Neoliv Targets ₹1,000 Crore Sales in First Year with Ambitious Real Estate Projects
Neoliv, a Bengaluru-based residential real estate platform, is aiming to achieve ₹1,000 crore in sales during its first year of operations, driven by multiple project launches and high demand for plots in key regions.
Real EstateNeolivResidential ProjectsPlotted DevelopmentIpoReal Estate NewsNov 03, 2025
Founded in 2023 by Mohit Malhotra, a former managing director and CEO of Godrej Properties Ltd, Neoliv is funded by the asset management platform 360 ONE and other investors. The company launched its first project, Neoliv Grand Park, a plotted development, in Haryana's Sonipat in May. It has four more launches in the pipeline, including two projects in Navi Mumbai in the ongoing December quarter, and has secured land parcels in Alibaug, near Mumbai, and in Faridabad, Haryana.
Neoliv is currently raising ₹1,000 crore via its maiden fund, Inliv Real Estate Fund, from family offices and ultra high net worth individuals. So far, it has raised around ₹750 crore. Malhotra, in an interview with Mint, stated, “We intend to develop 6-8 projects through Fund 1, besides which we have a couple of projects in development management agreement with land owners. We intend to raise the second fund, of ₹2,000 crore, in FY27. We are also targeting to be IPO (initial public offering) ready within the next 4-5 years.”
The fund backs projects that, in turn, give development management contracts to Neoliv's real estate wing. Given the launch pipeline, Neoliv is targeting ₹1,000 crore of sales this year and plans to double it to ₹2,000 crore in FY27. The company's focus will be on the National Capital Region (NCR) and the Mumbai Metropolitan Region (MMR), the two most lucrative markets in India.
So far, Neoliv has largely focused on plotted and villa development projects, but it is looking to execute group housing projects as well. Malhotra mentioned that the company is in discussions to sign 3-4 projects in MMR and NCR, two of which are likely to be group housing projects. Additionally, Neoliv is exploring redevelopment project opportunities in Mumbai, in micro-markets such as Bandra, Juhu, and Khar, where local partners will settle with tenants or owners and clean up the projects.
Outside its core markets of NCR and MMR, Neoliv will also explore plotted projects in smaller cities. The development of residential plots and villas has gained pace in recent years, with companies acquiring large land parcels for such projects. In the January-June period, around 504 acres of land were transacted in cities such as Bengaluru, Pune, MMR, NCR, and Mysuru, according to data by Anarock Property Consultants.
Plotted projects allow a quick turnaround, where a developer can sell and exit the project within a short period of time. Demand is good for plotted projects in the peripheral areas of large cities, as well as tier 2 cities, said Prashant Thakur, executive director and head of research & advisory at Anarock. “For a new company such as Neoliv, successfully executing and delivering a few plotted projects can help them leverage that track record when they launch residential projects going forward,” Thakur added.
With its strategic approach and strong market insights, Neoliv is well-positioned to achieve its ambitious targets and establish a significant presence in the Indian real estate market.
Frequently Asked Questions
What is Neoliv's target for its first year of operations?
Neoliv aims to achieve ₹1,000 crore in sales in its first year of operations, driven by multiple project launches and high demand for plots.
Who founded Neoliv and what is their background?
Neoliv was founded in 2023 by Mohit Malhotra, a former managing director and CEO of Godrej Properties Ltd.
What is Neoliv's funding structure?
Neoliv is funded by the asset management platform 360 ONE and other investors. It is currently raising ₹1,000 crore via its maiden fund, Inliv Real Estate Fund, from family offices and ultra high net worth individuals.
What are Neoliv's future plans?
Neoliv plans to develop 6-8 projects through Fund 1 and is targeting to raise a second fund of ₹2,000 crore in FY27. The company also aims to be IPO ready within the next 4-5 years.
What types of projects is Neoliv focusing on?
Neoliv is currently focusing on plotted and villa development projects but is also looking to execute group housing projects and explore redevelopment opportunities in Mumbai.
Related News Articles
India's Middle Class Deserves Better: Reinstate Real Estate Indexation Benefits, Says Mohandas Pai
Veteran business leader Mohandas Pai urges the government to reconsider its decision to scrap indexation benefits for real estate transactions, citing the negative impact on the middle class.
Mystery Deepens: Body of Missing Nerul Real Estate Agent Found, Another Still Unaccounted For
Raigad police discover the body of one of the two missing Nerul real estate agents, while the search for the second agent continues.
PVR INOX to Unlock Value from Prime Real Estate Assets
PVR INOX plans to monetize non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, as part of its growth strategy.
Apple iPhone 16 Plus Review: Big Screen, Affordable Price
The Apple iPhone 16 Plus delivers exceptional performance and a large, vibrant display at a price point that won't break the bank. Benchmark scores and real-world usage demonstrate its outstanding speed and efficiency.
Maharashtra Schools Introduce Strict Medical Emergency Guidelines for Student Safety
The Maharashtra government has introduced comprehensive medical emergency guidelines for all schools, aiming to enhance student safety and well-being. This initiative follows a tragic incident and aligns with a Bombay High Court order.
The Unregulated Real Estate Market in Kashmir: A Growing Concern
The lack of regulation, enforcement, and planning in the real estate sector in Kashmir poses significant challenges, threatening the sustainability, transparency, and fairness of the industry.