NeoLiv Secures 17.5 Acres in Khopoli for Premium Plotted Development Near Mumbai
Mumbai-based NeoLiv, a fund-led real estate developer, has acquired 17.5 acres of land in Khopoli, near Mumbai, for a residential plots and villas project with a development cost of ₹150 crore.
Real EstatePlotted DevelopmentNeolivKhopoliMumbaiReal Estate MumbaiAug 22, 2025
The project will feature a gross saleable area of 0.36 million sq ft, offering a mix of residential plots and villas. The development will include premium amenities such as a club, enhancing the living experience for residents. Mohit Malhotra, the founder and CEO of NeoLiv, expressed his enthusiasm for this acquisition, stating, “This represents a significant milestone for NeoLiv as we announce our key plotted development project in one of the most sought-after micro-markets in the country. Backed by UHNI investors through our SEBI-approved fund, we are committed to delivering exceptional living experiences that will set new benchmarks for residential developments.”
The project's location is a key selling point, as it is just an hour's drive from the upcoming Navi Mumbai International Airport and the Mumbai Trans Harbour Link (MTHL), also known as Atal Setu. Additionally, the project is in close proximity to the entertainment hub Imagicaa Theme Park. The Panvel-Khalapur-Khopoli belt has emerged as a prime location within the Mumbai Metropolitan Region (MMR) due to its robust infrastructure and economic advantages, including proximity to major highways like the Mumbai-Pune and Mumbai-Goa highways.
Post-COVID-19, the demand for second homes has surged, leading several real estate developers in Mumbai and Pune to launch plotted and villa development projects across Maharashtra. Popular locations include Lonavala and Khandala near Pune, Dapoli in the Konkan region, Alibaug in Raigad district, Manor in Palghar, Igatpuri, Kasara Ghat near Nashik, and the Karjat-Neral belt near Mumbai. These areas are attracting buyers looking for a tranquil and scenic environment within a reasonable distance from major cities.
In August 2024, Godrej Properties Ltd also made a significant land acquisition in Khalapur, Raigad, securing approximately 90 acres with a development potential of around 1.7 million square feet of saleable area, primarily for residential plotted development. The land is located near the Karjat Khopoli Road, further highlighting the region's growing importance in the real estate market.
NeoLiv's acquisition in Khopoli is a strategic move that aligns with the company's vision to deliver high-quality, well-located residential projects. With a strong focus on premium amenities and a prime location, the project is poised to attract a diverse range of buyers, from families looking for a comfortable home to investors seeking lucrative opportunities in the real estate market.
Frequently Asked Questions
What is the total development cost of the project in Khopoli by NeoLiv?
The total development cost of the project in Khopoli by NeoLiv is ₹150 crore.
What amenities will be included in the NeoLiv project in Khopoli?
The NeoLiv project in Khopoli will include premium amenities such as a club.
How far is the project from the Navi Mumbai International Airport and the Mumbai Trans Harbour Link (MTHL)?
The project is just an hour's drive from the upcoming Navi Mumbai International Airport and the Mumbai Trans Harbour Link (MTHL), also known as Atal Setu.
What is the gross saleable area of the NeoLiv project in Khopoli?
The gross saleable area of the NeoLiv project in Khopoli is 0.36 million sq ft.
What other popular locations are attracting real estate developers for second home projects in Maharashtra?
Popular locations for second home projects in Maharashtra include Lonavala and Khandala near Pune, Dapoli in the Konkan region, Alibaug in Raigad district, Manor in Palghar, Igatpuri, Kasara Ghat near Nashik, and the Karjat-Neral belt near Mumbai.
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