STOCKWATCH
·
Residential- Commercial Projects
New Launch12 Nov 2025, 11:25 am

Marathon Nextgen Realty Launches Rs. 600 Crores Residential Development in Panvel

AI Summary

Marathon Nextgen Realty Limited announced the launch of Phase III of its flagship township, Marathon Nexzone, in Panvel. The new phase, titled The Nirvana Collection, spans over approximately 3 acres with an estimated RERA Carpet Area of around 4.90 lakh sq.ft. and an estimated Gross Development of Value in excess of X600 Crore. It comprises four premium towers of 28 storeys each, offering a wide range of luxurious 2BHK, 3BHK and select 4 BHK combination homes, along with two retail floors, four parking levels, and a 70,000 sq. ft. stilt-level covered and open to sky amenity zone. The project is strategically located in Panvel, which is rapidly emerging as one of the most promising destinations in the Mumbai Metropolitan Region with transformative infrastructure and growing connectivity.

Key Highlights

  • Marathon Nextgen Realty launches a new residential phase, The Nirvana Collection, in its flagship township, Marathon Nexzone, in Panvel.
  • The new phase spans over approximately 3 acres with an estimated RERA Carpet Area of around 4.90 lakh sq.ft. and an estimated Gross Development of Value in excess of X600 Crore.
  • It comprises four premium towers of 28 storeys each, offering a wide range of luxurious 2BHK, 3BHK and select 4 BHK combination homes.
  • The project includes two retail floors, four parking levels, and a 70,000 sq. ft. stilt-level covered and open to sky amenity zone.
  • Panvel is rapidly emerging as one of the most promising destinations in the Mumbai Metropolitan Region with transformative infrastructure and growing connectivity.
MARATHON
Residential- Commercial Projects
MARATHON NEXTGEN REALTY LTD.

Price Impact