Visionary Leadership

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. The company was formally established by Ramniklal Shah in 1969, and has come a long way developing residential, commerical, retail, mixed and township projects in the greater Mumbai area.


Mayur Shah,
Managing Director Marathon group & Chairman MCHI CREDAI

Mr. 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


Chetan R Shah,

Chetan R Shah is a B. Tech in Civil Engineering from IIT Bombay and M.S in Structural Engineering from the University of Houston, USA. He has 30 years of experience in the industry and his keen interest in social affairs saw him become the President of the Lion’s Club and a leading member of other social organizations.



Ramniklal Z Shah, laid the foundation of Marathon in 1969. He started the company as a social enterprise and most of his initial undertakings were on a not-for-profit basis. He has been deeply involved with the community and has held the presidentship of the Rotary Club (Mulund), Jain Sangh and SMPR High School. His deep sense of social obligation has inspired him to lead many community service endeavors such as rehabilitation of the victims of Latur and Bhujpur earthquakes, providing homes at low cost for the underprivileged, offering construction services at cost to educational and religious institutions, etc.


Parmeet Shah,
Director & CEO of NEXT School

Parmeet is a director at Marathon and heads the design marketing functions for the group. A passionate educator, he is also the founder and CEO of Next School-the first BIG picture learning school in India. He holds a BA in Economics from Yale University and an MS from Columbia University, USA.


Samyag Shah,

The youngest scion and the economist of the Shah family,Samyag is driven by technological innovations and he strives to make real estate tech friendly for both the developers and the customers alike. Along with planning & designing, he has been one of the key drivers for the e-registration initiative at Marathon Nexzone.


Kaivalya Shah,

A structural Engineer by profession, Kaivalya’s innovative approach has helped the business to establish tailor made
projects with limited units providing better experiences for the residents. As a partner he looks into critical mass projects like slum redevelopment

Want to be a Marathonite?

if you’re looking for personal and professional growth in the real estate space, Marathon Group is the place to be at. With a young , dynamic and highly engaged workforce creating waves in the sector, we’re sure you will love working at Marathon.