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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800018106

Bhandup · Mumbai

Neo Skies

Bhandup · by Marathon Group (Suyog Developers)

Updated Sep 2026

302
Units
2024
Possession
1
Buildings
Certificate Signed
Status

A first look at Neo Skies

Neo Skies is a residential project by Marathon Group in Bhandup, Mumbai 400078. It is registered with MahaRERA under P51800018106 (registered 2024-05-21). The project has 302 units across 1 building of up to 24 floors. It offers 1 BHK homes with carpet areas of 155–242 sq ft, priced ₹34 Lac–₹52.9 Lac as on 09 Jul 2026 (indicative). The quoted rate is about ₹21,900 per sq ft. MahaRERA proposed possession: Dec 2024.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 RK155 ft²₹34 Lac—
1 BHK242 ft²₹52.9 Lac—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Neo Skies floor plans

2
Neo Skies, Bhandup — floor plan 1Neo Skies, Bhandup — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Neo Skies

Location

The project is in Bhandup, Mumbai 400078, in the Mumbai Suburban district. Across 11 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹23,300 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

Neo Skies is registered with MahaRERA under P51800018106, dated 21 May 2024. The registered promoter is Suyog Developers. The filing lists 1 wing: MARATHON NEOSKIES 1 with 302 units over 24 floors. According to MahaRERA, the project escrow account is with HDFC Bank.

Homes and prices

Configurations recorded are 1 RK of 155 sq ft at ₹34 Lac; 1 BHK of 242 sq ft at ₹52.9 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹21,900 per sq ft of carpet, 6% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2024.

Developer track record

Marathon Group has 27 projects tracked on Mumbai Property Exchange, 22 of them delivered (ready or sold out). Other projects by the same developer include Nebula Empress, Atlantis Tower.

Buyer demand in Bhandup

In the last 90 days, buyers and tenants registered 15 requirements for Bhandup with Mumbai Property Exchange, 6 of them to buy and 5 specifically for 1 BHK homes.

Developer's description ▾
Neoskies is a project by Marathon Group. It is located at Bhandup West. 15 min from Bhandup Railway Station, 10 min from upcoming metro stations. 10 min from LBS Marg. Close proximity to all the daily convenience. It offers studio apartment and 1 BHK Residences. All the modern amenities like gym, jogging track, indoor games room, yoga decks etc. It is a RERA approved project.

Price vs Locality

₹21,897
/sqft · Bhandup rate-band mid-point ₹30,000
27% below mid-point

Upcoming projects & infrastructure in Bhandup

take an informed decision

24 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031.

24
MahaRERA projects handing over in the next 5 years
in Bhandup
₹23,700/sqft▼
typical asking price
easing this quarter
₹16,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Bhandup by possession year
2
2027
4
2028
9
2029
3
2030
6
2031

Supply is not evenly spread — one year carries almost half of it.

In the full Bhandup report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Bhandup — resale, rent & yield

Resale
₹23,300/sqft
median · 11 listings
Rent
₹64.5/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.3%/yr
rent vs resale value

This project is quoted around ₹21,897/sqft — 6% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Studio197 ft²₹43 L
1 BHK323 ft²₹71 L
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2024
Project status
New
MahaRERA No.
P51800018106
Data last updated
Sep 2026
Registered
2024-05-21
Escrow Bank
HDFC BANK
Architect
—
Total FSI
13,151

Buildings · 1 wing

302 units
MARATHON NEOSKIES 1 · 24 fl · 302 u

Location

📍 Bhandup

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)0%

Amenities

11
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsStreet Lighting
+3 more ▾
Treatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Bhandup market context

Property Rates in Bhandup

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹55,000–100,000/mo

Resale Flats for Sale in Bhandup

4

Flats for Rent in Bhandup

2

Commercial for Lease in Bhandup

1

Commercial Projects in Bhandup

More by Marathon Group (Suyog Developers)

MahaRERA projects nearby in Bhandup

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Neo Skies located?

Neo Skies is in Bhandup, Mumbai 400078.

What is the price of Neo Skies?

1 BHK homes are priced ₹34 Lac–₹52.9 Lac as on 09 Jul 2026, about ₹21,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Neo Skies offer?

1 RK – 155 sq ft carpet at ₹34 Lac; 1 BHK – 242 sq ft carpet at ₹52.9 Lac.

When is possession of Neo Skies?

As per MahaRERA, proposed possession is Dec 2024.

Is Neo Skies RERA-registered?

Yes — MahaRERA registration P51800018106, registered 2024-05-21.

How many units does Neo Skies have?

MahaRERA records 302 units across 5 buildings, up to 24 floors.

Who is the developer of Neo Skies?

Marathon Group (Suyog Developers) — 27 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bhandup?

24 MahaRERA-registered projects in Bhandup are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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