Adani Realty & Marathon Nextgen to Develop Rs 3,400 Cr Commercial Project in Byculla, Mumbai

Adani Realty and Marathon Nextgen Realty Limited have announced a joint venture to develop a commercial and retail project in Byculla, Mumbai, with a gross development value (GDV) of Rs 3,400 crore.

The upcoming project, Monte South Commercial, will span approximately 1.2 million sq ft and form part of the larger Monte South campus, which includes four residential towers rising over 64 storeys with a total residential carpet area exceeding 1.6 million sq ft.

Within the Monte South development, Tower A has received the Occupation Certificate (OC), Tower B has topped out in RCC, and Tower C has reached the 12th slab, while Tower D is planned for future launch.

The mixed-use development aims to create a complete live-work ecosystem, allowing residents to live, work, and unwind within an integrated community, fostering a walk-to-work lifestyle in the heart of Mumbai’s urban core.