Mumbai’s upscale Tardeo neighbourhood is gearing up for another high-end transformation, with three residential societies slated for redevelopment into ultra-luxury homes. The move comes as Man Infraconstruction secures development rights for over 1.05 acres in one of South Mumbai’s most sought-after residential pockets.
The redevelopment will cover Tardeo Court, Tardeo Apartments, and Sethna House, all situated along Javji Dadaji Road near Bhatia Hospital. The project forms part of a larger cluster redevelopment initiative in the area, where ageing structures are increasingly being replaced by premium high-rise residences.
The developer confirmed that this marks its third venture in South Mumbai and has outlined a construction timeline of approximately five years. “It is a marquee cluster redevelopment project in Tardeo. The project, internally referred to as Tardeo 2.0, carries an estimated sales potential exceeding Rs 2,000 crore over the next 4–5 years,” the company said in its announcement.
As part of the transaction, redevelopment rights for two societies have been secured, while Sethna House has been acquired outright. The project will be executed under the Cluster Redevelopment Scheme 33(9) through Man Aaradhya Infraconstruction LLP, where MICL Group holds a majority stake.
The redevelopment is located close to the under-construction Aaradhya Avaan project, which includes Avaan Tower 2—expected to rise to 306 metres and rank among India’s tallest residential buildings. However, the upcoming project will be relatively lower in height due to plot constraints, and its amenities will remain separate.
Highlighting the company’s expansion in the area, Managing Director Manan Shah said, “The Group’s south Mumbai journey is defined by scale, speed, and consistent market absorption. We are happy to have achieved a hat-trick in South Mumbai with our latest acquisition at Tardeo, where we plan to have boutique ultra luxury apartments.”
The new residences are expected to range between 3,500 and 5,500 sq ft. Over 90 existing families are likely to receive significantly larger homes, with estimates suggesting an increase of around 80% in area. Existing commercial units will also be retained, forming the project’s limited retail component.
Source: Hindustan Times
