Migsun Group plans to diversify portfolio, says MD Yash Miglani

Migsun Group is working on diversifying its portfolio by taking up a wide range of residential and commercial projects. “We are looking forward to develop more villas and retail projects”, said Yash Miglani, MD of Migsun Group, in an interview. Concurrently, he stressed that, “We will never compromise with our quality, customer engagement and integrity towards timely delivery.” The Group, he said, “believes in providing the swiftest deliveries to our customers and gaining their continued trust through quality and productivity.”

The following is the text of the Interview:

Question: What was the idea behind establishing Migsun Group?

Answer: Basically, Migsun Group was established by Mr Sunil Miglani back in 1990s with the sole aim of providing a strong backbone to the real estate enterprise and started off by creating small builder floors and raw houses in Delhi-NCR. Our CMD and Chairman envisioned venturing into larger verticals that would give our customers an extravagant shopping space and living option. It was then when we ventured into our first group housing project. Our idea was to uplift the Indian infrastructure industry on the global arena. And, today we can say that we are walking the right path through the years to make a mark for ourselves as we had perceived all those years ago.

Q: Could you give us a brief on how the foundation was laid?

A: Mr. Harbans Lal Miglani, a renowned hockey player and father of our CMD, had laid the foundation of the Group in 1990. The only vision we had back then was the concept of ‘housing for all’ which is why we took up all kinds of development projects that would suit the need of our customers and their varied budgets. Mr Miglani’s belief of self-empowerment through innovation and optimism is what led to the foundation of the Migsun Group back then.

Q: And, how do you plan to take the legacy forward?

A: We are looking forward to the amalgamation of fresh and inherited approach to carry the legacy along. We believe in providing the swiftest deliveries to our customers and gaining their continued trust through quality and productivity; this is why we have managed to be consistent with our positive reviews and ratings by the customers. We plan to continue with our principles and work approach because that makes Migsun the most trusted infrastructure development company. We are currently working on diversifying our portfolio by taking up a wide range of residential and commercial projects; we are looking forward to develop more villas and retail projects. We will never compromise with our quality, customer engagement and integrity towards timely delivery.

Q: Where are you placed currently in terms of your projects?

A: Currently, we are working on about 40 developed and under-construction projects spread in about 2 crore sq. ft. in and around North India. We continue our endeavour and create the most sustainable projects with the most modern finishing. Our flourishing constructions in Raj Nagar Extension, Noida, and Greater Noida speak distinctly about the admiration and trust that people have put in us. We are also flourishing in our venture plans in hospitality, film production, Skill India and education. We are dedicated to cater to the changing needs of India with no compromise to our core principles that consist of Timely Delivery, Transparency and Teamwork, which has set us apart in the business.

Q: Your parting words…

A: We will continue to put in our best efforts to give the buyers what they need; this is why we have also ventured into restarting the stuck under-developed projects in and around North India. We have already announced the plan to reconstruct around five to seven stalled projects in Greater Noida and have invested around Rs. 5,000 crore so far. A lot more work is in the pipeline. So, our buyers are definitely up for some amazing surprises.