MH
Mumbai City
P51900025476
RERA ID: P51900025476
Project Name: MARATHON FUTUREX 1
Project Type: Commercial
Project Status: New Project *
* Projects that started May 2017 onwards, after RERA was implemented.
2022-12-29
Extended Date of Completion
The project missed completion date 1 time(s) earlier (2021-06-30).
The Occupancy Certificate (OC) is seen uploaded to the Documents section on the MahaRERA portal. Please check and confirm its validity and whether it is for full or partial occupancy.
Project Address:
N.M. Joshi Marg, Lower Parel, Mumbai, C S No. 166, Gsouth-400013, Ward Gsouth, Mumbai City-400013

Plot Bearing No / CTS no / Survey Number/Final Plot no.:
C S NO 166

Boundaries:
MAHADA AND MCGM
WESTERN RAILWAY LINEN N M JOSHI MARG
WE
S
EXISTING BUILDING A AND B

Location coordinates were not provided to MahaRERA by the developers. Below is an approximate location, and may contain error.



Key Details
Total Project Area: 2200 sq.mt.
Sanctioned Built-up Area: 3300 sq.mt.
Recreational Open Space: 0 sq.mt.
No. of Buildings sanctioned: 1
No. of Floors sanctioned: 2
No. of Plinths: 1
No. of Closed Parking: 25

Units on Offer and Availability
Category Carpet Area No of Units Units already Booked / Sold
Others 927 to 2020 sq ft 28 0
Project Developer:
MARATHON NEXTEGEN REALTY LTD
Organization Type: Company

Address: 01, Marathon Futurex, N M Joshi Marg, Lower Parel, Near Lower Parel Railway Station, Gsouth-400013, Ward Gsouth, Mumbai City-400013

Office Phone: +91 22677 28484


Member details:
Member Name Designation
SUNDARAM RAMAMURTHI Authorized Signatory
KIRSHNAMURTHY SRINIVAS RAGHAVAN Authorized Signatory
DWARKANATH KISHNAMURTHY RAO Authorized Signatory


Other Professionals involved:
Professional Name Professional Type
GURRUNATH DHAVAN Engineer
anupam de Architect
DINESH PAI Chartered Accountant


Litigations

Litigations related to the project ? No
When this data gets the AI treatment, it churns out conclusions like the one below. But hey, a Real Intelligence like yourself, would go a step further by visiting the project site, meeting the people involved, carefully analyzing all the options, and then making an informed decision. Right? Happy hunting!

Marathon Futurex 1: A Prime Commercial Development in Lower Parel, Mumbai

Marathon Futurex 1, a new commercial project located in the bustling hub of Lower Parel, Mumbai, presents an exciting opportunity for businesses seeking a prime location and modern amenities. Developed by Marathon Nextegen Realty Ltd, this project boasts a strategic location on N.M. Joshi Marg, strategically situated near the Lower Parel Railway Station.

The project, registered under the Maharashtra Real Estate Regulatory Authority (MahaRERA) with ID P51900025476, spans a total plot area of 2200 square meters. It encompasses a single building with a sanctioned built-up area of 3300 square meters, spanning across two floors, including a plinth. The project offers a range of commercial units, including spaces ranging from 927 to 2020 square feet, designed to cater to diverse business needs.

Strategic Location & Connectivity:

Marathon Futurex 1 benefits from its strategic location on N.M. Joshi Marg, offering excellent connectivity to the city’s major transportation arteries. Its proximity to the Lower Parel Railway Station ensures convenient access for employees and clients. The project is also well-connected to the Western Railway line and the city’s road network, making it easily accessible from various parts of Mumbai.

Amenities & Infrastructure:

The project offers essential amenities for its occupants, including 25 closed parking spaces, ensuring convenience for both employees and visitors. The development is designed to meet modern business needs, offering a functional and comfortable work environment.

Project Status & Timeline:

The project was initially scheduled for completion in June 2021. However, the completion date has been extended to December 29, 2022.

Investment Opportunity:

Marathon Futurex 1 presents an attractive investment opportunity for businesses seeking a prime location in the heart of Mumbai’s commercial district. The project’s modern amenities, strategic location, and proximity to key transportation hubs make it an ideal choice for companies seeking to establish a strong presence in this thriving commercial area.

Conclusion:

Marathon Futurex 1 offers a compelling proposition for businesses looking for a prime commercial space in Lower Parel, Mumbai. With its strategic location, modern amenities, and well-defined timeline, this project promises to be a thriving commercial hub, providing a conducive environment for business growth and success.

New documents listed below were uploaded to the Documents section:

  • 1 Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)

 

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
2901 130.37 1 0
2902 136.47 1 0
2903 88.92 1 0
2904 86.21 1 0
2905 86.21 1 0
2906 86.21 1 0
2907 86.21 1 0
2908 99.44 1 0
2909 169.51 1 0
2910 154.74 1 0
2911 102.05 1 0
2912 89.03 1 0
2913 89.03 1 0
2914 89.03 1 0
2915 89.03 1 0
2916 90.92 1 0
2917 139.15 1 0
2918 132.31 1 0
2919 187.74 1 0
3001 132.67 1 0
3002 137.22 1 0
3003 89.67 1 0
3004 86.97 1 0
3005 86.97 1 0
3006 86.97 1 0
3007 86.97 1 0
3008 101.05 1 0
3009 167.61 1 0

 

Progress updated under Buildings section

Bldg No. Tasks / Activity Percentage of Work
1 X number of Slabs of Super Structure 100
1 Internal walls, Internal Plaster, Floorings within Flats/Premises, Doors and Windows to each of the Flat/Premises 100
1 Sanitary Fittings within the Flat/Premises,Electrical Fittings within the Flat/Premises 100
1 Staircases, Lifts Wells and Lobbies at each Floor level connecting Staircases and Lifts, Overhead and Underground Water Tanks. 100
1 The external plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building/Wing 80
1 Installation of lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings to Common Areas, electro, mechanical equipment, Compliance to conditions of environment /CRZ NOC, Finishing to entrance lobby/s, plinth protection, paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to Obtain Occupation /Completion Certificate 90
1 Overall Percentage of Completion of the work done For the entire Building /Wing 97

 

New documents listed below were uploaded to the Documents section:

  • 3 Architect’s Certificate of Percentage of Completion of Work (Form 1)

 

Documents listed below were found uploaded on the first day this project was indexed. More documents, whenever uploaded, will be shared as posts on dates of upload.

  • Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)
  • Architect’s Certificate of Percentage of Completion of Work (Form 1) [2]
  • Architect’s Certificate on Completion of Project (Form 4)
  • Building Plan Approval / NA Order for plotted development
  • Commencement Certificates / NA Order for plotted development [2]
  • Copy of Layout Approval (in case of layout)
  • Copy of the legal title report
  • Declaration about Commencement Certificate
  • Declaration in FORM B [2]
  • Details of encumbrances [2]
  • Disclosure of sold/ booked inventory
  • Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)
  • Engineer’s Certificate on Cost Incurred on Project (Form 2) [2]
  • Occupancy Certificate/ Completion Certificate/ Architect’s certificate of completion for plotted development [2]
  • Other
  • Proforma of Allotment letter [2]