NeoLiv’s Bold Expansion: A New Rs 150 Crore Residential Venture in Khopoli
NeoLiv, the fund-led real estate developer co-founded by Mohit Malhotra (formerly of Godrej Properties), has taken a decisive step into one of Mumbai’s booming real estate belts. As of August 21, 2025, the company acquired 17.5 acres in Khopoli, part of the rapidly growing Mumbai Metropolitan Region (MMR).
Why Khopoli Matters
Located along the burgeoning Panvel–Khalapur–Khopoli corridor, this area is emerging as a preferred destination for plotted developments and affordable housing, thanks to improved connectivity and relatively lower land prices.
What NeoLiv Aims to Build
The company will channel ₹150 crore into the project, developing approximately 180 residential plots complemented by villa offerings. This marks NeoLiv’s third residential project, following:
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NeoLiv Grand Park in Kundli–Sonipat, Haryana, where all 263 plots sold quickly, generating over ₹300 crore in revenue.
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A luxury mixed-use villa and plotted development in Alibaug, spanning 12 acres (with an option to extend to 20 acres), targeting sales worth ₹400 crore.
Strategic Timing for MMR
The MMR has seen a dramatic uptick in land acquisitions. In 2024 alone, developers secured about 407 acres across 19 deals in the region—a 41% rise—and micro-markets like Khopoli led the surge. The area’s potential is drawing ambitious players: for instance, Arvind SmartSpaces signed on to develop a 92-acre township near Khopoli, projecting a ₹1,500 crore topline.
What This Means
For NeoLiv
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Growing Portfolio: The Khopoli project further cements NeoLiv's presence in MMR, adding geographic balance to its north (Haryana) and coastal (Alibaug) ventures.
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Trust & Traction: Rapid sales of its first project underscore the company’s market credibility.
For Buyers & Investors
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Affordable Alternatives: Khopoli's plotted holdings offer accessible options versus pricier city neighborhoods.
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Potential Upside: As MMR’s connectivity strengthens (via highways and railway), investments here could yield solid appreciation.
For the Market
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NeoLiv’s move echoes a broader trend: developers are increasingly tapping emerging areas like Khopoli, sensing sustained demand beyond saturated urban centers.
Visual Overview
| Project | Location | Land Acquired | Investment / GDV |
|---|---|---|---|
| NeoLiv (Haryana) | Kundli–Sonipat | 19.5 acres | ₹300 crore (from sales) |
| NeoLiv (Alibaug) | Alibaug | 12–20 acres | ₹400 crore (projected) |
| NeoLiv (New) | Khopoli, MMR | 17.5 acres | ₹150 crore |
NeoLiv is sailing ahead with a strategy grounded in trust, backed by well-funded AIFs, and driven by a track record of timely execution. The Khopoli development opens a new chapter—promising compelling value for homebuyers and reinforcing NeoLiv’s growing footprint.
Reviewed by Aparna Decors
on
August 22, 2025
Rating:
