Marathon Nextgen Realty Limited (MNRL) has announced a significant expansion move through its Wholly Owned Subsidiary, Nexzone IT Infrastructures Private Limited (NZIT). On March 27, 2026, the company informed stock exchanges that NZIT has acquired controlling interests in three entities: DVK Developers Private Limited, Shree SS Developers Private Limited, and Shree Swami Samarth Builders. The total investment for these acquisitions amounts to Rs. 70.00 Crores, aimed at bolstering the company’s real estate portfolio in the Mumbai Metropolitan Region (MMR).

The details of the acquisition reveal a multi-pronged entry into various project scales. NZIT acquired a 51% controlling interest in DVK Developers for Rs. 22.48 Crores, a firm with a projected Gross Development Value (GDV) exceeding Rs. 245 Crores. Simultaneously, it picked up a 51% stake in Shree SS Developers for Rs. 40.27 Crores, which brings a substantial GDV of over Rs. 385 Crores. Finally, the subsidiary acquired a 51% interest in the partnership firm Shree Swami Samarth Builders for Rs. 7.26 Crores, adding a projected GDV of over Rs. 210 Crores. All transactions were completed via cash consideration and are expected to drive vertical expansion and improve the company’s customer base.

Marathon Nextgen Realty is a prominent real estate player known for its residential and commercial projects across Mumbai. Throughout 2025, the company focused on aggressive project execution and strengthening its presence in the luxury and township segments. Recent updates from late 2025 indicated a shift toward high-yield redevelopment projects and the integration of sustainable building practices. The company has consistently received orders for premium office spaces in its “Marathon Futurex” commercial hub and has been actively expanding its “Nexzone” brand to cater to the evolving demand for integrated townships.

In terms of financial performance, for the quarter ended December 31, 2025, the company reported a steady upward trajectory in its revenue and profit margins. Revenue growth was driven by high collection rates from ongoing projects and new sales launches. The company has attracted interest from notable institutional investors and high-net-worth individuals in 2025, who have recognized its debt-reduction strategies and robust project pipeline. Specific financial disclosures for the December 2025 period showed a double-digit percentage increase in net profit compared to the previous year, supported by the successful handover of several mid-income housing phases.