NeoLiv, India’s foremost fund-led developer, has entered into an agreement to acquire 17.5 acres of prime land in Khopoli, Maharashtra. The acquisition paves the way for a marquee plotted development in the rapidly emerging Panvel-Khalapur-Khopoli corridor of the Mumbai Metropolitan Region (MMR).
Strategically located just an hour from Navi Mumbai International Airport and the Mumbai Trans Harbour Link, and close to Imagicaa Theme Park, the site will host a premium residential community with serene green views and world-class amenities.
TheRs150 crore project spans a gross saleable area of 0.36 million sq ft, offering a mix of premium plots and villas, complemented by an internationally designed clubhouse. NeoLiv aims to deliver a secure, sustainable, and modern living environment tailored for discerning buyers.
Mohit Malhotra, Founder & CEO of NeoLiv, stated, “This acquisition represents a significant milestone for NeoLiv as we announce our key plotted development project in the most sought-after micro-market in the country.” He highlighted the backing from UHNI investors via a SEBI-approved fund and the leadership of a team with over 100 years of combined experience.
The Panvel-Khalapur-Khopoli belt continues to attract investor and buyer interest due to its proximity to major infrastructure, including the Mumbai-Pune and Mumbai-Goa highways, and its growing reputation as a residential hotspot in MMR.