📋 Quick Facts
Status
Sold Out
Floors
36
Type
Residential
Zone Avg Rate
₹70,370/sq.ft · 91 projects
Location
Lower Parel, Opp Morarji Mills, Off Ganpatrao Kadam Marg
Project Overview
Location
Lower Parel
Sub-Location
Opp Morarji Mills, Off Ganpatrao Kadam Marg
Status
Sold Out
Type
Residential
Floors
36
How prices stack up in Lower Parel
From MPE live listings · your own dataResale
₹46,233/sq.ft
median · 101 listings
Rent
₹225.0/sq.ft/mo
2 BHK ~₹150,000/mo
Gross rental yield
5.8% / yr
rent vs resale value
Government circle rate here is ₹29,488/sq.ft — the market trades 57% above the official rate. Ready reckoner rates ›
Medians from MPE listings over the last 18 months. See the Mumbai price index ›
MPE insight
Timing can matter as much as location
Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›
Ask MPE on WhatsApp📝 Project Description
🏗️ Project Details
In the heart of South Mumbai at Lower Parel, Marathon Group and our Promoters confidently saw a dream of building an iconic campus that would facilitate walk to work culture, bring the luxuries of South Mumbai within the reach of resident's time and demonstrate a design efficiency that was done never before in Mumbai.
With an eye for future and a passion for building spaces that redefine the way real estate is experienced in India; Marathon Group embarked upon a journey to become the 1st Developer in India to source MIVAN - Aluminium Shuttering System for constructing an iconic project; that aesthetically and functionally qualifies a mere 'living experience' into a 'good living experience'.
Deciding upon a petal-shaped form with dilligent precision, we began crafting an award winning structure, that not only offers panoramic views of the Arabian Sea, but also provides unique recreational design for amenities and living spaces that will amplify Luxury Living with private capsule elevators.
This structure is today what we call as - "NextGen Era". NextGen Era offers Exclusive 5BHK Triplex Penthouse.
🏢 About the project
2/3 BHK luxurious apartments New age elevation to enhance the Generation Next look
Grand entrance lobby with international landscape & paved open spaces
Modern Club house with health club, sauna, jacuzzi, tennis & squash court, designer paved areas, jogging track & amphitheater. Podium & Multi-level car park, with provision of two car parking facility for each flat. Hightech Security System for a peaceful and tension free life. Finance available from all major financial institutions.The project has different rates for different phases.Availability only on higher floor. The rate is varies from floor to floor. There are only Duplex available on the higher floor with rate of Rs.26000/- sq.ft.
📍 About the Location
It is in close proximity to Lower Parel Station and very near to getting to both South Mumbai and Suburbs. The added advantage is you get 2 exits one from the conventional Prabhadevi route to go north or you can take the eastern express highway.
📈 Rate history
Early quoted rates for this building (historic), from MPE’s own records:
| Year | Rate (₹/sqft) |
|---|---|
| 2005 | ₹7,350 |
| 2006 | ₹14,500 |
| 2007 | ₹20,500 |
Today, resale in Lower Parel trades around ₹46,233/sq.ft (area median) — see the price panel above.
📋 Project Remarks
Penthouse available @ 40CR
🗺️ Proximity & Distances
Airport
45 Min Domestic - 60 Min International
Railway Station
2 min
Hospital
20-30 min
School
15 min
⭐ Project Ratings
📈 Price History
9/15/2005 - Rs. 7191/-
11/21/2005 - Rs.7350/-
1/16/2006 - Rs.7600/-
4/11/2006 - Rs.10600/-
9/13/2006 - Rs.12000/-
11/22/2006 - Rs.14500/-
1/13/2007 - Rs.15000/-
2/9/2007 - Rs.16000/-
8/27/2007 - Rs.20000/-
9/26/2007 - Rs.20500/-
11/21/2005 - Rs.7350/-
1/16/2006 - Rs.7600/-
4/11/2006 - Rs.10600/-
9/13/2006 - Rs.12000/-
11/22/2006 - Rs.14500/-
1/13/2007 - Rs.15000/-
2/9/2007 - Rs.16000/-
8/27/2007 - Rs.20000/-
9/26/2007 - Rs.20500/-
📸 Project Gallery (17 images)
Main Image
6th March 2006
5 June 2006
Lay Out
13 Nov 2006
13 Nov 2006
26 July 2007
8 Nov 2007
Main Image
8 Oct 2008
3 Feb 2009
5th Dec 2009
4 May 2010
5th Dec 2011
Building
Floor Plan
Site Plan
🏊 Amenities & Features (6 amenities)
Common
(4)
🏛️ Club House🏢 Grand entrance lobby🏋️ Health Club🏢 Outdoor Games
Interior
(1)
🏠 POP finished walls
General
(1)
✨ None
📐 Floor Plans & Site Plans
🔒 Share your details to receive floor plans directly on WhatsApp.
📐 Floor Plan — 🔐 Share details to view
🗺️ Site Plan — 🔐 Share details to view
📐 Approximate Pricing — Area & Bedrooms
| Type | Carpet Area | Indicative Price | Approx. ₹/sqft |
|---|---|---|---|
| Pent House | 7200 sq.ft. | — | — |
⚠️ Disclaimer: All prices listed above are approximate and indicative only,
sourced from publicly available information. Final pricing is determined and communicated
exclusively by the Developer at their registered office. Mumbai Property Exchange makes no
warranty regarding accuracy and accepts no liability — no queries on pricing shall be
entertained.
🧭 Project Compass
How far is Next Gen Era from your daily life? Add your anchors to see commute times.
🧮 Financial Tools
💰 EMI Calculator
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Monthly EMI
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Loan Amount
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Total Interest
🔄 Rent vs Buy
Should you rent or buy in Lower Parel? Compare monthly costs.
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Monthly Rent Cost
—
Monthly Buy Cost (EMI)
❓ Frequently Asked Questions
What configurations are available at Next Gen Era?
Next Gen Era offers 3 BHK, 5 BHK, 6 BHK, Pent House configurations.
What amenities are available at Next Gen Era?
Next Gen Era offers amenities including Club House, Grand entrance lobby, Health Club, POP finished walls, and more.
Where is Next Gen Era located?
Next Gen Era is located in Lower Parel, Mumbai.
📊 Property Rates in Lower Parel
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