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Marathon Group launches Phase II of its flagship township project in Panvel – Marathon Nexzone

Marathon Group launches Phase II of its flagship township project in Panvel – Marathon Nexzone

With Phase II, the Group brings the much in demand 1BHK to the Panvel micromarket

Mumbai, 16th Jan, 2020: Marathon Group, one of the prominent real estate companies in Mumbai, has launched phase II of its flagship township project, Marathon Nexzone in Panvel. After the success of Phase 1 of the project where more than 2,200 apartments have been sold and more than 1,000 homes have already been delivered, Phase II of Marathon Nexzone will bring the much-in-demand 1BHK configuration to the project.

Panvel – set to take off

Marathon Nexzone is located just 6kms from the upcoming Navi Mumbai International Airport and right on the NH4 Highway. Several upcoming mega-infrastructure projects are extremely promising for the real estate landscape in Panvel. The proposed Trans Harbor Sea link will provide direct road connectivity to the mainland, the upcoming metro corridors, the CST-Panvel elevated AC rail corridor, the proposed 63 hectare commercial hub at Khargar dubbed ‘BKC II’ and projects like the Virar-Alibaug multimodal corridor make Panvel an incredible investment destination.

‘One of the advantages we have over the other larger players in the region is that we’re the closest to the airport and at the most advanced stage of construction. We’re very excited to be in the middle of all this infrastructure development around us. In fact some of our original customers have seen an appreciation of more than 120%’, said Mr. Samyag Shah, Director, Marathon Group

Phase II of Marathon Nexzone

Marathon Nexzone Phase II is set to have 4 towers of 33 storey each with 20000 sqft of retail space & a plethora of podium amenities. Marathon Group is currently launching the first 2 towers in Nexzone Phase II - Daffodil & Cedar.

"Our ambition is to create great homes with thoughtful floor plans, brilliant views & great lifestyle amenities within a reasonable budget. So we scouted for locations that had superb growth potential as well as seamless connectivity and conceptualised our Nex series of projects - modern townships with stunning high-rises in future-ready locations. We've launched townships at Badlapur, Panvel, Dombivli, and Kalyan-Shil. Nexzone is one of the best townships we are developing", said Mr. Mayur Shah, MD Marathon Group

Phase II will have a mix of both 1 & 2BHK homes with prices starting 44L for the 1BHK & 62.5L for the 2BHK.

Mr Samyag Shah - Director Marathon Group has said, "Nexzone has built a strong legacy over the past 9 years. We have sold more than 2200 homes here & already delivered over 1000 of them in a challenging market. With Phase II we are looking to complete the whole picture by bringing in 1BHKs at Nexzone. Since our launch, this has been one feedback that we received from our customers & channel partners alike. There is a big demand for spacious 1BHK homes in the area which are not only closer to the up-coming airport but also is set up in an area which has a thriving social infra."

The 1 BHK apartments in Phase II are thoughtfully designed to minimize long drawn passages & thus provide more usable carpet area. It has large edge to edge windows which allow plenty of natural light & great ventilation. It also has additional storage niches 4 ft wide & 2 ft deep in the bedroom. This coupled with a floor to ceiling height of 2.9meters, provides plenty of storage options without taking any corner space from the room area.

Probably the best feature of the 1BHKs however, is the 5ft 4 inch wide balconies accessible from the living room. A wider balcony as compared to a long & narrow one from most contemporary developers in the area, means customers can customize it according to their need. It can be a terrace garden, a cosy outdoor seating or reading spot or even a mix of both. The Balconies also have spectacular views of the lush green surrounds

Phase II is set to have a large podium common between the 4 towers. This space will have a separate kid's play area, a jogging track, landscaped garden & a fully equipped gym and a dedicated indoor games room as part of the clubhouse of the project. 20,000 sqft of retail space is to be housed in the first 2 floors - meaning customers will never have to step out of the campus for most of your daily needs.

Project Highlights

·         16 towers with over 2200 customers already

·         1000+ homes delivered with OC in Phase 1

·         Phase 2 will have 4 towers and introduces the 1BHK for the 1st time at Nexzone

·         Amongst the large players in Panvel, Nexzone is located the closest to the upcoming airport

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 18million sqft of land currently under development, and a plan to deliver more than 15000 homes in the next 5 years.


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