We are a 52 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)


Years of Real
estate experience




Million sqft of
land under development




acres of land being
planned across MMR


homes in
the pipeline

We’ve been on a Marathon run Since 1969.

We are proud to have provided homes for more than 10,000 families, retail space for 400 retailers and offices for 350 businesses.

We have been awarded for our innovation

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.

our origins

Our origins date back to 1922 when our patriatrch Zaverbhai Shah played a key role in creating the masterplan 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.


Marathon Group was established with our headquarters in Mulund.

70's - 90's

We played a key role in shaping the Mulund skyline through the next few decades.


Poonam, built in 1972, was the first building with an elevator in Mulund.


Marathon Antariksh was the first high rise in Mulund.

90's - 10's

We witnessed exponential growth starting from the 90's by venturing into new locations like Lower Parel and Panvel and new categories like townships and affordable housing.

We were one of the first to identify the potential of milland at Lower Parel. We built the award winning Nextgen mixed use campus on mill land.

We were amongst the first to adopt the revolutionary MIVAN Construction technology for Marathon Era.

Marathon Heights at Worli was the first residential building in the city with a helipad.

We ventured into affordable housing with the award winning Marathon Nagari township at Badlapur.

Recognising the potential of Panvel we launched our first premium township project Marathon Nexzone which also was the first project in Mumbai to offer e-registration of property.

Our flagship commercial project, Marathon Futurex at Lower Parel opened. Futurex is a landmark in the city and houses some of the finest international and national brands.

10's - Present

Our footprint continues to expand rapidly across the city and we now have projects in all categories.

We launched two more large township projects at Dombivli - Nextown and Nexworld.


Launched Monte South at Byculla, a joint venture with Adani Realty - one of the most luxurious projects in South Mumbai.


We ventured into the education space with the revlotionary NEXT School at Mulund W. NEXT is India's 1st Big Picture Learning school.


We Launched NeoHomes a new generation of urban homes at Bhandup W, that offers the average Mumbaikar the chance to own a home in the city.


We launched Phase 2 of our Panvel township.


We launched Phase 2 of Marathon Nextown, our township near Kalyan-Shil road.

Visionary Leadership

Mayur Shah

Managing Director Marathon group & Chairman MCHI CREDAI

Mayur Shah has been a visionary leader and has over 25 years of rich and varied experience in the Real Estate & construction business. He is a civil engineer from the University of Bombay and MS in Structural Engineering from University of Oklahoma, USA. He has served as the Chairman of MCHI – CREDAI, the largest body of Real Estate Developers in Mumbai and MMR. Mr. Shah is constantly pushing the firm to innovate more to deliver better products and experiences. His vision has resulted in Marathon being one of the first players in mill redevelopment at Lower Parel and amongst the first to enter the Panvel market.

Our Vision

“We envision to be the most trusted developer in the Mumbai Metropolitan Region and deliver best in class design”

Marathon Initiatives

Marathon always strives to give back to the community. We are dedicated to improving the lives of our employees, customers, workers and the community at large. Here are some of our biggest social endeavours till date.

Why the property market in Panvel is set to take off!

The new infrastructure projects coming up in Panvel are set to change the direction of Mumbai’s expansion – the airport, the proposed Trans-Harbor sea link and other projects like the CST-Panvel AC rail and the metro will connect Panvel directly with South Mumbai, opening up a new direction of growth towards the East.

Pradhan Mantri Awas Yojana (PMAY) – Made Simple

A lot has been said about PMAY since it was introduced in 2017. In this article we’ve tried to explain the whole process as simply as possible. This will give you a clear idea of what is PMAY and how you can go about to apply for the same.

In the media