NeoLiv Enters Khopoli with ₹600 Cr. Villa Development

Mumbai-based fund-led real estate developer NeoLiv has signed a management agreement to develop a 47-acre mixed-use villa project in Khopoli, a fast-emerging micro-market in the Mumbai Metropolitan Region (MMR). The project carries an estimated revenue potential of ₹600 crore.

This development marks a strategic expansion for NeoLiv into a high-growth corridor and will feature a premium residential enclave comprising villas and plotted residences, along with retail convenience spaces, lifestyle amenities, and the region’s first theme-based residential concept. An internationally designed clubhouse will also be a key highlight of the community.

Backed by institutional capital through its SEBI-approved fund supported by ultra-high-net-worth individuals, NeoLiv aims to set new benchmarks in premium housing. Founder and CEO Mohit Malhotra noted that the project is among the company’s largest ventures to date and is driven by a leadership team with over 100 years of collective industry experience.

The initiative reflects NeoLiv’s broader vision to deliver transformational residential experiences in emerging urban hubs.

News by Rahul Yelligetti