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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTResale and rental stock live in this buildingMahaRERA P51800018328

Bhandup · Mumbai

Marathon NeoHomes - NeoHills

Bhandup · by Marathon Group (Nexzone Energy Utilites LLP)

Updated Oct 2026

246
Units
2023
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Marathon NeoHomes - NeoHills is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

A first look at Marathon NeoHomes - NeoHills

Marathon NeoHomes - NeoHills is a residential project in Bhandup, Mumbai 400078. It is registered with MahaRERA under P51800018328 (registered 2021-09-09). Marathon NeoHomes - NeoHills is sold out by the developer — resale flats here are listed from ₹40 Lac. The project has 246 units across 1 building of up to 23 floors. It offers 1 BHK homes with carpet areas of 197–323 sq ft. MahaRERA proposed possession: Dec 2023.

Resale and rental stock live in this building.

1 for sale in this building right now, listed below.

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
Studio197–210 ft²₹38 L–₹41 L
1 BHK197–323 ft²₹38 L–₹63 L
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Marathon NeoHomes - NeoHills

For sale

Marathon NeoHomes - NeoHills floor plans

2
Marathon NeoHomes - NeoHills, Bhandup — floor plan 1Marathon NeoHomes - NeoHills, Bhandup — floor plan 2

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

Marathon NeoHomes - NeoHills videos

About Marathon NeoHomes - NeoHills

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

Marathon NeoHomes - NeoHills is registered with MahaRERA under P51800018328, dated 9 September 2021. The registered promoter is Nexzone Energy Utilites LLP. The filing lists 1 wing: MARATHON NEOHILLS 1 over 23 floors. According to MahaRERA, the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 1 RK of 197 sq ft at ₹39 Lac; 1 BHK of 323 sq ft at ₹62 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹19,200–₹19,800 per sq ft of carpet, 15% 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 99%, services at 100%. Proposed possession is Dec 2023.

Developer track record

Marathon Group has 27 projects tracked on Mumbai Property Exchange, 22 of them delivered (ready or sold out).

Buyer demand in Bhandup

In the last 90 days, buyers and tenants registered 18 requirements for Bhandup with Mumbai Property Exchange, 7 of them to buy and 7 specifically for 1 BHK homes.

Developer's description ▾
Marathon Neo Hills is a Project by Marathon Group. It is located at Bhandup West. 10 min from Bhandup Station, 5 min from LBS Marg and 2 min to nearest bus stop. It is a G+22 storey tower offering studio and 1 BHK Residences. Amenities include Gymnasium, Kids’ Play Area, Indoor Games Room, Multi-purpose Hall and Landscaped Area. It is a RERA approved project with possession in June 2023.

Bhandup market

prices, rents & rates

Price vs locality

₹19,496
/sqft · Bhandup rate-band mid-point ₹30,000
35% below mid-point

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 ₹19,496/sqft — 16% below resale here.

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

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

Upcoming projects & infrastructure in Bhandup

take an informed decision

24 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031; the nearest upcoming infrastructure to Marathon NeoHomes - NeoHills is the Goregaon-Mulund Link Road (GMLR), 1.6 km away (under construction · due 2028).

24
MahaRERA projects handing over in the next 5 years
in Bhandup
₹23,600/sqft
typical asking price
steady 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.

Metro & infrastructure near Marathon NeoHomes - NeoHills
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.6 km
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved2.9 km
  • 🚇Line 4 GreenUnder construction · due 20273.5 km
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.

RERA record & possession

Possession (proposed)
Dec 2023
Project status
New
MahaRERA No.
P51800018328
Data last updated
Oct 2026
Registered
2021-09-09
Escrow Bank
ICICI BANK LIMITED
Architect
—
Total FSI
10,395

Buildings · 1 wing

MARATHON NEOHILLS 1 · 23 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing99%
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%
Plinth100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…99%
Sanitary Fittings within the flats / premises98%
Podiums (if any)0%

What you pay, and when

an example

This 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 · 323 sq ft at ₹62.0 L (the price recorded above).

Due soon after booking~₹43.4 L70%, stages already done
Balance till possession~₹18.6 Las the last stages finish
Stamp duty + GST~₹3.7 L + ₹3.1 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹46.5 L here), released stage by stage, so your own money is about ₹15.5 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 ₹40,400/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 advisor

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

Resale Flats for Sale in Bhandup

4

Flats for Rent in Bhandup

2

Commercial for Lease in Bhandup

1

Commercial Projects in Bhandup

MahaRERA projects nearby in Bhandup

Frequently Asked Questions

Where is Marathon NeoHomes - NeoHills located?

Marathon NeoHomes - NeoHills is in Bhandup, Mumbai 400078.

What is the price of Marathon NeoHomes - NeoHills?

Marathon NeoHomes - NeoHills is sold out by the developer — resale flats here are listed from ₹40 Lac. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Marathon NeoHomes - NeoHills offer?

1 RK – 197 sq ft carpet; 1 BHK – 323 sq ft carpet.

When is possession of Marathon NeoHomes - NeoHills?

As per MahaRERA, proposed possession is Dec 2023.

Is Marathon NeoHomes - NeoHills RERA-registered?

Yes — MahaRERA registration P51800018328, registered 2021-09-09.

How many units does Marathon NeoHomes - NeoHills have?

MahaRERA records 246 units across 7 buildings, up to 23 floors.

Who is the developer of Marathon NeoHomes - NeoHills?

Marathon Group (Nexzone Energy Utilites LLP) — 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.

What metro and infrastructure is near Marathon NeoHomes - NeoHills?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 1.6 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 2.9 km away; Line 4 Green — under construction · due 2027, 3.5 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 2026-10-06). 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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