing real estate, one of the most crucial decisions to make is whether to invest in an urban or suburban area. So what is real estate? Real estate refers to property consisting of land, buildings, and natural resources such as crops, minerals, or water. It encompasses both residential and commercial properties. The choice between urban and suburban real estate depends on various factors, including personal preferences and investment goals.
    This article explores the differences between these two types of areas and discusses the factors that contribute to their respective booms. Additionally, it addresses frequently asked questions and includes interesting notes to make it more engaging and informative.

    What is the difference between urban and suburban areas?

    urban vs suburban

    Urban areas are typically densely populated cities with a high concentration of commercial, cultural, and residential buildings. Suburban areas, on the other hand, are residential areas located on the outskirts of cities. They are typically less densely populated than urban areas and offer more space and a quieter lifestyle.

    Urban Area and Urban Real Estate:

    urban area

    Urban areas are typically densely populated cities with a high concentration of commercial, cultural, and residential buildings. They offer proximity to job opportunities, cultural attractions, and entertainment options. Urban real estate has traditionally been a popular choice for investors due to its high demand and potential for growth. However, the landscape of cities has changed during the pandemic, leading to an increase in people moving away from urban areas to the suburbs and countryside.
    In light of the changes, it is essential to understand that urban areas no longer exclusively represent big cities. The amenities and offerings in urban areas have become comparable to suburban areas. One significant advantage of investing in urban real estate is the potential for high returns. The demand for urban areas can drive up property values and rental rates, providing investors with a steady income stream. However, investing in urban real estate can come with downsides. Properties in urban areas can be expensive to purchase and maintain, and competition for tenants can be fierce. Additionally, economic downturns and changes in demand can affect property values in urban areas.

    Suburban Real Estate:

    subarban real estate

    Suburban areas are residential areas located on the outskirts of cities. They are typically less densely populated than urban areas and offer more space and a quieter lifestyle. Suburban real estate has gained popularity in recent years as more people seek out a quieter lifestyle with additional space. The Census Survey of 2011 verified this trend. The city experienced the biggest decline in population over a ten-year period of 5.75% for the first time in its lengthy history.
    Investing in suburban real estate comes with several advantages. These include low tenant turnover, a more affordable market, family-friendly locations, less wear and tear, and generally a lower crime rate. As cities continue to expand outward, suburban areas can become increasingly desirable places to live. This can drive up property values and provide investors with a steady income stream. However, investing in suburban real estate also has its downsides. Properties in suburban areas can be subject to zoning restrictions and may require more maintenance than properties in urban areas. Suburban areas may not offer the same level of amenities as urban areas. Moreover, the rise of remote work and flexible schedules has contributed to the growing popularity of suburban real estate as people prioritize spacious homes and a better work-life balance.

    Mumbai Real Estate:

    mumbai real estate

    Mumbai is one of the most populated cities in India and has a thriving real estate market. Urban areas such as South Mumbai offer proximity to job opportunities and cultural attractions but can be expensive to live in. On the other hand, suburban areas such as Bandra offer more space and quieter lifestyles but may not offer the same level of amenities as urban areas.
    It is advisable to stay updated with the latest news and insights from the real estate industry to make informed investment decisions. Keep an eye on market trends, government policies, and economic factors that can influence the urban and suburban real estate markets.
    One exciting new development in Mumbai’s real estate market is MICL Group’s launch of several premium residential projects, including “Aaradhya Parkwood” and “Aaradhya EVOQ”. These projects will offer luxurious living options for those looking for high-end accommodations in urban as well as suburban areas.

    Frequently Asked Questions:

    1. What are the advantages of investing in urban real estate?
    Suburban real estate can be a good investment option for those seeking a quieter lifestyle and more space. Suburban areas often have lower tenant turnover, affordability, family-friendly locations, and lower crime rates. However, it’s important to consider zoning restrictions and maintenance requirements.

    2. Are suburban areas a good investment option?
    Investing in urban real estate can provide high returns due to the demand and potential for growth. Urban areas offer proximity to job opportunities, cultural attractions, and entertainment options, making them attractive to tenants.

    3. Can suburban areas offer the same level of amenities as urban areas?
    While suburban areas may not offer the same level of amenities as urban areas, they are becoming increasingly desirable as cities expand outward. Suburban areas often have access to essential services and amenities, and the demand for such areas is growing.

    In conclusion, urban and suburban real estate both have pros and cons. Your choice will depend on your personal preferences and investment goals. Therefore, it’s essential to carefully consider all factors before making a decision. Stay informed about industry news, debunk myths, and keep up with the latest trends to make well-informed real estate investment decisions.

    5 Unique Features of MICL Residential Project -Blog

    5 Unique Features of MICL Residential Projects

    We’re a leading real estate developer in Mumbai, known for our timely completion and exceptional residential projects that offer luxury living spaces with unique amenities and features. With a focus on quality construction, green living, and customer satisfaction, we’ve established ourselves as a trusted name in the Mumbai real estate market. From luxury homes in prime locations to sustainable and eco-friendly living spaces, we deliver quality construction and exceptional service to ensure customer satisfaction.

    • Luxury Homes:

             Spacious layouts, premium fittings, elegant interiors and best amenities in residential projects in Mumbai

    • Timely Completion:

             All projects are delivered ahead of schedule, and we enjoy keeping up the tradition of prompt completion and delivery

    • Layout Planning:

             Project Layouts have been carefully designed to maximize light, air, and ventilation while remaining Vastu compliant

    • Strategic Locations:

             Prime areas of Mumbai with excellent connectivity, convenience and lifestyle options

    • Curated Amenities:

             Optimization of space to bring out thoughtful amenities and facilities for a individual’s overall development.

    • Quality Construction:

             The EPC wing’s in-house engineering and construction expertise ensures quicker completion, a better finish, and a longer lifespan of the projects

    • Customer Satisfaction:

             Exceptional service and support throughout the home-buying journey



    MICL Residential Projects stand out in the Mumbai real estate market due to their unique features and commitment to excellence. With a focus on luxury living and customer satisfaction, MICL has become a trusted name in the industry.

    Five trends in luxury real estate

    Luxury real estate is experiencing explosive growth globally, driven by evolving consumer preferences and technological advances.

    Why ‘Location’ is the Most Important Factor When Choosing a New Home

    Why ‘Location’ is the Most Important Factor When Choosing a New Home

    The saying “location, location, location” holds true when buying a new home. A property’s location is one of the most significant factors affecting not only its value but also your quality of life. Today,we will explore various reasons why location should be your top priority when choosing your dream home.

    Proximity to Work, Schools, and Amenities

    A prime location provides easy access to essential amenities, such as workplaces, schools, hospitals, and shopping centres. Living close to these facilities can save you time, money, and effort. In fact, according to a study by the Urban Land Institute, people living within a 15-minute walk to work or public transportation report higher satisfaction and well-being.

    The average person will save both time and money by choosing a location closer to work and essential amenities.

    Safety and Security


    The safety of your neighbourhood plays a crucial role in your overall well-being and peace of mind. A location with low crime rates and good security features can help you feel more secure and enjoy your home life.

    Important: Always research the safety and crime statistics of a neighbourhood before making a decision.

    Resale Value and Appreciation


    The location of a property can have a significant impact on its resale value and potential for appreciation. According to a study by the National Housing Bank (NHB) in India, properties in well-located areas have shown an average annual appreciation rate of 6.7% between 2013 and 2018, while the national average appreciation rate was around 4%. This demonstrates the potential for higher returns on investment when buying a property in a prime location. When choosing a new home, consider future developments in the area and their potential impact on property values.

    Lifestyle and Social Life


    The location of your home can greatly influence your lifestyle and social life. A well-situated property offers easy access to recreational facilities, restaurants, shopping centres, and cultural attractions. Choosing a location that aligns with your hobbies, interests, and social preferences can significantly enhance your quality of life.

    • Look for neighbourhoods with nearby parks, sports facilities, and entertainment options
    • Consider the availability of restaurants, cafes, and shopping areas within the vicinity
    • Evaluate the cultural offerings of the area, such as theatres, art galleries, and community events

    Infrastructure and Connectivity

    Good infrastructure and connectivity are vital when choosing a location for your new home. A well-connected area with reliable roads, public transportation, and utility services can make daily life more convenient and efficient. In India, metro cities are known for their excellent connectivity and infrastructure.

    Environmental Factors and Quality of Life

    Living in an area with ample greenery, clean air, and low noise pollution can have a positive impact on your quality of life. According to a study published in the journal Environmental Health Perspectives, exposure to green spaces can reduce stress and improve mental well-being. When choosing a location, consider the following environmental factors:

    • Proximity to parks, gardens, and other green spaces
    • Air quality and pollution levels in the area
    • Noise levels from traffic and other sources

    Make the Right Decision


    Location plays a crucial role in determining the value, convenience, and overall appeal of a property. By considering factors such as proximity to essential amenities, safety, infrastructure, and environmental quality, you can make an informed decision and find your dream home in the perfect location.

    MICL Group understands the importance of location and is committed to offering properties in prime locations with excellent connectivity, modern amenities, and a focus on the quality of life. As one of the leading real estate developers in India, MICL Group has delivered many landmark projects across cities like Mumbai, providing residents with the best possible living experience.

    To find your dream home in the ideal location:

    • Explore MICL Group’s diverse range of residential projects, offering top-notch amenities and facilities
    • Consult with MICL Group’s team of experts for personalized guidance on selecting the perfect property based on your needs and preferences
    • Visit the MICL Group website or contact the team for more information on projects and the benefits of choosing a property in a prime location

    Remember, the right location can make all the difference in creating a comfortable, convenient, and fulfilling lifestyle for you and your family. By prioritizing location when searching for a new home, you can make a wise investment in your future and enjoy the numerous benefits that come with living in a well-situated property.


    MICL March quarter PAT jumps over two-fold to Rs 81.6 crore

    The company’s profit after tax (PAT) stood at Rs 37.4 crore during the corresponding period of 2022-23, MICL said in a statement.

    MICL Approaches 60 Years of Building a Solid Foundation in Engineering

    Launched in 1964, MICL has proven its engineering DNA with the success of delivering over 60 iconic projects from ports, industrial, and IT to residential and commercial properties