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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Lifecycle requires verificationMahaRERA P51700000470

New Panvel · Mumbai

Marathon Nexworld Elara - 2

New Panvel · by Marathon Group (Matrix Enclaves Projects Dev. Pvt. Ltd.)

Updated Sep 2026

92
Units
2024
Possession
1
Buildings
Certificate Signed
Status

A first look at Marathon Nexworld Elara - 2

Marathon Nexworld Elara - 2 is a residential project in New Panvel, Mumbai 400612. It is registered with MahaRERA under P51700000470 (registered 2021-09-10). The project has 92 units across 1 building of up to 12 floors. It offers 2 & 5 BHK homes with carpet areas of 656–1,431 sq ft, priced ₹92 Lac–₹2.16 Cr as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Dec 2024.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Part of Marathon Nexzone Phase 2, New Panvel

Other wings & phases: MARATHON NEXWORLD AURA-3 · MARATHON NEXZONE ANTILIA -2 · MARATHON NEXZONE ATLAS -2 · MARATHON NEXZONE ATRIA -2 · MARATHON NEXZONE AURA -2 · MARATHON NEXZONE AVIOR -2 · MARATHON NEXZONE ION -2 · MARATHON NEXZONE TRITON -2

Availability & Pricing

TypeCarpetPriceAvail
2 BHK656 ft²₹92 Lac
2 BHK710 ft²₹1.08 Cr
1385 ft²₹1.96 Cr
5 BHK1431 ft²₹2.16 Cr

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

Marathon Nexworld Elara - 2 floor plans

2
Marathon Nexworld Elara - 2, New Panvel — floor plan 1Marathon Nexworld Elara - 2, New Panvel — floor plan 2

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

Marathon Nexworld Elara - 2 videos

About Marathon Nexworld Elara - 2

Location

Marathon Nexworld Elara - 2 is located in New Panvel, Mumbai 400612, in the Thane district.

MahaRERA record

The MahaRERA registration number is P51700000470, issued on 10 September 2021. The registered promoter is Matrix Enclaves Projects Dev. Pvt. Ltd.. The filing lists 1 wing: ELARA over 12 floors. Per the registration, the architect on record is Matrix Architects And Engineers and the project escrow account is with State Bank Of India.

Homes and prices

Homes on offer are 2 BHK of 656–710 sq ft at ₹92 Lac–₹1.08 Cr; Unit of 1,385 sq ft at ₹1.96 Cr; 5 BHK of 1,431 sq ft at ₹2.16 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹14,000–₹15,200 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 0%, structure at 100%, finishing at 21%, services at 16%. 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).

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 14 requirements for New Panvel with Mumbai Property Exchange, 2 of them to buy.

Developer's description ▾

Marathon's Big Launch - Marathon Nexzone Phase 2 at Panvel.

Marathon Nexzone is spread across a lush green land parcel of 25 acres from where one can overlook the Panvel Creek. Marathon is known for delivering quality homes. Due to its proximity to Navi Mumbai airport & upcoming Trans-harbour sea link, Nexzone is an investment magnet for buyers, consisting os top-notch amenities.

Marathon Nexzone Phase 2 is a 33 storeys Under Construction Project and the location is National Highway 4B (NH4B - JNPT Express Way), Palaspe Phata, Near Datta Guru Snacks, New Panvel and is developed by Marathon Group.Marathon Nexzone Phase 2 was launched in Jan 2020 and the possession of the same is likely to be in Dec 2025.

Marathon Nexzone Phase 2 is RERA approved has the Registration Number bearing P52000000666.

Marathon Group also has other under construction and ready possession and sold out projects like Next Gen Era, Maxima, Marathon Nagri, Marathon Nagri I, Marathon Monte Carlo, Marathon Onyx, Marathon Monte Vista, Marathon Nexzone , Marathon Nexworld, Marathon Nextown, Marathon Emblem, Marathon Mbryo, Monte South, Marathon Nextown F Wing Coral, Marathon Eminence, Marathon Millennia, Neoskies, MonteSouth-Tower2, Marathon NeoHomes - NeoHills, Marathon Nexzone Phase 2.

The property prices in New Panvel are in the range of 4800 to 6600 for Outright for ready and under construction projects.

Marathon Group currently has 2 Ready Possession, 10 Under Construction projects.

Marathon Nexzone Phase 2 has good reviews and the ratings of this project are approximately 3 out of 5.

You can download the brochure and see video of Marathon Nexzone Phase 2 and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website.
The Bookings for the Under Construction project Marathon Nexzone Phase 2 are open and we can set up a Site Visit any time at your Convenience.
Marathon Nexzone Phase 2 is approved by most of the Banks and for more details on the approved bank list, please connect with us.

Upcoming projects & infrastructure in Thane West

take an informed decision

189 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Marathon Nexworld Elara - 2 is the Line 14 (Kanjurmarg-Badlapur/Ambernath), 1.4 km away (approved).

189
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,600/sqft
typical asking price
rising this quarter
₹16,100/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Thane West by possession year
10
2026
30
2027
61
2028
56
2029
32
2030
Metro & infrastructure near Marathon Nexworld Elara - 2
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.4 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20292.4 km
  • 🚇Airoli-Katai Naka Tunnel RoadUnder construction · due 20272.5 km
  • 🚇Line 5 OrangeUnder construction · due 20273.3 km
📜 5,365 registered transactions (IGR) on record in Thane West, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Thane West 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.

New Panvel — resale, rent & yield

Rent
₹110.0/sqft/mo
2 BHK ~₹70,000/mo

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Studio205 ft²On request
1 BHK334–348 ft²On request
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
Possession (revised)
Dec 2024
MahaRERA No.
P51700000470
Data last updated
Sep 2026
Registered
2021-09-10
Escrow Bank
STATE BANK OF INDIA
Architect
Matrix Architects And Engineers
Total FSI
5,140

Buildings · 1 wing

ELARA · 12 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation0%
Structure100%
Finishing21%
Services16%
See all 11 stages ▾
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …33%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…27%
External plumbing and external plaster, elevation, completion of terr…25%
Sanitary Fittings within the flats / premises11%
Basement (if any)0%
Excavation0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Plinth0%
Podiums (if any)0%
Stilt Floor0%

Amenities

20
Aggregate area of recreational Open SpaceChildrens play areaClubhouseElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…GymnasiumInternal Roads & Footpaths
+12 more ▾
Jogging TrackLandscaping & Tree PlantingMultipurpose sports courtSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsStreet LightingSwimming PoolThe MeadowTreatment 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.

💬 Verify current project inventory

New Panvel market context

Property Rates in New Panvel

Residential · Sale
₹15,000–45,000/sqft
Commercial · Sale
₹15,000–45,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in New Panvel

4

Flats for Rent in New Panvel

4

Commercial for Sale in New Panvel

1

Commercial for Lease in New Panvel

1

Commercial Projects in New Panvel

MahaRERA projects nearby in New Panvel

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 Marathon Nexworld Elara - 2 located?

Marathon Nexworld Elara - 2 is in New Panvel, Mumbai 400612.

What is the price of Marathon Nexworld Elara - 2?

2 & 5 BHK homes are priced ₹92 Lac–₹2.16 Cr as on 09 Jul 2026. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Marathon Nexworld Elara - 2 offer?

2 BHK – 656 sq ft carpet at ₹92 Lac; 2 BHK – 710 sq ft carpet at ₹1.08 Cr; – 1,385 sq ft carpet at ₹1.96 Cr; 5 BHK – 1,431 sq ft carpet at ₹2.16 Cr.

When is possession of Marathon Nexworld Elara - 2?

As per MahaRERA, proposed possession is Dec 2024.

Is Marathon Nexworld Elara - 2 RERA-registered?

Yes — MahaRERA registration P51700000470, registered 2021-09-10.

How many units does Marathon Nexworld Elara - 2 have?

MahaRERA records 92 units, up to 12 floors.

Who is the developer of Marathon Nexworld Elara - 2?

Marathon Group (Matrix Enclaves Projects Dev. Pvt. Ltd.) — 27 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

189 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Marathon Nexworld Elara - 2?

Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 1.4 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 2.4 km away; Airoli-Katai Naka Tunnel Road — under construction · due 2027, 2.5 km away; Line 5 Orange — under construction · due 2027, 3.3 km away. Timelines are as announced and 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 2026-09-13). 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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