Marathon Group & Adani Realty jointly develop luxury project in Mumbai
Last Updated on, December 4, 2018
As featured in Newsbarons
Marathon Group, a leading real estate company from Mumbai and Adani Realty, part of India’s top infrastructure and development conglomerate, are jointly developing a premium residential property in Mumbai.
Witnessing a gradual vitality in the market, in tandem with these conditions and to match the forthcoming rise in demand for luxury property, the Group is set to launch the 2nd tower of its ambitious luxury project soon.
Monte South is developed on 12+ acres of Khatau Mills at Byculla. It is one of the last few available large mill lands in South Mumbai. Monte South offers a mix of 2.5, 3.5 BHK and combination apartments of sizes in the range of RERA carpet areas 1150 sq.ft to 1800 sq.ft, with the second tower set to launch soon.
With over 43 slabs of construction completed for the 1st tower, the JV partners recently unveiled its swanky, new dream flat on the 28th floor of the first tower with Mr. Pranav Adani attending the inauguration ceremony. The dream flat has been designed by award winning ZZ architects and sets a new benchmark for luxury dream flats.
“We wanted to create the dream flat in the actual tower, so that potential customers can experience the sheer opulence of the project. The dream flat enjoys superb views and has received rave reviews from visitors,” said Mr. Mayur Shah, Managing Director, Marathon Group.
“We are delighted to witness the recovery in the luxury market segment. With Monte South, we wanted to set a new benchmark for luxury projects. While most luxury projects in the city are offering compact residences, at Monte South we decided to offer large spaces that exhibit our passion for spaces. Our aim is to provide an unparalleled experience of luxury with ultra spacious apartments. With this project we are not only delivering a luxurious residential property, but also attempting to provide the city with an iconic structure that will give a new identity to South Mumbai,” said Mr Shah.
The project is constructed with Korean Kumkang formwork technology for a durable structure and fast pace of construction. It has been designed by renowned architect Hafeez Contractor and the project has bagged several awards including Asia-Pacific Property awards for Best Residential High Rise Architecture and Best Residential High Rise Development.
It includes some incredibly unique amenities like private beach volleyball above 8th level podium and Amazon themed landscape designed by international landscape consultant LSG, huge open spaces of uptill 45,000 sqft within the project premises, a rare luxury in the space starved city of Mumbai. Other amenities include a Jain temple, 8 level podium parking, pergolas, multi-purpose sports court, clubhouse and gymnasium, cutting edge recreational facilities like skating rink, swimming pool, jogging trail, golf putting range, kids play area, palm court, pool deck, senior citizens corner, Lotus Pond, and breath-taking views of the ever-busy city.
Mr. Mayur Shah said, ‘We wanted to create not just amenities, but experiences for the residents of Monte South’