Marathon Nextgen Realty’s subsidiary -- Sunset Spaces has entered into a Joint Development Agreement (JDA) for a cluster redevelopment project in Sewri, Mumbai. The proposed development will comprise a high-rise residential tower with high-street retail spaces. The project is situated on a land parcel admeasuring around 7,500 square metres and has an estimated Gross Development Value (GDV) of around Rs 450 crore for Marathon Nextgen Realty.
Marathon Nextgen Realty focuses on residential and commercial segments.