Adani Realty has signed a joint venture agreement with Marathon Nextgen Realty to develop a major real estate project in Mumbai, with an estimated Gross Development Value (GDV) of Rs 3,400 crore.
The mixed-use project, titled Monte South Commercial, will cover approximately 1.2 million sq. ft. and include premium office spaces, retail areas, and state-of-the-art amenities. It will be part of the larger Monte South campus — a landmark development featuring four residential towers of over 64 storeys each, with a combined residential sale carpet area exceeding 1.6 million sq. ft., as per reports.
Adani Realty, the real estate arm of the Adani Group, has already developed about 31 million sq. ft. and has another 108 million sq. ft. under development across Ahmedabad, Mumbai, Pune, and Gurugram. Its portfolio spans residential, commercial, and social infrastructure projects.