MICL Unveils Avaan Tower 2, India鈥檚 Tallest Ultra-Luxury Skyrise

20 Mar 2025 CW Team

Man Infraconstruction (MICL) has unveiled Avaan Tower 2, India鈥檚 tallest ultra-luxury residential skyrise, in Mumbai鈥檚 prestigious Tardeo area. Designed by renowned architect Hafeez Contractor, the 306-metre tower offers breathtaking views of the Queen鈥檚 Necklace, Arabian Sea, Mahalaxmi Racecourse, and the Mumbai skyline.

Aimed at high-net-worth (HNI) and ultra-high-net-worth (UHNI) buyers, Avaan Tower 2 features 3, 4, and 5 BHK residences ranging from 1,300 to 3,282 sq. ft. carpet area, spanning a total project area of 6.5 lakh sq. ft. The project is expected to generate revenue exceeding ?3,000 crore. 鈥淎aradhya Avaan is more than a residence鈥攊t is a statement of neo-luxury living. With an architectural vision never seen before in India, Avaan merges opulence with innovation,鈥� said Manan Shah, Managing Director, MICL. The tower offers 55+ curated amenities, including an ocean-view infinity pool, UFC gym, sports lounge, Hammam bath, salon, private theatre, bowling alley, and a farmer鈥檚 caf茅, ensuring an unmatched lifestyle. MICL continues to push boundaries in luxury real estate, with Manan Shah driving the company鈥檚 expansion into global markets, reinforcing its status as an industry trailblazer.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..