Mumbai Realty
MICL’s Artek Park in Bandra East Reported Launched, With 3 and 4 BHK Homes
MICL Group’s Artek Park in Kalanagar, Bandra East, is described as launched and selling, although some project listings still use a pre-launch label. The planned homes include 3 and 4 BHK apartments, penthouses and duplex penthouses, with listed starting prices of ₹8.50 crore for a 3 BHK and ₹11.50 crore for a 4 BHK.
| Developer | Man Infraconstruction Limited, which markets itself as MICL Group, in collaboration with Wadhwa Group |
|---|---|
| Location | Madhusudan Kalelkar Road, Kalanagar, Bandra East, Mumbai |
| Project status | Reported launched in Q3 FY26; some listings retain a pre-launch label |
| Configurations | 3 BHK, 4 BHK, penthouses and duplex penthouses |
| Listed starting prices | ₹8.50 crore for 3 BHK and ₹11.50 crore for 4 BHK |
| MahaRERA number | PR1180002500855 |
| Possession | Listed as 2029 by one source and June 2030 by another |
Reported launch and sales
As of October 2026, Artek Park is best described as launched and selling, rather than solely as a pre-launch project. MICL’s Q3 FY26 results summary records the launch and reports ₹140 crore in sales during the quarter ended 31 December 2025. A January 2026 trade report also covered the launch. Some project listings use a pre-launch label, while another project page describes it as under construction.
The project is developed by Man Infraconstruction Limited, which operates as MICL Group, in collaboration with Wadhwa Group. A MahaRERA number, PR1180002500855, is listed for the project.
Homes and listed prices
The planned mix comprises 3 BHK and 4 BHK apartments, penthouses and duplex penthouses. Listed carpet areas are 1,393–1,674 sq ft for 3 BHK homes and 1,890–2,205 sq ft for 4 BHK homes. The penthouse is listed at 3,630 sq ft and the duplex penthouse at 4,750 sq ft.
Listed starting prices are ₹8.50 crore for a 3 BHK and ₹11.50 crore for a 4 BHK. Penthouse and duplex penthouse prices are listed as available on request. These are published price figures; the sources also contain other, differing price listings.
Possession and location
Published possession timelines differ: one listing gives 2029, while another lists possession starting in June 2030. The project is on Madhusudan Kalelkar Road in Kalanagar, Bandra East, within the BKC corridor and opposite Jio World Drive.
The location is connected to the Western and Eastern Express Highways, the Bandra-Worli Sea Link and the Santacruz-Chembur Link Road. Metro Line 3’s BKC station is operational. Metro Line 2B’s first section, between Diamond Garden and Mandale, opened in April 2026; the Bandra and BKC sections were described as under construction, with full commissioning expected in 2026–27.
BKC market context
Artek Park is positioned in a residential market close to BKC’s commercial district. The research reports an average Bandra apartment transaction rate of ₹50,691 per sq ft and an average Bandra East asking price of about ₹53,000 per sq ft. These are area-level figures, not Artek Park prices, and the reported market data is not all dated to the same period.
Frequently asked questions
Has Artek Park launched?
MICL’s Q3 FY26 results summary records the project launch and reports sales during the quarter ended 31 December 2025. Some listings still call it pre-launch, so descriptions of its stage differ.
Where is Artek Park?
It is on Madhusudan Kalelkar Road in Kalanagar, Bandra East, Mumbai, within the BKC corridor and opposite Jio World Drive.
What home configurations are listed?
The project lists 3 BHK and 4 BHK apartments, penthouses and duplex penthouses.
What are the listed starting prices?
Listed starting prices are ₹8.50 crore for a 3 BHK and ₹11.50 crore for a 4 BHK. Penthouse prices are listed as available on request.
What is the MahaRERA number?
The project is listed with MahaRERA number PR1180002500855.
When is possession expected?
Published timelines differ: one source lists 2029 and another lists possession starting in June 2030.