Few pockets of Noida carry as dense a footprint of a single developer as Sector 78 does for Mahagun Group. Over successive launch cycles, the group has placed three named developments here — Mahagun Mezzaria, Mahagun Marvella, and Mahagun Moderne — turning one sector into a cluster of its higher-tier residential output rather than a single, isolated project. This concentration matters for a buyer: it means Mahagun's construction teams, facility-management systems, and after-possession service structures in Sector 78 are already tested across multiple towers and years of occupancy, not being set up fresh.
Mahagun Group was founded in 1995 by Mr. Pawan Kumar Jain and is headquartered in Noida, Uttar Pradesh. Operating as a conglomerate with interests in residential real estate, commercial development, and hospitality, the group has spent over three decades building its presence across the National Capital Region, with its primary geography spanning Noida, Greater Noida West, the Noida Expressway corridor, and Ghaziabad. The group's official profile records delivered development of approximately 15.76 million sq ft covering around 11,500 residential units, alongside hotels and commercial spaces. Its founder, a civil engineer by training, has been credited with pioneering work across various construction projects; the group's second generation, led by Mr. Amit Jain and Mr. Pawan Jain, now steers the newer, higher-specification developments.
The second generation of leadership introduced the M Collection, a series of ultra-luxury addresses beginning with Mahagun Mezzaria at Sector 78 Noida, described internally as luxury in mid-air over a ten-acre landscaped plot, with double-height ceilings and VRF air-conditioning. Mezzaria itself is a ready-to-move development of eight towers rising to roughly 34 floors, offering 3 and 4 BHK apartments across a 10-acre site with close to 80 percent of the land kept as open space, designed in an art deco idiom by architect Hafeez Contractor and built to IGBC Gold environmental standards.
Within the same Moderne township, Mahagun placed its Marvella tower — a single 28-storey block dedicated entirely to 5 BHK condominiums sized between roughly 5,600 and 6,000 sq ft, complete with a helipad, a 24th-floor swimming pool, and a 25th-floor club, again designed by Hafeez Contractor. Mahagun Moderne, the wider 25-acre township that houses Marvella, spans a mix of high-rise and low-rise formats — 2, 3 and 4 BHK apartments, independent floors, and duplexes — and is built around a roughly 6-acre central park. Together, the three projects illustrate a deliberate range: from mid-luxury towers to a single-tower super-luxury address, all inside walking distance of each other.
Mahagun's collaboration with architect Hafeez Contractor spans multiple flagship addresses: Mahagun Villa in Ghaziabad, Mahagun Mywoods, Mahagun Marvella at Sector 78, Mahagun Mirabella at Sector 79, and Mahagun Meadows at Sector 150 Noida. The repetition of this partnership across Sector 78 and the adjoining Sector 79 — where Mahagun Mirabella offers 2 to 4 BHK apartments — signals that this stretch of central Noida is treated by the group as one contiguous premium corridor rather than a series of unrelated launches.
The Sector 101 metro station is within walking distance, and Ved Van Park is a unique landmark in the locality. The Aqua Line extension from Sector 51 to Knowledge Park V is moving forward, with construction progressing and the project expected to be operational by 2027-28. Once the extension opens with a station in the Sector 76-78 corridor, commute times will drop significantly. The location also has direct connectivity to the FNG expressway and the Noida-Greater Noida Expressway, linking Mahagun's Sector 78 towers to the wider employment belt spanning central Noida, Greater Noida, and Ghaziabad — the same four-market geography the group already builds across.
Sector 78 carries top schools such as Manav Rachna and hospitals including Fortis, alongside parks and dining options. Popular malls near Sector 78 include DLF Mall of India and Logix City Center, which offer a variety of shopping, dining, and entertainment options. This level of daily-life infrastructure is part of why Mahagun has repeatedly chosen the sector for towers that skew toward larger-format 3, 4 and 5 BHK homes rather than compact starter units — the buyer profile it targets here already expects schools, hospitals and malls within a short drive.
The average property price in Sector 78 is around ₹12,950 per sq ft, with prices generally ranging between roughly ₹6.5 lakh and ₹10.19 crore depending on the project and exact location. Independent trackers put five-year price growth in the sector at over 107 percent. Within this range, Mahagun's own super-luxury stock trades distinctly higher — resale values in towers like Marvella and Mezzaria run well above the sector average, reflecting their larger unit sizes, single-developer scale, and the Hafeez Contractor design pedigree that runs through them.