Marathon Acquires Three Realty Entities, GDV ₹840 Crore

Marathon Nextgen Realty's subsidiary NZIT acquired 51% controlling interest in three real estate entities for ₹70 crore.
The acquisitions unlock combined GDV of over ₹840 crore and 5.94 lakh sq. ft. carpet area across 6 residential projects in Kanjurmarg, Mumbai.
Approximately 35% of acquired projects are under construction or launch-ready within 12 months, providing near-term revenue visibility.
~20% of project area is earmarked as Permanent Transit Camp (PTC) targeting SRA redevelopment ecosystem in MMR.