Marathon NextGen Realty has launched a major ₹6 billion residential development in Panvel, marking a significant milestone in the firm's expansion. The project focuses on delivering quality housing in the rapidly growing Navi Mumbai region, harnessing key infrastructure developments nearby to attract homebuyers seeking affordable yet premium homes.
Marathon NextGen Realty has announced the launch of a ₹6 billion residential development in Panvel, reinforcing its pioneering role in Mumbai’s expanding real estate market. The project aims to provide high-quality, well-planned homes catering to the increasing demand in Navi Mumbai, a region poised for significant growth given new infrastructure projects and connectivity improvements.
Key highlights of this development include:
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Strategic location in Panvel, close to upcoming transport hubs and infrastructure corridors, enhancing accessibility for residents
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Focus on premium but affordable housing, catering to middle-income families and young professionals
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Integration of modern amenities and sustainable design, aligning with Marathon NextGen’s reputation built over 50+ years and over 80 projects completed in Mumbai
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A continuation of the company’s successful Panvel and Navi Mumbai ventures, leveraging early land acquisition advantages in high-growth zones
This residential launch comes amid growing investor interest in Navi Mumbai’s realty sector, driven by projects like the Trans-Harbor Sea Link and metro expansions. Marathon NextGen’s development promises to blend comfort, convenience, and connectivity, supporting community-centric living in a fast-evolving suburban hub.
Sources: Marathon NextGen Realty, Economic Times, Business Standard, CNBC-TV18.