By Mohit Malhotra

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NeoLiv, a residential investment and development platform, has entered into management agreement for developing 47 acres of prime land in Khopoli, Maharashtra.The development, with a projected gross development value of around Rs 600 crore, will offer mix use community comprising of premium villa and plots and retail convenience for lifestyle.“This is one of our largest foray in the most sought-after micro-market in the country. Backed by UHNI investors through our SEBI-approved fund we aim to deliver residential developments across the country,” said Mohit Malhotra, founder and CEO of NeoLiv.Panvel-Khalapur-Khopoli belt has emerged as the real estate hub in MMR due to infrastructure push and economic boast with proximity to Mumbai Trans Harbour Link, highways like Mumbai-Pune and Mumbai Goa as well as proximity to Navi Mumbai International Airport.Founded by Mohit Malhotra, the former managing director and chief executive of Godrej Properties, NeoLiv projects are backed by a SEBI-regulated AIF Fund, ensuring financial security and timely project completion for customers.Live EventsIn March 2024, the first scheme of its SEBI registered category II alternative investment fund, ‘Inliv Real Estate Fund’ of Neoliv completed initial closing with above Rs 300 crore of its maiden fund raise.The funds is utilized to develop middle-income residential properties in Mumbai MMR, Delhi NCR, and plotted opportunities in Tier 2 cities.According to Anarock data, affordable housing’s share of demand has shrunk to just 17% in H1 2025, down from 40% in the same period in 2020. At the same time, the supply of affordable housing has nosedived in the past two years across the top seven cities, from 18% in H1 2023 to just 12% in H1 2025. Back in 2019, affordable homes accounted for 40% of new launches.The survey shows that homes priced between Rs 90 lakh and Rs 1.5 crore have emerged as the “most favoured” option for more than 36% of prospective buyers, pointing to a shift toward premium and luxury properties, while 25% prefer homes priced between Rs 45 lakh and Rs 90 lakh.Add as a Reliable and Trusted News Source Add Now!
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