MICL Group (Man Infra)
Est. 1964 · Mumbai, Maharashtra · Listed (NSE / BSE) · Mumbai & MMR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is MICL Group (Man Infra)?
Construction-company-turned-developer (Aaradhya brand) leveraging in-house EPC for pace and margin.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 80% of towers delivered within 6 months of committed date.
At a glance
MICL Group (Man Infra) in Numbers
MICL Group (Man Infra) is a listed (NSE / BSE) developer founded in 1964, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 3.8/5 overall — dependable, with caveats — which ranks 61st of the 212 developers we profile and ahead of 67% of them. Its strongest area is financial strength (4.2/5) and its weakest is delivery record (3.6/5).
Benchmarking
How MICL Group (Man Infra) Compares
Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.
| Rating | MICL Group (Man Infra) | Mumbai & MMR average | Better than |
|---|---|---|---|
| Construction quality | 3.7/5 | 3.5/5 | 62% of developers |
| Delivery record | 3.6/5 | 3.3/5 | 67% of developers |
| Customer satisfaction | 3.6/5 | 3.3/5 | 67% of developers |
| Financial strength | 4.2/5 | 3.3/5 | 84% of developers |
| Trust | 3.8/5 | 3.5/5 | 65% of developers |
Buyer guidance
Should You Buy a MICL Group (Man Infra) Project?
MICL Group (Man Infra) is dependable, with caveats. Its weakest area is delivery record, so before booking, compare the promised and actual completion dates of its last few projects on the state RERA portal. Prefer construction-linked payment plans and check the project's RERA progress reports.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Its latest annual report — debt, cash flow and pre-sales — since MICL Group (Man Infra) is listed.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
The bottom line
Our Verdict
Contractor DNA shows in schedules; one of the better small-cap listed bets in MMR.
Portfolio
Notable Projects
Key MICL Group (Man Infra) projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
MICL Group (Man Infra): FAQs
Is MICL Group (Man Infra) a good builder? ＋
We rate MICL Group (Man Infra) 3.8/5 overall — dependable, with caveats. Contractor DNA shows in schedules; one of the better small-cap listed bets in MMR.
Is MICL Group (Man Infra) a listed company? ＋
Yes. MICL Group (Man Infra) is listed on the NSE / BSE, so it publishes audited financial results.
Does MICL Group (Man Infra) deliver on time? ＋
MICL Group (Man Infra) has delivered 80% of its towers within six months of the committed date, and we rate its delivery record 3.6/5.
How many projects has MICL Group (Man Infra) completed? ＋
MICL Group (Man Infra) has not published a completed-project count that we could verify.