Marathon Group
| Private | |
| Industry | Real estate |
| Founded | 1969 |
| Headquarters | Mulund, Mumbai |
Key people |
Mr. Ramniklal Shah (Founder & Chairman) Mr. Chetan R Shah (Vice Chairman) Mr. Mayur R Shah (Managing Director) |
| Website | www.marathonrealty.com |
The Marathon Group is an Indian real estate development corporation, established in 1969 by Mr. Ramniklal Shah, Founder & Chairman.[1]
The Marathon Group has developed over 70 projects with a built-up area of over 2,000,000 sq ft (190,000 m2). The Group’s ongoing projects, worth over 1 billion USD, are likely to create over 8 million sq. ft. in Mumbai in next few years and tied up land bank in Mumbai Metropolitan Region of around 1000 acres. The Group has developed many High-rise residences and Corporate & IT parks in an around Mumbai.[2]
History
The Marathon Group was the first private sector entity to introduce the concept of modern town planning in its projects in the year 1972(Marathon est. in 1969). Using the low risk, high return land bank model in India, the Group developed mill land properties after resolving complex labour and asset reconstruction issues in Mumbai. The projects completed till date are:
- 1972: Marathon Poonam (Mulund)
- 1986: Marathon Olympic (Mulund)
- 1990: Marathon Antariksh (Mulund)
- 1996: Marathon Galaxy (Mulund), Mount View (Mulund), Virayatan (Mulund)
- 1997: Marathon Heights (Worli), Udyog Kshetra (Mulund)
- 1999: Marathon Heritage (Vikhroli)
- 2001: Marathon Galaxy (Mulund)
- 2003: Marathon Max (Mulund), Marathon Maxima (Mulund)
- 2004: Marathon Chambers (Mulund), Marathon NextGen Era (Lower Parel), Marathon NextGen Innova (Lower Parel), Marathon NextGen Emperor (Lower Parel)
- 2005: Marathon Omega (Lower Parel), Marathon Vastu (Airoli)
Projects
- Residential (high rises)
- Marathon NextGen Era (Lower Parel)
- Marathon Monte Carlo (Mulund West)
- Marathon Monte Vista (Mulund West)
- Marathon Onyx (Mulund West)
- Residential (Affordable Housing)
- Marathon Nagari (Badlapur East)
- Commercial
- Marathon Max Phase 2 (Mulund West)
- Marathon Monte Plaza (Mulund West)
- Corporate IT Parks
- Marathon NextGen Innova (Lower Parel)
- Marathon Futurex (Lower Parel)
- Marathon ICON (Lower Parel)
- Integrated Townships
- Marathon Nexzone (Panvel)
References
- ↑ "Marathon Realty". India Server.
- ↑ "Marathon Realty To Set Up IT SEZ Near Mumbai". Realty Plus. August 29, 2008.