₹590.55
27.7 (4.92%) - 20 Jun 2025 04:26 PMMarathon Nextgen Realty Limited is the publicly listed entity of Marathon Group that has been engaged in real estate. As a part of a strategic growth initiative, its parent, Marathon Group, took over the management control of the BSE listed Piramal Spinning and Weaving Mills (SPWM) in 2003 for development of a project in South Mumbai’s Lower Parel area. Subsequently, SPWM was rebranded to what it known today as Marathon Nextgen Realty Limited. The primary objective of this strategic move was to get access to SPWM’s land bank in Lower Parel, Mumbai, and unlock its potential through redevelopment into a realty project. The company was amongst the first to envision the potential of this location both as a residential hub and a business district.
Industry - Construction - Real Estate
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