NeoLiv Enters Development Agreement With Royal Green Realty

NeoLiv, India’s foremost fund led developer, has announced its strategic entry into the North India market through a development agreement with Royal Green Realty. Located in Kundli- Sonipat Master Plan and within a 25-minute drive from the upcoming 900-acre Maruti Suzuki Plant—set to be Asia’s largest automobile manufacturing facility—the project aims to create a world-class living community.

The 20-acre development with a gross development value of Rs. 600 Cr+ will feature premium villas, independent floors, custom-designed plots and an internationally designed clubhouse. Residents can look forward to spacious 18-meter-wide internal access roads and one of the region's largest central parks, promising a safe, secure, and sustainable living environment. 

Commenting on the announcement, Mohit Malhotra, Founder and CEO of NeoLiv, stated, "This acquisition represents a significant milestone for NeoLiv as we announce our first project in the NCR region. Backed by UHNI investors through our SEBI-approved fund and led by a highly experienced team with over 100 years of combined expertise, we are dedicated to delivering exceptional living experiences to our customers."

Sonipat, strategically located at the intersection of the Delhi peripheral road and a key artery to Northern India, is rapidly emerging as a key hub in the National Capital Region (NCR). With its ongoing urbanization, infrastructure development, and robust industrial growth, the city offers excellent connectivity through a vast network of roads and highways, making it an attractive destination for residents and businesses alike. The rising demand from upwardly mobile residents has led to a surge in the real estate market, encompassing residential, commercial, and retail sectors. Notably, Maruti Suzuki's significant investment in a new manufacturing facility highlights the area's economic growth and job creation.

Yashank Wason, Managing Director, Royal Green Realty said, "Royal Green Realty is proud to be partnering with NeoLiv in this landmark project at Kundli, Sonipat. Our shared vision to build sustainable, world-class residential spaces, is perfectly aligned, and the acquisition of this prime land constitutes a significant milestone towards redefining the real estate landscape of Haryana. Together, we bring incomparable expertise and dedication to excellence to ensure an extraordinary township is delivered that provides world-class experience for its residents. This partnership further strengthens Royal Green Realty's commitment to quality and innovation while retaining efforts towards raising the bar for residential development in the Kundli, Sonipat region".