Marathon Nextown, Mumbai - FlatGradings Opinion

4/24/2016 FlatGradings 0 Comments

Project Details

Project      : Marathon Nextown
Builder      : Marathon Realty
Locality     : Dombivli East
City            : Mumbai

Analysis

Builder & Project Review:

Dombivali as a location has seen huge appreciation over the last couple years. The reason for this phenomenon is the landmark project by Lodha group in this suburban area. It has changed the future potential as well as the profile of the area. Marathon Nextown is a project by marathon group in Dombivali offering 1 and 2 bedroom apartments to prospective home buyers. This new project by Marathon will be located near Shil Phata in Dombivli East.

Quick Fact Check:

1. 90-acre township which is located 5 Km from Dombivli Station & 4 km from the Diva Station.
2. Spacious 1 & 2 BHK apartments
3. 14 acres project
4. Total floors: 18
5. The World class modern amenities
6. Feng Shui / Vaastu Compliant
7. Piped-gas
8. Swimming Pool
9. Park
10. Security Personnel
11. Maintenance Staff
12. Bank Attached Property
13. Fitness Centre / GYM
14. Club house / Community Centre
15. Water softening plant
16. Shopping Centre
17. Waste Disposal
18. Rain Water Harvesting
19. Intercom Facility
20. Water purifier
21. Lift(s)
22. Reserved Parking
23. Society/ Building Features
24. Water Storage
25. Internet/wi-fi connectivity
26. Visitor Parking

Connectivity:

The project is located very close to Kalyan Shil road. Although it is quite far from the stations on the central line, the road connectivity is relatively better. It's very close to Shilphata junction and Lodha group’s upcoming township of Palava. With the area set to see infrastructure developments in future along with improved connectivity, this location is bound to see good appreciation also. In fact, the resident staying at Casa Bella and Casa Rio have seen decent rentals for ready possession properties as well. There is a lot of interest from people working in areas like Mhape to buy in Dombivali.

Close to Public Transport Avenues:
1. 11 Km from Dombivali Railway Station
2. 5 Km from Diva Junction
3. 6.3 Km from Nilaje Railway Station
4. Padlegaon Bus Stop

Close to Commercial & Industrial Areas:
1. MIDC
2. Reliance
3. L&T
4. Millenium Business Park- Mahape
5. Dhirubhai Ambani Knowledge Center

Close to Commutation Routes & Proposed Infrastructural Network:
1. Thane- Belapur Road
2. NH-3 Highway (Mumbai- Nasik Highway)
3. NH- 4(Mumbai- Pune Highway)
4. Proposed Dombivali-NH-3 Flyover & Alibaug-Virar Multimodal Corridor

Master Plan:
The master plan currently available online for the project shows a lot of clutter with relatively less open spaces. In addition, the shape of the plot is also not regular. We would have preferred much more open spaces since marathon group is known for delivering value residences with top of the line amenities

Floor Plan:
In 1 bedroom apartments, you can see that the kitchen is right next to the entrance of the apartment which does not bode well for the privacy of the residents. Having two toilets in a 1 bedroom apartment is a good call although the dining area looks a bit cramped for our taste.

The two bedroom apartments also look efficiently designed with the only problem being the kitchen right next to the entrance.

Our Opinion

Pros:
1. Brand name and delivery capability
2. Future infrastructure potential
3. Appreciation potential of the location and investment opportunity

Cons:
1. Approach road
2. Relatively cluttered master-plan and relatively less open spaces

Ratings:

Location     :     

Layout       :     

Amenities   :     

Floor Plan   :     

Final verdict:
The overall project plan is quite nice and if you are looking for solid investment option, Nextown offers a good potential. It is also available at a small discount to Palava which can be a consideration as well. However, the scale of the project is nowhere comparable to Palava so you might consider that as well before taking a final call.