Marathon Nextgen Realty and Adani Realty Collaborate on ₹3,400 Crore Commercial Project in Mumbai
Marathon Nextgen Realty and Adani Realty have joined forces to develop Monte South Commercial, a 1.2 million sq.ft. Grade-A office and retail project in Byculla, Mumbai, with an estimated gross development value of ₹3,400 crore. The project aims to create a comprehensive live-work ecosystem in South Mumbai.
Real EstateCommercial ProjectMumbaiMonte South CommercialMarathon Nextgen RealtyReal Estate MumbaiOct 20, 2025
The Monte South Commercial project is part of a larger mixed-use development that aims to create a comprehensive live-work ecosystem in Mumbai's urban core. Here are the key details of the project:
- Total Area : Approximately 1.2 million sq.ft.
- Estimated Gross Development Value : ₹3,400 crore
- Location : Byculla, Mumbai
- Project Type : Grade-A offices and premium retail zones
The commercial project is part of the larger Monte South campus, which includes residential development:
- Total Residential Area : Over 1.6 million sq.ft. (carpet area)
- Number of Residential Towers : 4
- Tower A : Received Occupation Certificate
- Tower B : Topped out in RCC
- Tower C : Reached 12th slab
- Tower D : Yet to be launched
Monte South Commercial is designed to offer a unique proposition in Mumbai's real estate market:
1. Integrated Community : The project promotes a walk-to-work culture by combining residential and commercial spaces in a single location.
2. Prime Location : Situated in the heart of Byculla, it offers strategic positioning for businesses.
3. Modern Amenities : The development will feature world-class amenities tailored for modern businesses.
4. Sustainable Design : Following the success of Marathon Futurex in Lower Parel, this project emphasizes sustainable and high-performance commercial spaces.
Mr. Mayur Shah, Vice Chairman of Marathon Nextgen Realty Ltd., expressed confidence in the project, stating, 'Monte South Commercial will set a new benchmark for South Mumbai's business landscape — combining design excellence, efficiency, and long-term value.'
This joint venture between Marathon Nextgen Realty and Adani Realty represents a significant development in Mumbai's commercial real estate sector. As the project progresses, it has the potential to reshape the business landscape in South Mumbai, offering modern, sustainable, and integrated work spaces in a prime location.
Disclaimer: This article contains forward-looking statements based on current expectations and projections about future events. Actual results may differ materially from those expressed or implied in such statements.
Frequently Asked Questions
What is the total area of the Monte South Commercial project?
The Monte South Commercial project covers approximately 1.2 million sq.ft.
What is the estimated gross development value of the Monte South Commercial project?
The estimated gross development value of the Monte South Commercial project is ₹3,400 crore.
Where is the Monte South Commercial project located?
The Monte South Commercial project is located in Byculla, Mumbai.
What are the key features of the Monte South Commercial project?
Key features include Grade-A offices, premium retail zones, and a comprehensive live-work ecosystem with modern amenities and sustainable design.
Who are the partners in the Monte South Commercial project?
The Monte South Commercial project is a joint venture between Marathon Nextgen Realty Limited (MNRL) and Adani Realty.
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