NeoLiv, the Mumbai-based fund-led real estate developer, has acquired 17.5 acres of land in Khopoli, a fast-growing corridor within the Mumbai Metropolitan Region (MMR), for ₹150 crore. The company plans to develop the site into a premium residential community featuring a combination of plotted developments and villas, with a total gross saleable area of 0.36 million square feet (msf).
Mohit Malhotra, Founder and CEO of NeoLiv, described the acquisition as a significant milestone in the firm’s growth trajectory. He noted that the project is backed by ultra-high net worth individual investors through a Securities and Exchange Board of India (Sebi)-approved alternative investment fund. Malhotra highlighted that the team leading the project brings over a century of combined industry experience and is committed to delivering a premium living experience that sets new benchmarks for residential development in the region.
Khopoli has emerged as one of MMR’s most promising growth clusters, benefiting from large-scale infrastructure upgrades. Developments such as the Mumbai Trans Harbour Link, the upcoming Navi Mumbai International Airport, and enhanced connectivity via the Mumbai-Pune and Mumbai-Goa highways are expected to enhance accessibility and increase investor interest. These improvements position Khopoli as an attractive destination for both end-users seeking residential options outside Mumbai’s urban core and investors looking for long-term appreciation.
The NeoLiv project will offer modern amenities, including an internationally designed clubhouse, landscaped green zones, and features focused on safety, sustainability, and design. The development aims to create a holistic residential ecosystem tailored to aspirational homebuyers seeking premium lifestyles while staying connected to Mumbai’s metropolitan centers.
The project is being executed with backing from a Sebi-approved alternative investment fund. NeoLiv was founded by Malhotra in collaboration with industry veterans and 360 ONE, a wealth management platform managing over $65 billion in assets. This fund-led model allows NeoLiv to leverage structured capital for large-scale residential development while maintaining high design and delivery standards.
Industry analysts note that the residential real estate sector in MMR is witnessing a slowdown in new housing supply but record levels of investment. Demand is expected to stabilize, with sales volumes likely to remain lower than in 2023. Within this context, strategically located projects like NeoLiv’s Khopoli development, which combine high-quality construction with robust infrastructure connectivity, are seen as key drivers of investment interest.
NeoLiv’s Khopoli project highlights the growing trend of premium residential developments in peripheral zones of major urban centers. With infrastructure improvements and strategic planning, these micro-markets offer both lifestyle benefits and long-term capital appreciation for buyers and investors.
The development also reflects a broader shift in Mumbai’s housing market, where fund-led residential projects are gaining prominence. By combining alternative investment fund backing with experienced project management, NeoLiv aims to deliver high-quality residential communities that cater to evolving buyer expectations in terms of amenities, sustainability, and connectivity.
.png)