Marathon Nextgen Realty launches Rs 600 Crore residential project in Panvel
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Marathon Nextgen Realty launched Phase III of its Marathon Nexzone township in Panvel, called The Nirvana Collection. The project spans around 3 acres with about 4.90 lakh sq ft RERA carpet area and an estimated Gross Development Value exceeding Rs 600 Crore. It includes four 28-storey towers offering 2BHK, 3BHK and 4BHK homes plus retail space. The project is pre-certified as an IGBC Silver rated green building. Earlier phases have already seen over 3500 homes sold, with more than 2500 delivered.
Adds a large new phase to the existing township, boosting future revenue potential and supporting Panvel expansion as demand grows.