NeoLiv Secures 76-Acre Land Parcel in Panvel-Khopoli Belt for Rs 800-Crore Premium Villa and Plot Project
Mumbai, May 19, 2026: Fund-led real estate developer NeoLiv has acquired a prime 76-acre land parcel along the Panvel-Khopoli belt in Maharashtra to construct a premium plotted and villa township. Marking the company’s third major transaction within this specific corridor, the strategic move significantly solidifies its foothold in the rapidly expanding Mumbai Metropolitan Region (MMR) and aligns with the evolving “Mumbai 3.0” development vision, NeoLiv said in a press release.
The upcoming mixed-use development boasts an estimated Gross Development Value (GDV) of Rs 800 crore. Designed to offer a holistic, sustainable, and modern living environment, the marquee themed project will feature a blend of luxury villas, residential plots, and integrated retail spaces to cater to daily lifestyle needs. The gated community will also showcase panoramic mountain views, extensive green areas, and an internationally designed clubhouse among its world-class amenities.
Strategically positioned as a prime growth corridor within the MMR, the Panvel-Khopoli belt has experienced a massive real estate surge driven by massive regional infrastructure upgrades. The project site is located just an hour’s drive from both the newly developed Navi Mumbai International Airport and the Mumbai Trans Harbour Link (Atal Setu). Additionally, the location provides seamless national connectivity via its close proximity to the vital Mumbai-Pune and Mumbai-Goa highways.
The Maharashtra acquisition follows a string of successful high-value launches for the developer across the National Capital Region (NCR). NeoLiv recently generated Rs 1,251 crore in sales at NeoLiv Golf One, its 47-acre golf-centric luxury township in Faridabad, while its maiden project, NeoLiv Grand Park in Sonipat, entirely sold out its Rs 300 crore inventory on its first day of launch.
Commenting on the announcement, Mohit Malhotra, Founder and CEO of NeoLiv, stated, “This acquisition represents a significant milestone for NeoLiv as we announce our third key plotted development project in the most sought-after micro-market in the country. Backed by UHNI investors through our SEBI-approved fund and led by a highly experienced team with over 100 years of combined expertise, we are committed to delivering exceptional living experiences that will set new benchmarks for residential developments.”
