Post by : Bianca Suleiman
Mumbai’s eastern suburb of Bhandup is set for a significant real estate boost as Marathon Nextgen Realty Ltd (MNRL) launches three new residential towers valued at ₹370 crore. Spread across multiple projects, the development marks another milestone in the company’s ongoing expansion in the city.
The centerpiece of the launch is a new residential project within the 6.5-acre Neo Park layout. Spanning 5,100 sq. m of land, it offers around 1.2 lakh sq. ft. of saleable carpet area with a Gross Development Value (GDV) estimated at ₹200 crore.
In addition, MNRL is rolling out the second tower of Neovalley Narmada and the third tower of Neo Park Ashoka. Together, these towers add roughly 1 lakh sq. ft. of residential space, contributing an additional GDV of ₹170 crore. Combined, these projects introduce 2.2 lakh sq. ft. of premium Neohomes in Bhandup.
The area has emerged as a hotspot for homebuyers, thanks to improved connectivity and infrastructure upgrades such as the Goregaon–Mulund Link Road and the upcoming Shangrila Metro Station. Marathon’s earlier Neohomes in Bhandup, including Neosquare, have already been delivered, with new phases nearing completion.
Over the years, Bhandup’s transformation has made it one of Mumbai’s most promising residential hubs, blending lifestyle amenities with strong transport links. Marathon Nextgen’s continued investments are expected to further fuel the suburb’s housing market and attract a mix of end-users and investors.
With a track record of over 100 completed projects across Mumbai Metropolitan Region and an existing portfolio covering 6.2 million sq. ft., Marathon Nextgen Realty continues to strengthen its presence in key growth corridors of the city.
Mumbai Indians Bolster Their Roster with Rutherford and Thakur for IPL 2026
Mumbai Indians reinforce their squad by signing Sherfane Rutherford and Shardul Thakur, enhancing th
Bumrah's Brilliant Spell Leads India to Bowl Out South Africa for 159 in First Test
India's Jasprit Bumrah shines with 5 wickets as South Africa collapses to 159 on Day 1 of the Test a
Bangladesh Secures Commanding Innings Victory Over Ireland in Sylhet
In Sylhet, Bangladesh defeated Ireland by an innings and 47 runs, showcasing exceptional batting and
Chadwick Boseman to Receive Posthumous Star on Hollywood Walk
Chadwick Boseman will be honored with a posthumous star on Hollywood's Walk of Fame on November 20,
Roberto Martinez Critiques Harshness of Ronaldo's Red Card in Ireland Match
Portugal's coach, Roberto Martinez, defends Ronaldo after his first red card impacts a 2-0 loss to I
Luis Rubiales Egged at His Book Launch in Madrid
Luis Rubiales faced an egg-throwing incident by his uncle during his book launch, further complicati
