A detailed property analysis report of Marathon Nexzone in ...

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Transcript of A detailed property analysis report of Marathon Nexzone in ...

PROPINSIGHTA Detailed Property Analysis Report

40,000+Projects

10,000+Builders

1,200+Localities

Report Created On - 7 Oct, 2015

What isPROPINSIGHT?PROPINSIGHT?

Price Insight

This section aims to show the detailed price of a project andsplit it into its various components including hidden ones.Various price trends are also shown in this section.

Project Insight

This section compares your project with similar projects in thelocality on construction parameters like livability rating, safetyrating, launch date, etc.

Builder Insight

This section delves into the details about the builder and tries to givethe user a perspective about the history of the builder as well as hiscurrent endeavours.

Locality Info

This section aims to showcase various amenities viz. pre-schools,schools, parks, restaurants, hospitals and shopping complexes near aproject.

Project Size12 Towers

Configurations2 Bedroom Apartment

Possession StartsDec `19

Marathon NexzoneMarathon NexzonePanvel, Mumbai

53.3 Lacs onwards53.3 Lacs onwardsLivability Score

7.6/ 10

What isPRICE INSIGHT?PRICE INSIGHT?

Pricing Comparison

Comparison of detailed prices with various other similarprojects

Pricing Trends

Price appreciation and trends for the project as well as the locality

Price versus Time to completion

An understanding of how the current project’s prices are performingvis-a-vis other projects in the same locality

Demand Comparison

An understanding of how the strong/weak is the demand of currentproject and the current locality vis-a-vis others

Price Trend Of Marathon NexzoneP

rice

(Rs

per

sq ft

)

Marathon Nexzone VS Panvel, Mumbai

5,151 5,151

5,251 5,251 5,251 5,251

5,494

5,718 5,718

5,818 5,818 5,818 5,818

6,091 6,091 6,091

5,993 5,993

4,979 4,968

5,060

5,290

5,0475,075

5,1225,171 5,181

5,206

5,145 5,145 5,157

5,217 5,2025,241

5,299 5,305

Nexzone Panvel

Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '154800

5000

5200

5400

5600

5800

6000

6200

2BHK+2T

825, 891, 926, 957, 959, 983, 995, 1024, 1039, 1059, 1070, 1163, 1163, 1215, 1286, 1338

2BHK+2T(Vega)

983, 1059, 1215

For more information, visit here

Property TypeProperty Type

Area (sq.ft.)Area (sq.ft.)

Price Comparison With Other Projects Similar To Marathon Nexzone

Marathon NexzonePanvel, Mumbai

Garnet Construction BrillantePanvel, Mumbai

Paradise Group Sai World CityPanvel, Mumbai

Primary Purchase Price 5,751/sq.ft. 6,100/sq.ft. N.A.

Advance MaintenanceCharges (Month)

N.A. Rs. 1 (One time) N.A.

Car Parking Charges N.A. N.A. N.A.

Power Backup Charges N.A. N.A. N.A.

Club House Charges N.A. Rs. 1 Lacs (One time) N.A.

*For price mentioned in psf, the total price is calculated as price multiplied by area of property For more information, visit here

Price Versus Time-To-Completion

Marathon Nexzone's current price is Rs. 5751/sq. ft. and it is in Under Construction stage.

In comparison to locality, Marathon Nexzone is overpriced by Rs. 575.23/sq. ft.

Highest price in the locality is for Garnet Construction Brillante at 6100/sq. ft. and it is in Launching Soon stage.

Lowest price in the locality at Dream Home Sai Park at 3500/sq. ft. and it is in Under Construction stage.

Bui

lder

Pri

ce (

Per

Uni

t Are

a )

Current status of projects in 5 km vicinity of Marathon Nexzone

Marathon Nexzone Arihant Akanksha Dream Home Sai Park Siddhivinayak Homes Eden Sairaj Golden View Garnet Construction BrillanteAavishkaar Group Aavishkaar Corner K W Rose Garden Sairaj Sairaj Niwara Qualcon Patel Residency

Lauching soon New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Ready to move in3000

3500

4000

4500

5000

5500

6000

6500

For more information, visit here

Demand Comparison With Other Projects Similar To Marathon Nexzone

AnalysisAnalysis

Nexzone has 86.02 % demand amongst all projects inMumbai.

The highest demand 86.02% in Mumbai is for Nexzone.

The lowest demand 0.00% in Mumbai is for Sai Park

Dem

and

Demand of projects in 5 km vicinity of Marathon Nexzone

86.02%

9.72%4.18% 0.07% 0.00%

Nexzone Sai World City

Akanksha Heritage Sai Park0%

50%

100%

Dem

and

Demand in popular localities of Mumbai

6.94%

26.48%

16.97%

2.69% 2.57% 2.53%

Panvel Dombivali Thane West

Andheri East

Kanjurmarg Chembur0%

10%

20%

30%AnalysisAnalysis

Panvel has 6.94 % demand amongst all projects in Mumbai.

The highest demand 26.48% in Mumbai is for Dombivali.

The lowest demand 2.53% in Mumbai is for Chembur

For more information, visit here

PROJECT INSIGHTPROJECT INSIGHTFavorite project vis-a-vis similar others

Basic Details Comparison

A comparison of various basic details of the project likelivability rating, project land area, loading percentage, delayetc. with other similar projects

Amenities Comparison

A comparison of various amenities of the project like SwimmingPool, Gymnasium, Intercom, 24X7 Security etc with other similarprojects

Marathon Nexzone Comparison With Other Similar Projects

Marathon NexzonePanvel, Mumbai

Garnet Construction BrillantePanvel, Mumbai

Paradise Group Sai World CityPanvel, Mumbai

Livability Rating* 7.6/10 7.1/10 7.2/10

Safety Rating* N.A. N.A. N.A.

Builder Marathon Garnet Construction Paradise Group

Locality Panvel, Mumbai Panvel, Mumbai Panvel, Mumbai

Number of Towers 12 3 13

Project Land Area 25 Acres N.A. 42 Acres

*Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms, Know more

*Safety rating is provided on the basis of safety pin data

For more information, visit here

Marathon Nexzone Comparison With Other Similar Projects (Continued ...)

Marathon NexzonePanvel, Mumbai

Garnet Construction BrillantePanvel, Mumbai

Paradise Group Sai World CityPanvel, Mumbai

Part of Township Yes No No

Average Flats Per Floor 8 9 7

Loading Percentage 52.52% N.A. N.A.

Launch Date Sep `11 N.A. Apr `15

Possession Date Dec `19 Dec `18 Dec `19

Delay On time On time 8 month(s)

For more information, visit here

Common Amenities Gymnasium Swimming Pool Children's play area Club House Sports Facility Jogging Track

Amenities not available in anyproject

Golf Course Maintenance Staff

Amenities Comparison Of Marathon Nexzone With Other Similar Projects

Marathon NexzonePanvel, Mumbai

Garnet Construction BrillantePanvel, Mumbai

Paradise Group Sai World CityPanvel, Mumbai

Cafeteria

Intercom

24 X 7 Security

Power Backup

Landscaped Gardens

For more information, visit here

BUILDER INSIGHTBUILDER INSIGHTCredentials of the builder

Builder Profile

A detailed overview of builder including his past track record,number of years of operation, number of projects deliveredetc.

Delivered Projects

Info about top projects that have been delivered by builder in thepast, their date of delivery etc.

Under-Construction Projects

Info about top under-construction projects of the builder along withtheir price appreciation trends

Experience 46 Years

Project Delivered 14

Ongoing Projects 6

Overview Of Developer (Marathon)

Marathon Realty was founded in the year 1969 by its founder Shri Ramniklal Shah who holds office as

the Chairman today. Marathon Realty was founded on the philosophies of complete transparency

and customer commitment. The company is helmed by Managing Director Mayur Shah and Vice

Chairman Chetan Shah. With more than 45 years of real estate experience and more than 5000

happy families as satisfied customers, the company has made a mark in the greater Mumbai area and

other key locations. The portfolio of property by Marathon Realty encompasses more than 80

projects in both commercial and residential segments and the company is currently engaged in

developing projects that cover 18 million sq ft while 2 million sq ft of business spaces is also being

constructed.

The Group patriarch first created the master plan spread over 550 acres for the suburb of Mulund in

Mumbai in the year 1922. Over the years, the company has successfully developed residential, retail,

commercial, township and mixed use projects. The company has served more than 350 businesses

and 400 retailers till date. The company wishes to be a preferred choice in terms of trust, customer

satisfaction and development expertise. It also prides itself on providing best in class designs.Unique Selling Point:Unique Selling Point:

Innovation is what drives the company above all else. The Vice Chairman and Managing Director

both hold Masters’ degrees from the United States of America and emphasize strongly on the

adoption of innovative technologies that foster the creation of top class products with premium

quality. The company is one of the first ever developers to make use of innovative construction

technology and the MIVAN Aluminum Shuttering System from Ireland in addition to the PERI table

formwork from Germany and STEN technology. The company has its own performance management

system that helps monitor progress and ensure swift execution of projects.

Integrity, transparency, customer satisfaction and exponential value creation are regarded very highly

at the company and shape all its activities in this sector.Landmark Projects:Landmark Projects:

Poonam is one of the landmark projects developed by the company and was the first ever 7 storied

residential building built in Mulund. It was also the first building in Mulund to possess a lift and was

developed in the year 1972. Antariksh, built in the year 1996, was the first ever high-rise in Mulund

with the residential tower going up to 190 ft. Marathon Futurex is a pioneering commercial project

offering quality corporate business spaces at Lower Parel. This project comes with an engaging

design, energy conservation attributes and innovative construction technologies. Monte South is

another landmark project located at Byculla and offers easy connectivity to several hospitals, leisure,

recreational, retail and entertainment destinations. The venture has been jointly developed with

Adani Realty.

Marathon Nextown is a leading project offering quality living spaces in close proximity to the Kalyan-

Shil Road in Dombivali East. These NEX Homes offer 1 and 2 BHK configurations and are located

around 11 kilometres away from the Dombivali railway station while the Nilaje railway station and Diva

Junction are also located nearby.Key Technologies Used:Key Technologies Used:

The company makes use of pioneering technologies for its projects including the MIVAN aluminum

shuttering system from Ireland, STEN technology and the innovative PERI table formwork from

Germany.Number of Projects in a Year:Number of Projects in a Year:

The company develops 1-2 projects every year on an average.

Top Projects Delivered By Marathon

Marathon Nextgen EraMarathon Nextgen EraLower Parel, Mumbai

Livability Score

Project was delivered on May, 2011

Marathon HeightsMarathon HeightsLower Parel, Mumbai

Livability Score

Project was delivered on Mar, 2011

Marathon CosmosMarathon CosmosMulund West, Mumbai

Livability Score

Project was delivered on Feb, 2011

Marathon Marathon Monte VistaMarathon Marathon Monte VistaMulund West, Mumbai

Livability Score

Project was delivered on Dec, 2013

For more information, visit here

8.2 7.4

7.3 7.0

Projects Under Construction By Marathon

Marathon NextownMarathon NextownDombivali, Mumbai

Livability Score

Project is expected to be delivered on Dec, 2016

Has seen a price appreciation of 21.5 % 21.5 % over last 2929

month(s)month(s)

Marathon NexzoneMarathon NexzonePanvel, Mumbai

Livability Score

Project is expected to be delivered on Dec, 2019

Has seen a price appreciation of 18 % 18 % over last 29 month(s)29 month(s)

For more information, visit here

7.7 7.6

LOCALITY INSIGHTLOCALITY INSIGHTEverything you want to know about the locality

Play Schools Near Marathon Nexzone, Mumbai

Play SchoolsPlay Schools

11 Wunderbar Kids, New Panvel 3.51Km3.51Km

22 Wunderbar Kids, New Panvel,Navi Mumbai 4.72Km4.72Km

33 Wunderbar Kids Pvt Ltd 4.18Km4.18Km

44 Little Angels Eco School 2.61Km2.61Km

55 Ratnas Kindergarten 3.99Km3.99Km

Top 5 Play Schools (within 5 kms)Top 5 Play Schools (within 5 kms)

NN Represents the location ofMarathon Nexzone

For more information, visit here

Schools Near Marathon Nexzone, Mumbai

SchoolsSchools

11 Kendriya Vidyalaya ONGC 1.09Km1.09Km

22 Banthia School 3.53Km3.53Km

33 St. Joseph High School 4.94Km4.94Km

44 Dayanand Anglo Vedic School 4.33Km4.33Km

55 St. George School 4.82Km4.82Km

Top 5 Schools (within 5 kms)Top 5 Schools (within 5 kms)

NN Represents the location ofMarathon Nexzone

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Restaurants Near Marathon Nexzone, Mumbai

RestaurantsRestaurants

11 Hotel Kokani Lajjat 3.28Km3.28Km

22 Jhulelal Chat Grill 4.08Km4.08Km

33 Bharat 2.16Km2.16Km

44 Babu's Auberge 3.97Km3.97Km

55 Hotel Pravin 2.37Km2.37Km

Top 5 Restaurants (within 5 kms)Top 5 Restaurants (within 5 kms)

NN Represents the location ofMarathon Nexzone

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Hospitals Near Marathon Nexzone, Mumbai

HospitalsHospitals

11 Sanjeevan Hospital 3.66Km3.66Km

22 Dr. Oza's Hospital 3.85Km3.85Km

33 Life Line Hospital 3.34Km3.34Km

44 Paramount Hospital 2.80Km2.80Km

55 Birmole Hospital 3.66Km3.66Km

Top 5 Hospitals (within 5 kms)Top 5 Hospitals (within 5 kms)

NN Represents the location ofMarathon Nexzone

For more information, visit here