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Piramal Development

Marathon Group

Building Communities, Not Just Homes

We are a 54+ year old, Mumbai based real estate development company that has completed over 100 projects in the city. We are currently building several townships in the fastest growing neighborhoods, affordable housing projects, ultra-luxury skyscrapers, small offices and large business centers. Our projects are spread across the Mumbai Metropolitan Region (MMR)

55+

Year legacy

100+

projects delivered

10000+

Happy family

1500

Home in the pipelines

Projects in Mumbai

Explore All Developments

3 active projects

Marathon Nextown
TOWNSHIPUnder Construction

₹55 L – ₹1.8 Cr

Affordable Smart Homes | Dombivli

Dombivli, Thane

1, 2, 3 BHK|100+ Acres|2026–2028 (Phase-wise)

Marathon Nextown is one of the largest integrated townships near Mumbai, offering smart and aff...

Marathon Nexzone
FLAGSHIPReady & Ongoing

₹60 L – ₹2.2 Cr

Integrated Township | Panvel, Navi Mumbai

Panvel, Navi Mumbai

1, 2, 3 BHK|140+ Acres|Ready / Phase-wise

Marathon Nexzone in Panvel is a sprawling township with over 5,000 homes, set against scenic hi...

Marathon Millennium / Marathon Futurex
NEW LAUNCHReady

₹3 Cr – ₹8 Cr

Commercial & Luxury Living | Lower Parel

Lower Parel, Mumbai

2, 3 BHK & Office Spaces|Mixed-Use Development|Ready Possession

Marathon Millennium and Futurex in Lower Parel offer a premium mixed-use development combining ...

Our Values

Affordability

We believe quality homes should be accessible to every family — delivering value without compromise.

Scale

From Dombivli to Panvel, we build large integrated townships that create entire self-sufficient communities.

Trust

Decades of on-time delivery and transparent dealings have made us one of Mumbai's most trusted developers.

Sustainability

We design townships with schools, hospitals, and retail built-in — reducing dependence on city infrastructure.

Our story

Our origins date back to 1922 when our patriarch played a key role in creating the master plan for 550 acres of the suburb of Mulund - his role in the planning has resulted in Mulund being one of the best planned suburbs today. The company was formally established in 1969 and since then we haven't looked back. Today, we have iconic projects spanning the whole city.