Mumbai Real Estate: 3 Financial Firms Lease 28,976 Sq Ft At Lower Parel’s Marathon Futurex For ₹99.45 Lakh Monthly Rent
Mumbai, November 3, 2026: The commercial office market in Lower Parel continues to see strong traction, with a large lease transaction at Marathon Futurex on N M Joshi Marg. According to documents sourced from CRE Matrix, a real estate data analytics firm, three financial services companies have jointly leased five units spread across the third floor of Wings B and C at Marathon Futurex. The…
Mumbai's commercial real estate market remains robust, as evidenced by a recent significant lease transaction at Marathon Futurex in Lower Parel. Three financial services firms have come together to lease a total of 28,976 square feet of office space for a monthly rent of ₹99.44 lakh. The five-unit lease, which spans the third floor of Wings B and C, is set to last for five years, from January 20, 2027, to January 19, 2032. The deal includes a substantial security deposit of ₹3.97 crore.
Arvesta Financial Services Private Limited occupies Unit No. 301 in Wing B, leasing out 7,518 sq ft for ₹26.68 lakh per month, along with five car parks. Neo Wealth Management Private Limited, Neo Markets Services Private Limited, and Neo Markets Services Private Limited each lease three separate units, with areas ranging from 3,740 to 5,212 sq ft, at monthly rents of ₹13.27 lakh, ₹19.04 lakh, and ₹18.50 lakh respectively.
All five leased units are owned by Marathon Realty Private Limited and Marathon Nextgen Realty Limited.
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