Marathon Group
The Marathon Group is an Indian real estate development corporation, established in 1969 by Ramniklal Shah, Founder & Chairman.[1]
| Private | |
| Industry | Real estate |
| Founded | 1969 |
| Headquarters | Mulund, Mumbai |
Key people | Ramniklal Shah (Founder & Chairman) |
| Website | www.marathonrealty.com |
Marathon Realty Pvt. Ltd. is an Indian real estate development corporation. Marathon Group has several product offerings across segments from affordable to luxury, residential to commercial and office parks and locations spanning the length and breadth of the MMR. With over 80+ completed projects in MMR, Marathon has 18 million sqft. of project area, 2 million sqft of business spaces under development and has over 800+ acres of projected development area. Marathon Group has its base in the central Mumbai suburb of Mulund.
History
Although formally established in 1969, the company has had its influence in the growth of infrastructure of Mulund and Mumbai since 1922, when the founding families patriarch played an integral role in the master planning of 550 acres of land in Mumbai. Marathon has played a key role in the development of Mulund as a suburb and ensuring the high livability quotient it enjoys.
The Marathon Group was one of the first movers when the numerous mills dotting the cities landscape decided to open up their land for redevelopment with the acquisition of the Piramal Spinning and Weaving Mills land which now houses Marathon NextGen, Marathon Era, Maarathon Icon and Marathon Innova.
Current Projects
As of 2018,Marathon Realty is involved in the development of various projects ranging from luxury to affordable homes. The company is known for state of the art construction techniques that ensure delivery and quality while keeping costs in check.
Marathon Nextown
Marathon Nextown is a township located at Kalyan – Shil, a suburb of Thane.
Nextown is located off the arterial Kalyan-Shil road, with easy access to NH-3. NH-4 and Thane-Belapur road. It is in close proximity to several upcoming large infrastructure projects like the Airoli – Katai tunnel road and Vasai – Panvel rail line.
Marathon Nexworld
Marathon Nexworld is a mega-township in Dombivali with uniquely designed1 & 2 BHK apartments. Nexworld has a development potential of over 100 acres and is set to benefit from future developments undertaken by the MMRDA.
Marathon Nexzone
Marathon Nexzone is a large township in the Navi Mumbai suburb of Panvel. With important infra projects like the Trans-harbor sea link that will bring Panvel closer to the business districts of Mumbai. With the upcoming airport just a few minutes away, the area is bound to see a lot of development and social infrastructure.
NeoHomes
NeoHomes is a newly introduced sub brand within the Marathon umbrella. Focusing on affordable homes, the first two NeoHomes projects have apartments in studio and 1 BHK configurations in the central suburb of Bhandup (W).
Monte South
Monte South is a JV between Marathon Group and Adani Realty. Set on a large 12.5 acre land parcel, the site of the erstwhile Khatau Mills in Byculla, Monte South will now house luxury apartments with panoramic sea views. The two towers will stand 60 floors each and house over 700 families.
Other projects
Apart from these projects, Marathon has significant presence in the Mulund micro market of Mumbai and has several ongoing projects in this locality:
Marathon Monte Carlo: A luxury project, Monte Carlo offers large 4,5 and 6 BHK apartments in Mulund (W).
Marathon Millennia: Millennia, situated on the arterial LBS Road, has Corporate office spaces on the well connected going to be a Metro Station nearby.
Marathon Emblem: Emblem is a luxury project with large 3 and 4BHK apartments strategically situated on Mulund Goregaon Link Road.
Marathon Eminence: Marathon Eminence has 1 and 2 BHK affordable homes in the close proximity to Mulund station.
Futurex
Marathon Futurex is an IT and financial business centre situated in the heart of Mumbai at Lower Parel. Marathon Futurex is proposed to be the tallest commercial property in India. It is centrally located at the busy junction of Lower Parel and Curry Road. It is in close proximity of major business houses like Peninsula Corporate Park, Phoenix Mills, Kamala Mills. The project, being developed in the Mafatlal Mill land complex, has a total built-up area of about 1.1 million sq ft. Marathon Futurex has a system to manage, maintain and secure the commercial premises through a Building Management System.BMS controls technical security features like CCTV, all electronic equipments, access control system, lift system, water and electronics management systems. The BMS system enables micro-check on all aspects of the building to ensure a secure environment to work
Marathon Futurex is gold rated from the Indian Green Building Council (IGBC) for its eco friendly design concept and construction methodology.
Large multi national conglomerates like Zee and L’Oreal have offices in Marathon Futurex.