NeoLiv Acquires 17.5 Acres in Khopoli for Plotted Residential Development
NeoLiv, a prominent residential development platform, has acquired 17.5 acres of land in Khopoli, near Mumbai, to develop a high-end plotted residential project. The project, located near key infrastructure, aims to cater to the growing demand for planned communities in the region.
Real EstatePlotted DevelopmentResidential PlotsNavi MumbaiMumbai PropertyReal Estate MumbaiAug 21, 2025
The project is estimated to cover a gross saleable area of 360,000 square feet, with a development cost of Rs 150 crore. The development will include residential plots, villas, and a club facility, designed to meet the needs of households seeking planned communities with easy access to transport and social infrastructure.
The site is strategically located near the Imagicaa Theme Park and is within driving distance of upcoming infrastructure projects such as the Navi Mumbai International Airport and the Mumbai Trans Harbour Link. These factors make the project highly attractive for potential buyers looking for a blend of luxury and convenience.
Mohit Malhotra, Founder and CEO of NeoLiv, expressed his excitement about the acquisition: “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. Backed by ultra-high-net-worth (UHNI) investors through our SEBI-approved fund and led by a highly experienced team with over 100 years of combined expertise, we are committed to delivering exceptional living experiences that will set new benchmarks for residential developments.”
The Panvel-Khalapur-Khopoli belt has gained significant attention from developers in recent years, driven by substantial infrastructure investments and connectivity through the Mumbai-Pune Expressway, Mumbai-Goa highway, and proximity to the Navi Mumbai airport. Industry experts anticipate that plotted and villa housing formats will gain increasing popularity in this corridor as land availability in core Mumbai continues to diminish.
NeoLiv, founded by Mohit Malhotra, who previously served as the Managing Director and CEO of Godrej Properties, operates as a fund-led developer in partnership with wealth management firm 360 ONE. The platform is backed by a SEBI-regulated alternative investment fund (AIF) and has commitments from ultra-high-net-worth investors.
The company's business model focuses on securing land parcels and developing residential projects with institutional capital support to ensure financial discipline and efficient project execution. The Khopoli project marks NeoLiv's entry into the plotted housing segment in the Mumbai Metropolitan Region (MMR).
With the Khopoli acquisition, NeoLiv aims to build a robust pipeline in the growth corridors of MMR and other high-demand markets, positioning itself as a leader in the residential development sector.
Frequently Asked Questions
What is the size of the land acquired by NeoLiv in Khopoli?
NeoLiv has acquired 17.5 acres of land in Khopoli, near Mumbai, for a plotted residential development project.
What is the estimated gross saleable area of the project?
The project is estimated to cover a gross saleable area of 360,000 square feet.
What are the key features of the development?
The development will include residential plots, villas, and a club facility, designed to cater to households seeking planned communities with access to transport and social infrastructure.
What are the nearby infrastructure projects that will benefit the development?
The site is located near the Imagicaa Theme Park and is within driving distance of the Navi Mumbai International Airport and the Mumbai Trans Harbour Link.
Who is the founder and CEO of NeoLiv?
Mohit Malhotra, the founder and CEO of NeoLiv, is a former Managing Director and CEO of Godrej Properties, bringing extensive experience to the company.
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