Adani Realty and Marathon Nextgen Join Hands for ₹3,400-Crore Mumbai Project

Adani Realty, the real estate arm of the Adani Group, has entered into a joint venture with Marathon Nextgen Realty Limited to develop a large-scale commercial project in Mumbai. Spanning 1.2 million sq. ft., the development carries an estimated Gross Development Value (GDV) of ₹3,400 crore. 

This collaboration strengthens Adani Realty’s presence in Mumbai’s real estate market and aligns with its vision of creating integrated, high-quality urban spaces.

Monte South Commercial: A New Business Destination

The newly announced Monte South Commercial project will offer a blend of office and retail spaces, designed to cater to modern businesses and premium retail brands. It will be part of the existing Monte South campus, which already includes four residential towers rising over 64 storeys and offering a total residential carpet area of more than 1.6 million sq. ft.

As per the news reports, Mayur Shah, Vice Chairman of Marathon Nextgen Realty Ltd, said, “Monte South Commercial will set a new benchmark for South Mumbai’s business landscape, combining design excellence, efficiency, and long-term value.” The project aims to redefine the commercial experience in South Mumbai by integrating convenience, design, and functionality.

Adani Realty’s Expanding Presence

Adani Realty continues to expand its portfolio across India’s major cities. As per company data, it has developed close to 31 million sq. ft. of real estate and has approximately 108 million sq. ft. under development. 

Its projects cover residential, commercial, and social infrastructure segments across Ahmedabad, Mumbai, Pune, and Gurugram, demonstrating a strong focus on sustainable and large-scale urban growth.

Read More: Why Adani Group Is Eyeing Sahara’s Assets?

Conclusion

The partnership between Adani Realty and Marathon Nextgen Realty marks a significant step in Mumbai’s evolving commercial real estate scene. With Monte South Commercial, the two companies aim to create a landmark destination that blends business functionality with contemporary design, contributing to the transformation of South Mumbai’s skyline.

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