Maharashtra Tribunal blames developer’s ‘greed’ for Panvel project delay and orders interest compensation to the buyer

The Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s Sanvo Resorts Pvt Ltd to pay interest to a homebuyer for the delayed possession of an apartment in its Marathon Nextzone project in Panvel, near the upcoming Navi Mumbai International Airport (NMIA). Delayed possession: Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s […]

Mumbai real estate: Marathon Nextgen Realty launches housing project worth ₹370 crore in Bhandup

Mumbai-based Marathon Nextgen Realty Ltd has announced the launch of three new residential towers in Mumbai’s Bhandup, with a total project value of ₹370 crore, the company said in a statement on November 13. Mumbai-based Marathon Nextgen Realty Ltd has announced the launch of three new residential towers in Mumbai’s Bhandup The launch includes a […]

Adani Realty and Marathon Nextgen join forces for ₹3,400 crore commercial and retail project in South Mumbai

Adani Realty and Mumbai-based listed developer Marathon Nextgen Realty Limited have partnered to develop a commercial and retail project in Byculla, Mumbai, with a gross development value (GDV) of ₹3,400 crore. The project, named Monte South Commercial, will be executed as a joint venture between Marathon Nextgen Realty and Adani Realty, spanning approximately 1.2 million […]