Marathon news
All 6 EstateHerald stories about Marathon, newest first. Latest: 4 November 2026.
The proposal would more than triple shareholder-approved exposure to the Swayam JV that is building Monte South in Byculla.
Three financial services firms will pay about ₹99.45 lakh a month for five office units, with rent rising 5% every year.
The deal moves the Byculla project from a shared arrangement to full ownership, and the price is split between cash and bank guarantees.
The deal would end a shared-risk arrangement on a large South Mumbai mill-land project and move the listed developer to 100% economic interest.
A third-party rating platform lists the stock at Strong Sell, while the company's own figures show higher sales and a sharp fall in half-year profit.
Bookings jumped in the September quarter, but income and profit were lower than in June, and the board's next meeting on new investments is due on 27 October.