Tuesday, February 14, 2017

Marathon NexTown Review

Overview

Dombivali as a location has seen huge appreciation over the last couple years. The reason for this phenomenon is the landmark project by Lodha group in this suburban area. It has changed the future potential as well as the profile of the area. Marathon Nextown is a project by marathon group in Dombivali offering 1 and 2 bedroom apartments to prospective home buyers. This new project by Marathon will be located near Shil Phata in Dombivli East. Let’s have quick fat check about the project

Quick Fact Check

Marathon Nextown is a part of the 90 acre township which is located 5 Kms from Dombivli Station & 4 km from the Diva Station.
  • Spacious 1 & 2 BHK apartments
  • 14 acres project
  • Total floors: 18
  • World class modern amenities
  • Vaastu Compliant
  • Piped-gas
  • Swimming Pool
  • Park
  • Security Personnel
  • Maintenance Staff
  • Bank Attached Property
  • Fitness Centre / GYM
  • Club house / Community Center
  • Water softening plant
  • Shopping Centre
  • Waste Disposal
  • Rain Water Harvesting
  • Feng Shui / Vaastu Compliant
  • Intercom Facility
  • Water purifier
  • Lift(s)
  • Reserved Parking
  • Society/ Building Features
  • Water Storage
  • Internet/wi-fi connectivity
  • Visitor Parking 

Location

The project is located very close to Kalyan Shil road. Although, it is quite far from the stations on the central line, the road connectivity is relatively better. It's very close to Shilphata junction and Lodha group’s upcoming township of Palava. With the area set to see infrastructure developments in future along with improved connectivity, this location is bound to see good appreciation also. In fact, the resident staying at Casa Bella and Casa Rio have seen decent rentals for ready possession properties as well. There is a lot of interest from people working in areas like Mhape to buy in Dombivali.

Plans

The master plan currently available online for the project shoes a lot of clutter with relatively less open spaces. In addition, the shape of the plot is also not regular. We would have preferred much more open spaces since marathon group is known for delivering value residences with top of the line amenities 
  
In 1 bedroom apartments, you can see that the kitchen is right next to the entrance of the apartment which does not bode well for the privacy of the residents. Having two toilets in a 1 bedroom apartment is a good call although the dining area looks a bit cramped for our taste. The two bedroom apartments also look efficiently designed with the only problem being the kitchen right next to the entrance.

What do we like

  • Brand name and delivery capability
  • Future infrastructure potential
  • Appreciation potential of the location and investment opportunity

What we dont like

  • Approach road
  • Relatively cluttered master-plan and relatively less open spaces

Final verdict

The overall project plan is quite nice and if you are looking for solid investment option, Nextown offers a good potential. It is also available at a small discount to Palava which can be a consideration as well. However, the scale of the project is nowhere comparable to Palava so you might consider that as well before taking a final call.

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