Real Estate Mumbai

Marathon Nextgen to Acquire Adani's 60% Stake in Mumbai Project

By GeoSquare News Desk · Published 2026-11-01

Marathon Nextgen Realty has agreed to acquire Adani Group's 60% stake in the Monte South project in Mumbai for Rs 335 crore. The deal marks a significant shift in the ownership of one of the city's premium residential developments.

Project Overview

Monte South, located in Mumbai, was Adani Group's first premium real estate venture in the city. The project has been positioned as a high-end residential offering, catering to discerning buyers. With this acquisition, Marathon Nextgen will take full control of the project, ensuring continuity and fresh momentum.

What This Means for Buyers and Investors

For existing and prospective homebuyers, the change in ownership is unlikely to disrupt the project's timeline or quality. Marathon Nextgen, with its established track record in real estate, is expected to bring operational expertise and financial stability to the table. Investors may view this as a positive signal, reflecting confidence in Mumbai's luxury housing segment.

The transaction also underscores a broader trend of consolidation in Mumbai's real estate market, where established players are strengthening their portfolios. As the deal progresses, stakeholders will be watching for further announcements regarding project delivery and any new developments.

With the Mumbai property market showing resilience, this acquisition could set a precedent for similar strategic moves in the near future.