NeoLiv, the Mumbai-based fund-led real estate development firm, has sold the entire inventory of 263 residential plots in its debut project in Haryana, generating sales revenue exceeding ₹300 crore. The project, named NeoLiv Grand Park, is located in Sector 70 of Kundli-Sonipat and spans 19.46 acres. According to a company statement, all 263 plotted units have been sold, marking a full sell-out for the firm’s first residential offering in the region.
This project represents NeoLiv’s entry into the Haryana real estate market and the northern India plotted development segment. The development is situated within a short distance of North Delhi and is in proximity to several major infrastructure corridors, including the upcoming Delhi Metro extension, Delhi-Sonipat Rapid Rail, Kundli-Manesar-Palwal (KMP) Expressway, and the Urban Extension Road-II (UER-II).
The master plan for NeoLiv Grand Park was designed by architect Hafeez Contractor in collaboration with BDP India, a division of UK-headquartered Building Design Partnership. Key components of the development include a 3-acre designated urban forest and a 30,000 sq ft clubhouse. These elements are intended to be part of the core community infrastructure and amenities, with a focus on organized urban layout and open space integration.
Mohit Malhotra, Founder and CEO of NeoLiv, said, “The overwhelming response to NeoLiv Grand Park reaffirms buyer’s preference to place their trust in professionally driven and fund backed real estate developers with a deep understanding of consumer preference, meticulous -planning and high focus on delivering high quality products.
NeoLiv Grand Park’s location within the extended NCR region is expected to benefit from upcoming transportation and infrastructure upgrades, which are likely to improve connectivity between Sonipat and Delhi. The area has seen increased residential and industrial activity in recent years, partly due to urban spillover from the capital and policy-led industrial growth in Haryana.
According to market observers, plotted developments are regaining traction as end-users seek independent housing formats and investors look for assets that carry fewer execution risks. In this context, developers with fund-backed models are being perceived as more stable, especially in new or emerging micro-markets.
NeoLiv’s entry into the Kundli-Sonipat region is also seen as a signal of increasing institutional participation in tier-II and periphery markets of the NCR. The company is backed by a structured investment platform that enables it to acquire land, develop projects, and manage operations with capital discipline and financial oversight.
The company has not disclosed the timeline for project delivery or possession, but stated that development activities are aligned with statutory approvals and execution plans. Further information about construction timelines or phased development, if any, is expected in subsequent announcements.
The firm also hinted at additional launches in the pipeline, as it continues to expand its footprint in the northern region. The response to NeoLiv Grand Park is likely to inform its strategy for future plotted and mid-income housing formats across Delhi-NCR and other emerging suburban corridors.
Image source- freepik.com
