Marathon Group
Encyclopedia
The Marathon Group is an India
n real estate development
corporation, established in 1969 by Mr. Ramniklal Shah, Founder
& Chairman .
The Marathon Group has developed over 70 projects with a built-up area of over 2000000 sq ft (185,806.1 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
.
entity to introduce the concept of modern town planning in its projects in the year 1922. 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:
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n real estate development
Real estate development
Real estate development, or Property Development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others...
corporation, established in 1969 by Mr. Ramniklal Shah, Founder
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
& Chairman .
The Marathon Group has developed over 70 projects with a built-up area of over 2000000 sq ft (185,806.1 m²). The Group’s ongoing projects, worth over 1 billion USD, are likely to create over 8 million
Million
One million or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian millione , from mille, "thousand", plus the augmentative suffix -one.In scientific notation, it is written as or just 106...
sq. ft. in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
in next few years and tied up land bank in Mumbai Metropolitan
Metropolitan
Metropolitan may refer to:* A metropolis* A metropolitan area* A metropole, "mother country", or central part of a colonizing state* Metropolitan bishop or archbishop, leader of an ecclesiastical "mother see"...
Region of around 1000 acres. The Group has developed many High-rise residences and Corporate & IT parks in an around Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
.
History
The Marathon Group was the first private sectorPrivate sector
In economics, the private sector is that part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state...
entity to introduce the concept of modern town planning in its projects in the year 1922. 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 FuturexMarathon FuturexMarathon Futurex is an IT and financial business centre launched recently by the Marathon Group at Lower Parel, Mumbai. Marathon Futurex is proposed to be the tallest commercial property in India. It is centrally located at the busy junction of Lower Parel and Curry Road. It is in close proximity...
(Lower Parel) - Marathon ICON (Lower Parel)
- Integrated Townships
- Marathon Nexzone (Panvel)