NeoLiv, an innovative residential real estate platform in India, is set to transform the sector under the leadership of Mohit Malhotra, the former Managing Director and CEO of Godrej Properties. Founded in January 2023, NeoLiv integrates fund management with in-house development, aiming to enhance the homeownership and living experience in India.

Strategic Vision and Leadership

Mohit Malhotra brings over a decade of experience from Godrej Properties, where he significantly expanded the company's portfolio and market capitalization. At NeoLiv, he leads a team of industry experts and has partnered with 360 ONE, a leading wealth and asset management firm with over $50 billion in assets under management.

Innovative Fundraising and Investment Approach

In March 2024, NeoLiv achieved the first close of its maiden Alternative Investment Fund (AIF), raising over ?300 crore. This fund, named 'Inliv Real Estate Fund,' is a SEBI-registered Category II AIF and marks one of the first equity-based real estate funds in recent years, as most funds are debt-based. The capital will be deployed to develop high-quality, middle-income residential properties in Mumbai Metropolitan Region (MMR), Delhi NCR, and plotted developments in Tier 2 cities.

Project Pipeline and Development Plans

NeoLiv plans to launch at least 10 residential projects over the next 3-4 years, targeting a revenue potential of ?12,000 crore. These projects will include a mix of plotted developments and mid-income high-rise apartments, with each project encompassing a developable area of 2-10 lakh square feet. The company has identified land parcels in locations such as Lucknow, Jaipur, Sonipat, Alibag, Chembur, and Mumbai's western suburbs, with discussions for acquisition at advanced stages.

Customer-Centric Approach and Market Impact

NeoLiv is committed to delivering quality housing solutions tailored to the middle-income segment, with apartment prices ranging from ?1 crore to ?3 crore and plots between ?50 lakh to ?1 crore. The company emphasizes timely project completion and customer satisfaction, aiming to address the fundamental need for quality housing in India's major cities.

By integrating financial strength with development expertise, NeoLiv is poised to redefine the residential real estate landscape in India, offering investors and homebuyers a secure and rewarding experience.