Marathon Nextgen Realty Announces One of the Largest Commercial Projects in Mumbai in JV with Adani Realty: X3,400 Crore GDV Development
Marathon Nextgen Realty Limited (MNRL) has announced Monte South Commercial, a landmark office and retail development at Byculla in joint venture with Adani Realty. The project, with an approximate area of 1.2 million sq.ft. and an estimated Gross Development Value (GDV) of INR 3,400 crore, is a significant milestone in strengthening Marathon’s commercial portfolio in South Mumbai. The project is part of the larger Monte South campus, which comprises four residential towers with a total residential sale carpet area of over 1.6 million sq.ft. Monte South Commercial creates a complete live-work ecosystem, featuring Grade-A offices, premium retail zones, and world-class amenities designed for modern businesses. The project is set to offer efficient floor plates, distinctive architecture, and sustainable design, redefining business spaces in South Mumbai.
Key Highlights
- Marathon Nextgen Realty Ltd. and Adani Realty announce a joint venture for Monte South Commercial, a landmark office and retail development in Byculla, Mumbai.
- The project has an approximate area of 1.2 million sq.ft. and an estimated Gross Development Value (GDV) of INR 3,400 crore.
- Monte South Commercial is part of a larger Monte South campus, which includes four residential towers with a total residential sale carpet area of over 1.6 million sq.ft.
- The project aims to create a complete live-work ecosystem, featuring Grade-A offices, premium retail zones, and world-class amenities.
- Monte South Commercial is set to offer efficient floor plates, distinctive architecture, and sustainable design, redefining business spaces in South Mumbai.