New Panvel · Mumbai
Marathon Nexworld Elara - 2
New Panvel · by Marathon Group (Matrix Enclaves Projects Dev. Pvt. Ltd.)
Updated Sep 2026
New PanvelPhotos from the project record · tap to enlarge
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.
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
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 WhatsAppMarathon Nexworld Elara - 2 floor plans
2Floor 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 decision189 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).
- 🚇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
🔒 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
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
20+12 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Verify current project inventoryNew Panvel market context
Property Rates in New Panvel
Resale Flats for Sale in New Panvel
4Flats for Rent in New Panvel
4Commercial for Sale in New Panvel
1Commercial for Lease in New Panvel
1Commercial 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.






