Bhandup · Mumbai
Neo Skies
Bhandup · by Marathon Group (Suyog Developers)
Registered project name
Marathon NeoskiesUpdated Sep 2026
BhandupPhotos from the project record · tap to enlarge
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). Neo Skies is sold out by the developer; ask MPE for resale or rental flats in this building. 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. MahaRERA proposed possession: Dec 2024.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (2)
Neo Skies floor plans
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 16 requirements for Bhandup with Mumbai Property Exchange, 6 of them to buy and 5 specifically for 1 BHK homes.
Developer's description ▾
Bhandup market
prices, rents & ratesPrice vs locality
Bhandup — resale, rent & yield
This project is quoted around ₹21,897/sqft — 6% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Bhandup
Upcoming projects & infrastructure in Bhandup
take an informed decision24 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
🔒 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.
RERA record & possession
Buildings · 1 wing
302 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 1 BHK · 242 sq ft at ₹52.9 L (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ✓ Sanitary fittings80% paid by then
- ✓ Staircases, lift wells & lobbies85% paid by then
- ✓ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹39.7 L here), released stage by stage, so your own money is about ₹13.2 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹34,400/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
11+3 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Bhandup
4
Flats for Rent in Bhandup
2
Commercial for Lease in Bhandup
1
Commercial Projects in Bhandup
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Frequently Asked Questions
Where is Neo Skies located?
Neo Skies is in Bhandup, Mumbai 400078.
What is the price of Neo Skies?
Neo Skies is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Neo Skies offer?
1 RK – 155 sq ft carpet; 1 BHK – 242 sq ft carpet.
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.
