Mumbai, April 1 -- Man Industries (India) announced that Merino Shelters, Wholly-owned Subsidiary of the Company has entered into a Deed of Assignment along with granting of development rights on 31 March, 2025 for its piece and parcel of land of approx. 6 Acres Opp. D.Y. Patil Stadium, Navi Mumbai, Maharashtra with Paradise Green - Spaces LLP, part of Paradise Group.

Paradise Group is a trusted name in real estate known for creating legacies through exceptional residential and commercial projects. With an unwavering commitment to delivering world-class developments, they have already completed 8 Million sq. ft. construction and 30 Million sq. ft. is being developed with their strong presence across Navi Mumbai and MMR.

In view of the a...