Future holds promise for luxury real estate. Marathon Group and Adani Realty fast track operations of JV project at Byculla.
43 slabs of Monte South tower 1 constructed, completion expedited
Tower 2 set to launch soon
Lavish dream flat on 28th storey unveiled
Plush residential project features 2.5 BHK, 3.5 BHK & combination apartments
Boasts incredible amenities and facilities like a beach above the 8th level podium
In close proximity to healthcare and education infra, and transit system
Mumbai, May 24, 2018:
As real estate market conditions continue to improve, the future is looking bright for luxury properties in the city. Monte South – a premium residential property at Byculla, a joint venture between Mumbai-based real estate developers, the Marathon Group, and Adani Realty – has begun witnessing gradual vitality in the market. Owing to favourable sentiments and the forthcoming rise in demand for luxury property, operations at Monte South have sped up. Over 43 slabs of the first tower have been constructed, and the brands will also be looking to launch a 2nd tower soon. Prospective buyers will now also be able to see a new dream flat on the 28th storey, designed by multi award-winning ZZ Architects.
Monte South is being developed across 12+ acres of land that previously housed the Khatau Mills, one of the last remaining large land parcels in South Mumbai. The project 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., starting at Rs. 3.9 Cr.
“We are delighted to witness the zing in the luxury market segment. Producing an uber product that matches the likes of the modern buyer has been possible due to the joint efforts of the company and our elite business partner. With this project we are not only delivering a luxurious residential property but are attempting to provide the city with an iconic structure that will give a new identity to south Mumbai,” said Mayur Shah, Managing Director, Marathon Group and President CREDAI MCHI. “Luxury has always been a hallmark of South Mumbai in ways that are truly iconic. We envisioned creating something that would provide an unparalleled experience and instil pride in every home owner, so we created a property that offers panoramic sea views, large apartments, superlative construction quality and absolutely unique amenities,” he added.
The construction at Monte South involves state-of-the-art Korean Kumkang formwork technology for a durable structure and fast pace of construction. Designed by renowned architect, Hafeez Contractor, it has bagged multiple awards including a luxury project of the year 2018, and Asia-Pacific Property awards for Best Residential High Rise Architecture and Best Residential High Rise Development.
Thanks to the large plot available for development, some of the amenities planned are unprecedented. Perched above the 8th level podium will be things like a beach with an artificial water body, an Amazon-themed landscape designed by international landscaping firm LSG, and a multi-purpose sports court. There’s also 45000 sq.ft of open space within the project premises, a rare luxury in a space starved city like Mumbai. Other amenities include a Jain temple, 8 levels of podium parking, a well-equipped clubhouse and gymnasium, cutting-edge recreational facilities like a skating rink, swimming pool, jogging track, kids’ play area, golf putting range, and a senior citizens corner. “We wanted to create not just amenities, but experiences for the residents of Monte South,” said Mayur Shah.
What’s an added benefit to home buyers at Monte South is its proximity to top-notch educational, commercial and healthcare facilities. Situated in the heart of South Mumbai, it also ensures ease of conveyance for its residents with propinquity to business areas around the city, and arterial roads like the Eastern and Western express highway, and the Eastern freeway.
Marathon Group has been a pioneer in using diverse construction technologies in the real estate market. Comprehensive research, superlative quality of construction and customer satisfaction remain cornerstones of the company’s policies. Marathon Group goes far beyond delivering just a home by combining a complete living experience with ingenious facilities to provide comfortable and luxurious living to all its residents.
The project has been registered via MahaRERA registration number: P51900001936 / P51800001779 / P51800001681 / P51800001585 / P51900001346 / P51800002818 and is available on the website https://maharera.mahaonline.gov.in under registered projects.
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Marathon Group is a 49-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 5,000 families, retail space for 400 retailers and offices for 350 businesses. Marathon is currently building several townships in the fastest growing neighbourhoods, 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 18mn sqft of land currently under development, and a plan to deliver more than 15000 homes in the next 5 years.
Adani Realty is one of the youngest arms of India’s top infrastructure and development conglomerate – the Adani Group. With a commitment to getting India at par with the most advanced countries around the world, the Group has begun development in the most promising cities, integrating the finest design aesthetics with cutting edge construction technology. As part of the Adani Group, the Group has a legacy of trust and excellence, that they live up to; a fact that has driven them to achieve a lot in a relatively short period of time. At present, they are developing over 69 million sq. ft. of residential, commercial and social club projects across Ahmedabad, Mumbai, Gurgaon, Mundra and Kochi.