Marathon Group
  • Company
  • Projects
      • Lower Parel
      • NextGen Era
      • NextGen Innova
      • NextGen Icon
      • FutureX
      • Mulund
      • Monte Vista
      • Monte Carlo
      • Monte Plaza
      • Dombivali
      • NexTown
      • Badlapur
      • Nagari
      • Nagari NX
      • Panvel
      • Nexzone
      • Home Pictogram
      Residential
      Tie Pictogram
      Commercial
      Shopping Cart Pictogram
      Retail
  • Careers
  • News
  • Contact
  • • ^
  • Promoters
  • History
  • CSR
  • Achievements
  • Vision
  • Dharma
  • •
  • Top

  • Our origins date back to 1922 when our patriarch played a key role in creating the master plan for 550 acres of the suburb of Mulund. The company was formally established by Ramniklal Shah in 1969, and has come a long way developing residential, commercial, retail, mixed and township projects in the greater Mumbai area.

      Promoters

    • Ramniklal Shah, Founder, Marathon Realty, Profile

      Ramniklal Z Shah, Chairman, laid the foundation of Marathon in 1969. He started the company as a social enterprise and most of his initial undertakings were on a not-for-profit basis. He has been deeply involved with the community and has held the presidentship of the Rotary Club (Mulund), Jain Sangh and SMPR High School. His deep sense of social obligation has inspired him to lead many community service endeavors such as rehabilitation of the victims of Latur and Bhujpur earthquakes, providing homes at cost for the underprivileged, offering construction services at cost to educational and religious institutions, etc. He has also been a committee member of the MCHI (Maharashtra Chamber of Housing Industry).

    • Chetan Shah Profile

      Chetan R Shah, Vice Chairman, is a B. Tech in Civil Engineering from IIT Bombay and M.S in Structural Engineering from the University of Houston, USA. He has 30 years of experience in the industry and his keen interest in social affairs saw him become the President of the Lion’s Club and a leading member of other social organizations.

    • Mayur Shah, Managing Director, Marathon Realty, Profile

      Mayur R Shah, Managing Director, has earned his Masters Degree in civil and structural engineering from USA and has 25 years of experience in development and construction. His social activities include being past President of Rotaract Charitable Trust, the Vice President of Jain Jagruti Centre, Vice-President of MCHI and Chairman of MCHI Property exhibitions.

  • Marathon from 1969 to 2007

    We are proud to have provided homes for more than 4,000 families, retail space for 400 retailers and offices for 350 businesses having delivered more than 80 projects. Here are some of our past projects:

    • 1972 Marathon Poonam 1972 Poonam
    • 1975 Marathon Kumudini 1975 Kumudini
    • 1977 Marathon Mahavir Dham 1977 Mahavir Dham
    • 1979 Marathon Rita 1979 Rita
    • 1981 Marathon Padmashree 1981 Padmashree
    • 1982 Marathon Tirupati And Balaji 1982 Tirupati And Balaji
    • 1985 Marathon Jupiter Venus 1985 Jupiter Venus
    • 1986 Marathon Olympic 1986Olympic
    • 1996 Marathon Antriksh 1996 Antriksh
    • 1996 Marathon Galaxy 1996 Galaxy
    • 1996 Marathon Virayatan 1996 Virayatan
    • 1996 Mount View 1996 Mount View
    • 1997 Marathon Heights 1997Marathon Heights
    • 1997 Udyog Kshetra 1997 Udyog Kshetra
    • 1999 Marathon Heritage 1999 Heritage
    • 2001 Marathon Cosmos 2001 Cosmos
    • 2003 Marathon Max 2003 Max
    • 2003 Marathon Maxima 2003 Maxima
    • 2004 Marathon Chamber 2004 Chamber
    • 2004 Marathon Emperor 2004 Emperor
    • 2004 Marathon Era 2004 Era
    • 2005 Marathon Omega 2005 Omega
    • 1969

      We built Dr. Radhakrishna Nagar Teachers Housing Society in Mulund on a no-profit basis.

    • 1970

      We volunteered to construct V. P. M. Kannada School in Mulund East.

    • 1971

      We partnered with Shri. Mahila Gruh Udyog (Lijjat) to offer flats to people with an income of less than Rs. 500/- p.m.

    • 2004

      We beautified the Eastern Express Highway in Mumbai.
      We renovated and beautified Mulund Railway Station in Mumbai.

    • 2005

      We volunteered and rebuilt 100 homes free of cost to rehabilitate villagers affected by earthquakes in Latur, Bhujpur and Kutch.

  • Marathon is driven by Innovation.

    The MD & Vice-Chairman are both technocrats, with Masters' degrees from leading institutes in the US, and have always been early adopters of revolutionary technologies that allow us to create products with exceptional quality. Some of our technological benchmarks are:

    • Marathon Punam

      We built the first building with a lift in Mulund

      In 1972, the group, under the leadership of Ramniklal Shah, built the first building in Mulund that had an elevator. This was in a 7 storied building named 'Poonam'.

    • Marathon Antriksh

      We built the first high-rise in Mulund

      Antriksh tower, completed in 1996, became Mulund's first high rise standing tall at 190ft. To this day this is considered a landmark project, with resell rates magnitudes above the prevailing market rate.

    • Marathon Futurex

      Use of cutting-edge technologies

      Marathon Group have been pioneers in construction technology in India. We were one of the first to adopt Mivan aluminium shuttering technology from Ireland, PERI table formwork from Germany and STEN technology. These technologies allow us to vastly improve the flexibility of our design and quality of our construction.

    And we've been awarded for our innovation.

    • Best Commercial Project Of The Year

      'Best Commercial Project of the Year' by Accommodation Times in 2006 for Marathon NextGen Innova.

    • Best Urban Design Award

      'Best Urban Design and Master Planning Award' by Construction Source of India for Marathon NextGen Campus.

    • Acetech For Marathon Era 2010

      'Excellent interior design (internal planning)' for Marathon Era by Economics times ACETECH 2010

    • Credai For Marathon Nagari 2012

      ‘Best Low-Cost Residential Apartments’ in Metro region for Marathon Nagari by CREDAI Real Estate Awards 2012

  • Marathon's Vision 2017

    At Marathon, the vision is the all-important set of statements that outlines our goals. Our performance management system is built around this to ensure that all our people are aligned to these larger goals. We work hard to achieve these goals and rigorously track our progress.

    1. To grow 6.5 times in terms of revenue and 5 times in terms of area constructed
    2. To be the most trusted brand in the industry
    3. To be the best in customer satisfaction in the industry
    4. To be the most sought after developer by virtue of design
    5. To be the best in employee engagement in the industry

  • Marathon's Dharma

    Marathon's Dharma is the set of core principles that each Marathonite will uncompromisingly follow. These are values that are the reason for our success derived from strong beliefs of the promoters. All our rewards and recognition programs, competency measurements of employees, and promotion decisions are shaped around our Dharma.

    • Stand tall in terms of integrity and transparency in this industry.
    • Always focus on creating customer delight.
    • Be committed and respectful to all and at the same time be firm & fair.
    • Constantly endeavor to create happiness for each other.
    • Continuously improve and scale new heights.