NeoLiv to Develop ₹2,300 Crore Township Project in Faridabad
Realty firm NeoLiv has announced a significant project in Faridabad, Haryana, with a gross development value of ₹2,300 crore. The project will primarily feature housing plots and villas.
Real EstateTownship DevelopmentFaridabadNeolivHousing ProjectsReal Estate NewsOct 09, 2025
In a recent statement, NeoLiv announced that it has entered into a management agreement for the development of 62 acres of land in Sector 98 and 99A of Faridabad. While the company has not disclosed the name of the landowner or the total investment required for the project, it has stated that the primary offerings will include housing plots and villas.
Mohit Malhotra, Founder and CEO of NeoLiv, expressed his enthusiasm about the project, saying, 'This partnership represents a significant milestone for NeoLiv as we announce our largest foray till date in one of the fast-growing regions of NCR.' NeoLiv is already active in the Mumbai Metropolitan Region (MMR) and Sonipat, Haryana, and this new project in Faridabad further solidifies its presence in the real estate market.
The township project is expected to attract a wide range of buyers, from first-time homebuyers to those looking for larger family homes. Faridabad, a part of the National Capital Region (NCR), has seen a surge in property demand due to its strategic location and growing infrastructure. The development of this township is expected to contribute significantly to the local economy and provide much-needed housing solutions.
NeoLiv's commitment to quality and customer satisfaction has been a hallmark of its previous projects. The company's approach to developing sustainable and well-planned communities aligns with the growing trend of township developments in India. These projects typically offer a mix of residential, commercial, and recreational facilities, making them attractive to a broad spectrum of buyers.
The project in Faridabad is expected to be completed in phases, with the first phase likely to be launched within the next few months. NeoLiv has not disclosed the exact number of plots and villas that will be available, but the company has assured that the development will cater to a diverse range of housing needs.
In conclusion, NeoLiv's ₹2,300 crore township project in Faridabad is a significant step forward in the company's growth strategy. It not only meets the increasing demand for quality housing but also contributes to the development of the region. As the project progresses, it is expected to attract significant interest from homebuyers and investors alike.
Frequently Asked Questions
What is the total area of the township project?
The township project covers 62 acres of land in Sector 98 and 99A of Faridabad, Haryana.
What is the estimated gross development value of the project?
The estimated gross development value of the project is ₹2,300 crore.
What types of properties will be offered in the township?
The project will primarily offer housing plots and villas.
Who is the Founder and CEO of NeoLiv?
The Founder and CEO of NeoLiv is Mohit Malhotra.
Where else is NeoLiv developing projects?
NeoLiv is also developing projects in the Mumbai Metropolitan Region (MMR) and Sonipat, Haryana.
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