3rd class builders. Review on Marathon Nextown, Dombivali, Thane Marathon Nextown, Dombivali, Thane

by Marathon Realty, Thane

I have been living in this project since 2020.

1. This is a joint venture (JV) project with the landowner, and 40% of the flats remain unsold.

   
   




2. The builder delayed the project by 4 to 5 years. Phase one was supposed to be completed in 2020, but it is still not finished.

   
   




3. The society handover has been delayed for 7 years.

   
   




4. The STP (Sewage Treatment Plant) has been shut down since July, and the society does not have sufficient funds to operate it due to the unsold inventory.

   
   




5. There is no proper boundary wall for the project, resulting in too many street dogs, which is very dangerous.

   
   




6. The project lacks essential amenities like a garden and a clubhouse.

   
   

I am frustrated because the property has no resale value, and property rates have depreciated by 20% to 30%.