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Next Gen Era

Ready building · resale & lease in Lower Parel

Lower Parel, Opp Morarji Mills, Off Ganpatrao Kadam Marg

Sold Out Residential

Quick facts

Status
Sold Out
Floors
36
Type
Residential
Zone Avg Rate
₹70,041/sq.ft · 94 projects
Developer
Marathon Group
Location
Lower Parel, Opp Morarji Mills, Off Ganpatrao Kadam Marg

At a glance

swipe →
Area price trend
₹68,300/sq.ft
+13.1% since Q2 25 · asking rate for homes in Lower Parel
Who's looking
31 requests
People asked us for Lower Parel in the last 90 days — 12 to buy.
Getting around
  • Line 3 Aqua0.8 km
  • Worli-Sewri Connector0.9 km
  • Coastal Road (Phase 1)1.1 km

A first look at Next Gen Era

Next Gen Era is a ready residential building by Marathon Group in Lower Parel, Mumbai. The building has 36 floors.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Approximate pricing — area & bedrooms

TypeCarpet AreaIndicative PriceApprox. ₹/sqft
Pent House7200 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.

Building overview

Location

Next Gen Era is located in Lower Parel, Mumbai. Across 407 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹64,400 per sq ft, and a 2 BHK typically rents for about ₹1.22 Lac a month.

Building facts

This residential building by Marathon Group rises 36 floors and is sold out. Amenities on record include Club House, Grand entrance lobby, Health Club, Outdoor Games, POP finished walls, Landscaped & paved open spaces.

Configurations and prices

Configurations recorded are Pent House of 7,200 sq ft (carpet area). Prices are indicative and should be reconfirmed before booking.

Developer track record

Marathon Group has 13 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Marathon Nexzone Phase 3, Marathon Futurex, Sunset Gardens.

Buyer demand in Lower Parel

In the last 90 days, buyers and tenants registered 31 requirements for Lower Parel with Mumbai Property Exchange, 12 of them to buy.

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 data
Resale
₹64,400/sq.ft
median · 407 listings
Rent
₹240.7/sq.ft/mo
2 BHK ~₹122,000/mo
Gross rental yield
4.5% / yr
rent vs resale value

Government circle rate here is ₹29,488/sq.ft — the market trades 118% 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

Building description

Building details

About the building

About the location

📈 Rate history

Early quoted rates for this building (historic), from MPE’s own records:

₹7,3502005₹14,5002006₹20,5002007
YearRate (₹/sqft)
2005₹7,350
2006₹14,500
2007₹20,500

Today, resale in Lower Parel trades around ₹64,400/sq.ft (area median) — see the price panel above.

Building remarks

🗺️ Proximity & Distances

✈️
Airport
45 Min Domestic - 60 Min International
🚆
Railway Station
2 min
🏥
Hospital
20-30 min
🏫
School
15 min

Building ratings

4.0
★ ★ ★ ★ ☆
Building
9.6
★ ★ ★ ★ ★
Location
6.6
★ ★ ★ ★ ★
Amenities
6.3
★ ★ ★ ★ ★
Legal
6.6
★ ★ ★ ★ ★
Value for Money

📈 Price History

🏊 Amenities & Features (6 amenities)

Common (4)
🏛️ Club House🏢 Grand entrance lobby🏋️ Health Club🏢 Outdoor Games
Interior (1)
🏠 POP finished walls
General (1)
✨ Landscaped & paved open spaces

Floor plans & site plans

Indicative floor plans as shared by the developer; subject to change.

🧭 Building 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
—
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)

📍 Next Gen Era location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Upcoming projects & infrastructure in Lower Parel

6 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031; the nearest upcoming infrastructure to Next Gen Era is the Worli-Sewri Connector, 0.9 km away (under construction · due 2026).

6
MahaRERA projects handing over in the next 5 years
in Lower Parel
₹59,900/sqft▲
typical asking price
rising this quarter
₹29,500/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Lower Parel by possession year
1
2027
2
2028
1
2029
1
2030
1
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Next Gen Era
  • 🚇Line 3 AquaOpened 20250.8 km
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.9 km
  • 🛣️Coastal Road (Phase 1)Opened 20241.1 km
  • 🚇Line 11 GreenApproved2.0 km
📜 4,191 registered transactions (IGR) on record in Lower Parel. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Lower Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower Parel, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Next Gen Era located?

Next Gen Era is in Lower Parel, Mumbai.

Are flats available in Next Gen Era right now?

No flats are listed in Next Gen Era on Mumbai Property Exchange at the moment. Ask an advisor to be alerted when one comes up.

Who is the developer of Next Gen Era?

Marathon Group, with 13 projects tracked on Mumbai Property Exchange.

What configurations are available at Next Gen Era?

Next Gen Era offers Pent House configurations.

How many new projects are coming up in Lower Parel?

6 MahaRERA-registered projects in Lower Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Next Gen Era?

Line 3 Aqua — opened 2025, 0.8 km away; Worli-Sewri Connector — under construction · due 2026, 0.9 km away; Coastal Road (Phase 1) — opened 2024, 1.1 km away; Line 11 Green — approved, 2.0 km away. Timelines are as announced and can change.

What amenities are available at Next Gen Era?

Next Gen Era offers amenities including Club House, Grand entrance lobby, Health Club, POP finished walls, Landscaped & paved open spaces, and more.

📊 Property Rates in Lower Parel

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🏘️ Properties in Lower Parel

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Sandeep Sadh, founder of Mumbai Property Exchange
Advice from Sandeep Sadh, founder of Mumbai Property Exchange — in Mumbai real estate since 1995.
MahaRERA registered agent A51800043517 · independent advice on new projects, resale and leasing
Ask on WhatsApp
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 2026-03-06). 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.

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