Mumbai, Oct. 22 -- Adani Realty and Mumbai-based Marathon Nextgen Realty Limited have partnered to develop a commercial and retail project in Byculla, in South Mumbai, with a gross development value (GDV) of Rs 3,400 crore, according to a regulatory filing made by Marathon Nextgen Realty Limited to the stock exchange.
Adani Realty, the real estate arm of the Adani Group, has developed nearly 31 million square feet so far, with another 108 million square feet under development across Ahmedabad, Mumbai, Pune and Gurugram. The company's portfolio includes residential, commercial and social infrastructure projects.
The South Mumbai Byculla project, named 'Monte South Commercial', will be executed as a joint venture between Marathon Nextgen Re...