any update on start pf phase 2 of marathon nexzone panvel project

Q: the construction work of phase 1 seems very slow

chirag shah, Mumbai

8th February 2014

Residential Project Review in Navi Mumbai

buying properties in panvel

flats for sale in panvel

apartments for sale in panvel

2bhk for sale in panvel

marathon nexzone panvel

marathon realty pvt ltd

2.5bhk for sale in panvel

Follow Discussion

Also see discussions for

Navi Mumbai Residential Project Review Residential Project Review in Navi Mumbai

Replies (8)

Yes, you are right Suresh,
Marathon Nexzone is a minute away from Palaspe-Phata (Junction of NH4, NH17 and NH4B), 8.5 kms from proposed International Airport, 5 kms from Panvel Railway Station, 5.2 kms from Panvel Bus Terminus, 37 kms from Mulund via Airoli Flyover.

Shalini Parikh, Mumbai

25th August 2015

Comment

Hey Deepankar and Shalini,
Is the project good for the end users? Are all the necessary approvals in place? Is this project comes under CIDCO? Which all banks are offering home loan?

Suresh,

25th August 2015

Comment

Hi Suresh,
Yes, the locality of Panvel is huge demand last couple of years due to Navi Mumbai International Airport. All the basic necessities sucha s schools, colleges, banks, markets/malls, govt offices, hospitals etc.are nearby. Transport facilities are also good in the locality.

Yes, all the necessary approvals are in place as CIDCO has approved it. HDFC, ICICI, SBI, Axis, LIC Housing Fin Ltd. etc. have approved this project for home loan.

Deepankar Godbole, Mumbai

25th August 2015

Thanks Deepankar,
Locality play a major role when you plan for buying flat in any city. So, i request you to kindly provide me the project connectivity?

Suresh,

25th August 2015

Hi everybody,
Marathon Nexzone by Marathon Realty Pvt. Ltd.is a township project located at Palaspe Phata, JNPT Road, near Dutta Snack Center, Panvel. It offers 2/2.5 BHK in Ph-2 and its sizes are 926-1017 sq-ft in 2BHK and 2.5 BHK from 1286-1370 sq-ft. Phase-1 has only 2BHK. This project is spread over 26 acres of land consists 2500 nos. of flat in G+27 storeys apartments. There will be 49-Blocks. each floor will have 8 apartments in Ph-2. There will be 4-towers in Phase-2, Phase-1 has 4 towers name Atria will start its construction in next year.

Shalini Parikh, Mumbai

25th August 2015

Comment

Yes, they are giving possession of 2-Towers in Phase-1 this year. all the flats in phase have been sold out. In phase-2, booking amount will be 20%. You have to pay 10% at the time of booking flat and rest of the 10 % after one month. Almost 80% of the work has been finished in Phase-1 till August, only few external works are pending.

Deepankar Godbole, Mumbai

25th August 2015

Has anybody booked in this project either phase 1 or 2?
Construction work seems very slow.
Rate of 5150 is ok.what about floor rise? Taxes? Is it included.

chirag shah, Mumbai

13th February 2014

Comment

Namaste Praveen Ji,

In fact they are quoting Rs. 5150 as rate per sqft in Marathon Nexzone. The flats are duly approved and sanctioned by CIDCO. They are also approved by FSI and KDMC. I think you can go and invest in a property in this project. Since areas in and near Panvel are fast growing in recent times due to good infrastructure developments taking place in this area. Since this is the right time for buying a property, you can be assured of good returns for the property invested.

Deepankar Godbole, Mumbai

11th February 2014

Comment

What is the rate they are charging per sqft for this flat. Are the flats approved by Govt authorities?? Is it worth investing my money in this project as the locality is in Panvel.

Praveen Modi, Mumbai

11th February 2014

Comment

Hello Bikram,
Visited the project site some time back and came to know that Marathon Nexzone has 2 and 3 BHK flats. The area for 2 BHK is around 990 sqft and the price comes to about Rs. 51 lakhs. 3 BHK have an area of 1300 sqft and the flats costs about 69 lakhs onwards.

Lalit Verma, Mumbai

11th February 2014

Comment

Hello Lalit,
Marathon Nexzone is offering some world class amenities like all round security, landscape garden, Wifi connectivity, swimming pool, basket ball court, club house, gym, community hall, bank/ATM, 24 hrs power backup etc.

Vineet Tendulkar, Mumbai

11th February 2014

Hi Chirag,
Actually work has already been commenced on Phase I. Marathon Nexzone totally has 6 blocks having 33 floors and is located in Panvel. Most likely the possession will be around Dec 2017.

Rakshit, Mumbai

11th February 2014

Comment

Hmmm, Thanks for the update Mr Rakshit.

By the way may I know what are the flats available in Marathon Nexzone, its area and the price?? How about the amenities provided by the builder??

Bikram, Mumbai

11th February 2014