NeoLiv To Build 12 Residential And Plotted Developments In NCR And MMR


NeoLiv, a residential investment and development platform, has launched a 150 million fund offering, with overallotment option of 60 million. The business intends to build 12 residential and planned development projects in the Delhi-NCR and Mumbai Metropolitan Region.

NeoLiv was created to handle all aspects of real estate projects, from funding to execution to final handover and even post-possession management. The company is also looking at joint development opportunities in NCR.

It intends to create 10 million square feet by the end of current fiscal year. It is also interested in planned developments in marketplaces such as Sonepat and Panipat, among others. The bulk of the company’s offering in group home construction will be in the Rs 1 crore to 3 crore range.

NeoLiv is a real estate funding and development platform launched by former Godrej Properties MD Mohit Malhotra and six other real estate equity partners. Previously, the alternative asset business 360 ONE formed a strategic collaboration with NeoLiv by purchasing a minority investment in the company.

Expansion Of NeoLiv Equity Partners

The 360 One is an asset management firm focused on wealth and alternatives, has taken a minority investment in NeoLiv, bringing the total number of equity partners to eight.

NeoLiv is a complete residential platform that includes both fund management and development arms, benefiting all parties, including investors and customers.

The AIF’s first closing is expected before the end of this year. Malhotra, who worked with Godrej Properties for nearly 12 years, is in charge of the initiative.

Expansion Objectives Of The NeoLiv

NeoLiv aims to enter into 7-8 JDAs by the end of 2023 to develop 10 million square feet of mixed projects. They may consider outright land deals for the upcoming plotted developments. The company is all set to launch atleast two residential projects by the end of the year.

The company primarily focusing on the group housing and plotted developments and aiming mid-income segment buyer by offering high-quality homes. Majority of their homes will priced between 1-3 crore and plots are available at 50 lakhs to one crore.

A Glimpse Of The Future – NeoLiv Upcoming Projects

NeoLiv Real Estate Builder has made a name for itself in the constantly evolving real estate market of the National Capital Region (NCR). The excitement surrounding the company’s upcoming developments is palpable, thanks to their reputation for delivering top-notch properties.

Its projects are expected to revolutionize the concept of luxury living and establish a new benchmark for contemporary design and facilities. Let’s take a closer look at some of the highly anticipated ventures by this innovative company.

Located in Noida’s center, NeoLiv Horizon Heights is a high-rise residence with 2, 3, and 4 bedroom apartments that provide excellent connectivity with Delhi and other significant areas of NCR. A fitness center, swimming pool, clubhouse, and landscaped gardens are among the state-of-the-art facilities available to residents.

The modern design and eco-friendly features of the development make it an ideal choice for those who are interested in an urban living experience.

NeoLiv Real Estate – Transforming NCR’s Skyline

NeoLiv Real Estate, led by visionary entrepreneur Mohit Malhotra, is reshaping the NCR skyline. With a commitment to innovation and sustainability, they are setting new standards in the real estate industry.

Their projects reflect Mohit Malhotra dedication to quality and aesthetics, redefining urban living. NeoLiv’s developments seamlessly blend modern design and eco-friendly practices, offering residents a harmonious lifestyle.

NeoLiv Mohit Malhotra ensures that every project is a masterpiece, creating urban spaces that inspire and elevate the way people live. Mohit Malhotra NeoLiv presence in the NCR region signifies a bright future for real estate, where excellence meets innovation.

Source- Moneycontrol

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