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Marathon Nextgen Realty’s arm enters into JDA for redevelopment project in Mumbai

03 Aug 2026 Evaluate

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.


Peers
Company Name CMP
Lodha Developers 1064.00
Prestige EstatesProj 1412.65
Dilip Buildcon 395.05
DLF 646.50
Oberoi Realty 1697.70
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