NSE:MARATHON management interview: Marathon Nextgen Realty Analysis: Decoding 900 Crore QIP Fund Raise & Merger Impact On Revenue
NDTV Profit, 2026-03-30. Video: https://www.youtube.com/watch?v=i9obeFScWKQ
- Commercial and residential mix: The company plans to maintain a balanced portfolio across affordable housing, luxury, and commercial segments, with new central Mumbai commercial spaces, Mulund office developments, and Panvel retail projects launching over the next two to three years.
- Luxury project pipeline: Construction is advancing on Tower C at Monte South with floors 35 to 64 scheduled for launch this year, to be followed by an estimated ₹1,600 crore inventory pipeline in Tower D.
- QIP fund deployment: Having used ₹340 crore of its ₹900 crore QIP proceeds to eliminate debt, the company earmarked ₹300 crore for new redevelopments and joint developments in South and Central Mumbai targeting realizations above ₹40,000 per square foot on carpet area.
- Panvel monetization roadmap: Supported by the upcoming Panvel-Karjat rail connectivity and the Navi Mumbai airport, Marathon plans to bring parts of its land bank into plotted and villa developments within 18 to 24 months alongside its ongoing ₹600 crore Nexzone Phase 3 launch.
- MMR geographic focus: Management remains dedicated exclusively to Mumbai MMR rather than other cities, citing the region's 20-month inventory levels, strong absorption, and planned ₹3 lakh crore government infrastructure projects.