NeoLiv Ventures into Alibaug with Luxury Housing Project

Realty firm NeoLiv has acquired a 12-acre land parcel in Alibaug for a luxury housing project valued at approximately Rs 400 crore. The project will feature premium villas and plots, with an option to extend to 20 acres. NeoLiv is backed by UHNI investors through a SEBI-approved fund.

Realty firm NeoLiv has made a strategic move into the Mumbai Metropolitan Region by acquiring a 12-acre land parcel in Alibaug for a luxury housing project.

The yet-to-be-disclosed land deal marks a significant milestone for the company, positioning its entry into high-demand regions with a projected sale potential of approximately Rs 400 crore.

NeoLiv founder and CEO Mohit Malhotra expressed commitment to delivering exceptional living experiences, backed by UHNI investors and a SEBI-approved fund.

(With inputs from agencies.)