Adani Realty, Marathon Nextgen launch ?34 bn Mumbai project.

29 Oct 2025 CW Team

Adani Realty has partnered with Marathon Nextgen Realty in a joint venture to develop a Rs 34 billion real estate project in Mumbai. The project, named Monte South Commercial, will span 1.2 million sq. ft. and offer premium office spaces, retail areas, and modern amenities.

Monte South Commercial is part of the larger Monte South campus, which includes four residential towers, each over 64 storeys high. The residential development will total 1.6 million sq. ft. of saleable carpet area, making it a significant addition to South Mumbai’s business and residential landscape.

Mayur Shah, Vice Chairman of Marathon Nextgen Realty, emphasized that the project would set a new standard for the region’s business environment by combining design, efficiency, and long-term value.

Adani Realty, the real estate arm of the Adani Group, has already developed nearly 31 million sq. ft. of space, with another 108 million sq. ft. under development across cities including Ahmedabad, Mumbai, Pune, and Gurugram.

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