Monday, June 24, 2019

Marathon Group launches 2nd phase of Kalyan-Shil township - Nextown

Marathon Group, one of Mumbai’s leading developers and pioneers of township projects in fast growing parts of MMR, has announced the launch of the much-awaited Phase 2 of their successful township project in Kalyan-Shil - Nextown.

Nextown phase 2 will have 8 new towers with a potential of 1500+ affordable homes being developed in the coming years. The tower being launched first is called Pearl. Perhaps the most exciting product in this new tower is the 2 BHK smart. With a RERA carpet area of 520 sq ft, it provides the advantage of 2 rooms, at almost the price of a 1 BHK. It’s great for new families, where the second room can be used as a kid’s room, a work space, or a prayer room. Both 1 & 2 BHK options are available, priced very competitively - 1 BHKs starting at 38 Lakh and 2 BHK starting at 47 Lakh.

All apartments are east-west facing and have excellent natural light coming in, and ventilation. They also get a 2.6ft wide flowerbed, which runs continuously from the living room to the bedroom.

The 1st phase of Nextown has 6 towers of which 3 have been delivered and more than 200 residents presently stay in the township. The remaining 3 will be delivered by June 2021.

Commenting on the launch of the Pearl launch, Mayur Shah, MD Marathon Group & former president CREDAI MCHI has said, "Back in the early 2000's, most developers were focusing on developing high-end residential apartments in Mumbai. We realized that these developments, while profitable, were out of reach for most customers. Our aim was to create great homes with thoughtful floor plans, brilliant views and great lifestyle amenities but within a reasonable budget. We explored locations that had tremendous growth potential and seamless connectivity and conceptualized our Nex-series of projects - modern townships with stunning high-rises in future ready locations. We have launched townships at Badlapur, Panvel, Dombivli, and Kalyan-Shil. Nextown is one of the best townships we are developing, and Phase 2 is set to create more than 1500 new affordable homes in Kalyan-Shil.”

About Marathon Group:

Marathon Group is a 50-year-old Mumbai based real estate development company that has completed over 80 projects in the city. The group is proud to have provided homes for more than 5,500 families, retail space for 400 retailers and offices for 350 businesses.

Marathon is currently building several townships in the fastest growing neighborhoods, affordable housing projects, ultra-luxury skyscrapers, standalone towers, small offices and large business centers, with projects spread across the Mumbai Metropolitan Region (MMR), with over 18mn sq ft of land currently under development, and a plan to deliver more than 15000 homes in the next 5 years.