MAN Industries India Limited, part of the well-diversified UK-based USD 1bn MAN Group and Indias leading manufacturer of large diameter line pipes and coating systems, has announced its plans to diversify into the real estate sector.
The companys subsidiary, MAN Infraprojects Limited plans to develop seven projects in Mumbai, Navi Mumbai and Indore with an investment of Rs 1000 crore in the next three years. With a total built-up area of 10 million sq ft., the projects would be worth over Rs 4000 crore.
Our Group has vast experience in the real estate sector, says Mr. R C Mansukhani, Chairman, MAN Infraprojects Ltd. We would like leverage our expertise in the sector to create landmarks of excellence in every project we undertake. We plan to partner with the best of brands to create outstanding value for our esteemed customers
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