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Micro Mitti to invest INR 300 crore in Indore commercial project targeting GCCs and AI firms

#Taxation & Finance News#India
Last Updated : 13th May, 2026
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Synopsis

• Micro Mitti will invest around INR 300 crore in a new commercial project in Indore as part of its expansion plans.
• The project, named ‘Cybercity by Micro Mitti’, is spread across 2.3 acres and will offer 4.48 lakh sq ft of leasable space.
• The development will mainly include office spaces along with supporting retail areas.
• The company aims to cater to Global Capability Centres (GCCs) and AI-led enterprises through the project.
• Construction is underway, and the project is expected to be completed by April 2029.

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Realty firm Micro Mitti has announced plans to invest around INR 300 crore in a new commercial development in Indore, as the company looks to expand its presence in the commercial real estate market.


The company recently launched ‘Cybercity by Micro Mitti’, a commercial project spread across a 2.3-acre land parcel in Indore. The development will offer a total leasable area of around 4.48 lakh sq ft. A major portion of the space has been planned for office use, while the project will also include supporting retail spaces.

Construction work on the project is currently underway, and the company expects to complete the development by April 2029.

Commenting on the project, Manoj Dhanotiya, Founder and CEO of Micro Mitti, said the company is seeing a broader shift in demand where global firms are increasingly exploring opportunities beyond metro cities. He noted that Tier II cities such as Indore are now emerging as strong destinations for business expansion and commercial investments.

He further stated that the upcoming project is being designed to cater to Global Capability Centres (GCCs) and companies working in AI-led sectors. According to Dhanotiya, the INR 300 crore investment reflects the company’s long-term confidence in Indore’s potential to develop into a competitive destination for technology-driven businesses and global operations.

Indore has been witnessing increasing interest from commercial developers and occupiers over the past few years due to improving infrastructure, lower operational costs compared to metro cities, and rising demand for organised office spaces. Several developers have also been expanding their commercial portfolios in Tier II cities as companies look at alternative business hubs outside major metropolitan regions.

Founded in 2023, Micro Mitti has launched three projects so far across plotted developments, premium bungalow-style residential apartments, and commercial real estate segments. The latest commercial launch marks the company’s continued focus on expanding its portfolio in emerging urban markets.
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