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Marathon Nextgen Realty has partnered with Adani Realty to develop Monte South Commercial, a large-scale office and retail project in Byculla, Mumbai, covering around 1.2 million sq ft with a gross development value of INR 3,400 crore. The project is part of the Monte South campus, which already features four residential towers over 64 storeys totaling more than 1.6 million sq ft of saleable area. The collaboration strengthens Adani Realty's presence in central Mumbai's office market while expanding Marathon's footprint, responding to growing demand for integrated commercial and residential developments.
Marathon Nextgen Realty has joined forces with Adani Realty to develop Monte South Commercial, a major office and retail project in Byculla, Mumbai. Spanning approximately 1.2 million sq ft, the project is expected to have a gross development value of INR 3,400 crore. It is part of the larger Monte South campus, which includes four high-rise residential towers rising over 64 storeys with a total residential sale carpet area exceeding 1.6 million sq ft. Advertisement
The commercial project will offer premium office spaces, retail zones, and modern amenities designed to create a well-integrated work and business environment. It represents Adani Realty's entry into the central Mumbai office market and strengthens Marathon Nextgen Realty's existing presence in the city. Construction timelines are expected to align with the ongoing residential towers to ensure a cohesive campus development.
This venture reflects a growing trend of mixed-use developments in central Mumbai, catering to increasing demand for spaces that combine residential, commercial, and retail components. The collaboration leverages the expertise and resources of both developers, aiming to create a dynamic hub that attracts businesses and enhances urban infrastructure. The project also builds on the success of other integrated projects in Mumbai, where developers are increasingly combining multiple asset classes within a single campus to meet modern lifestyle and business needs.
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