Marathon Nextgen Realty Acquires Monte South Stake For Rs 335 Crore

Board approved acquiring extra 60% in JV Swayam Realtors for Monte South Byculla for up to Rs 135 Cr cash plus Rs 200 Cr guarantee for full interest; funding needs shareholder nod. Moves flagship Byculla project from shared JV to full ownership, consolidating residential execution and upcoming commercial pipeline under direct control. Ups upfront cash plus large guarantee exposure; completion in two months with JV loans still needing shareholder vote; deal economics and funding mix undisclosed.