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Aamir Khan’s Housing Society Redevelopment: MICL to Launch Ultra-Luxury Project in Pali Hill by December 2025

Mumbai’s elite Pali Hill in Bandra is all set for a high-profile transformation, with Bollywood megastar Aamir Khan’s housing society gearing up for redevelopment. Leading the charge is Man Infraconstruction Limited (MICL), in collaboration with Wadhwa Group and Chandak Group, who together form Atmosphere Realty—a joint venture aiming to redefine luxury living in one of Mumbai’s most coveted addresses.

A Star-Studded Address with a Grand Plan

The redevelopment of Virgo Cooperative Housing Society, where Aamir Khan owns around 12 apartments, will make way for an ultra-luxury residential project, expected to launch by December 2025. The actor, along with other existing residents, will receive units in the rehabilitation section of the development.

MICL’s Managing Director, Manan Shah, confirmed that the project is currently in the approval stage. “We, along with our partners, are working on the documentation with the society,” Shah said in a statement to HT.com.

In December 2023, MICL revealed that the redevelopment will be executed through one of its associate entities, in which it holds a 34% stake.

Aamir Khan’s Real Estate Moves

Adding to his impressive property portfolio, Aamir Khan recently acquired another property in Pali Hill, measuring 1,027 sq ft, for a whopping ₹9 crore. The transaction was finalized in June 2025, with the actor paying ₹58.5 lakh in stamp duty and ₹30,000 in registration charges, according to documents accessed by Square Yards.

Why This Project Matters

The MICL-led redevelopment is set to elevate Pali Hill’s luxury quotient, blending modern design with the legacy charm of one of Mumbai’s most exclusive neighborhoods. Known for its celebrity residents, green cover, and strategic location, Pali Hill is already a top draw for elite buyers and investors.

With MICL, Wadhwa, and Chandak Group coming together, the redevelopment is expected to bring world-class amenities, exclusive residences, and premium lifestyle features to the table, making it one of the most anticipated project launches of 2025.

Conclusion
Aamir Khan’s Pali Hill address is not just a home—it’s a real estate headline. With redevelopment in motion and luxury reimagined, this project is poised to attract both attention and admiration in Mumbai’s ever-evolving skyline.

Posted by houzyy news desk on April 21, 2025

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