Marathon Nextgen Realty Ltd Share Price – NSE  / BSE

Realty, Small Cap

The launch includes a new residential project within the 6.5-acre Neo Park layout, spread across 5,100 square metres of land, offering a total saleable carpet area of nearly 1.2 lakh square feet with an estimated gross development value (GDV) of Rs 200 crore.

Alongside this, MNRL is introducing the second tower of Neovalley Narmada and the third tower of Neo Park Ashoka, together adding nearly 1 lakh sq. ft. of saleable carpet area with an additional GDV of Rs 170 crore.

In total, approximately 2.2 lakh square feet of residential space, with a combined GDV of Rs 370 crore, is being launched under the Neohomes category in Bhandup.

Marathon has already delivered over 700 Neohomes in Bhandup, with Neosquare receiving its OC and the next phase nearing completion.

Bhandup has rapidly emerged as a preferred residential hub in the eastern suburbs, supported by robust connectivity and infrastructure upgrades such as the Goregaon?Mulund Link Road and the upcoming Shangrila Metro Station. Its growing ecosystem of educational institutions, retail, healthcare, and commercial spaces further enhances its appeal for end-users and investors alike.

Kaivalya Shah, director, Marathon Nextgen Realty, said: ?We are excited to launch another project in Bhandup ? a location that has been integral to Marathon?s growth journey.

This new launch further strengthens our portfolio in the micro-market and reaffirms Marathon?s commitment to delivering modern, high-quality housing at scale.?

Marathon Nextgen Realty is promoted by the Marathon group of Mumbai, Maharashtra. The Marathon group is engaged in real estate development across MMR. The Marathon group has completed over 100+ projects and has presence across Mumbai Metropolitan Region (MMR) with total of 8.4 million square feet completed projects and 6.2 million square feet of existing portfolio.

The company has reported 35% increase in consolidated net profit to Rs 67 crore despite 6% fall in total revenue to Rs 155 crore in Q2 FY26 as compared with Q2 FY25.

The scrip shed 0.28% to currently trade at Rs 583.65 on the BSE.

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Marathon Nextgen Realty announced the launch of three new residential towers in Bhandup, reinforcing its leadership in the micro-market and expanding its Neohomes portfolio ? Marathon's signature line of modern, efficient, and lifestyle-driven urban residences.

The launch includes a new residential project within the 6.5-acre Neo Park layout, spread across 5,100 sq. mt. of land, offering a total saleable carpet area of ~1.2 lakh sq. ft. with an estimated Gross Development Value (GDV) of Rs 200 crore. Alongside this, MNRL is introducing the second tower of Neovalley Narmada and the third tower of Neo Park Ashoka, together adding ~1 lakh sq. ft. of saleable carpet area with an additional GDV of Rs 170 crore. In total, approximately 2.2 lakh sq. ft. of residential space, with a combined GDV of Rs 370 crore, is being launched under the Neohomes category in Bhandup.

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Marathon Nextgen Realty announced the launch of Phase III of its flagship township, Marathon Nexzone, in Panvel. The new phase, titled The Nirvana Collection, spans over approximately 3 acres with an estimated RERA Carpet Area of around 4.90 lakh sq.ft. and an estimated Gross Development of Value in excess of Rs  600 crore.

It comprises four premium towers of 28 storeys each, offering a wide range of luxurious 2BHK , 3BHK and select 4 BHK combination homes, along with two retail floors , four parking levels, and a 70,000 sq. ft. stilt-level covered and open to sky amenity zone. Residents will enjoy a range of modern amenities, including a swimming pool with waterfall and jacuzzi, fitness centre with yoga and meditation zones, multi-purpose lawns, pet zone, children's play areas, co-working spaces, caf? , indoor gaming zones. The two-storey high-street retail promenade, of approximately 70,000 square feet RERA Carpet Area will offer easy access to essential and lifestyle conveniences, creating a complete urban ecosystem within the township.

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Net profit of Marathon Nextgen Realty rose 36.41% to Rs 66.05 crore in the quarter ended September 2025 as against Rs 48.42 crore during the previous quarter ended September 2024. Sales declined 19.96% to Rs 116.85 crore in the quarter ended September 2025 as against Rs 145.99 crore during the previous quarter ended September 2024.

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