Mumbai-based real estate developer NeoLiv has sold plots worth ₹1,251 crore in its luxury plotted township project, NeoLiv Golf One, in Faridabad, the company said in a statement.
The project is spread across around 47 acres in Sectors 98 and 99A of Faridabad in the National Capital Region (NCR). It offers residential plots ranging from 181 square yards to 388 square yards. The township is based on a golf-themed layout with golf greens planned across the project.
According to the company, the entire launch was sold out on the first day, driven by demand from high-net-worth individuals (HNIs), investors and non-resident Indians (NRIs). NeoLiv said the project achieved a pricing of around ₹2 lakh per square yard.
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NeoLiv said Faridabad has seen increasing demand due to improving connectivity and infrastructure, including the Delhi-Mumbai Industrial Corridor.
The company said the plotted township was designed around golf greens, with a focus on low-density development and open spaces.
Mohit Malhotra, Founder and CEO of NeoLiv, said:“We are deeply humbled by the overwhelming response to NeoLiv Golf One. We have always believed that thoughtfully designed, category-defining products will outperform in any market cycle, and that conviction is what shaped this golf-greens township from day one. Our deepest gratitude goes to our customers and channel partners for placing their trust in our vision, and to our partners, for trusting NeoLiv with this important project.”
NeoLiv had earlier a complete sellout of its NeoLiv Grand Park project in Sonipat, Haryana, in May 2025. NeoLiv is founded by Mohit Malhotra (former MD and CEO of Godrej Properties) and industry experts in partnership with 360 ONE, a wealth management firm with over $65 billion in assets under management.
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Last year August, the company had acquired a 17.5-acre land parcel in Khopoli, near Mumbai, for a plotted development and villas project with a development cost of ₹150 crore. The project had a gross saleable area of 0.36 million sq ft and a total development cost of ₹150 crore, the company said in a statement. According to the company, the project is just an hour’s drive from the upcoming Navi Mumbai International Airport and the Mumbai Trans Harbour Link (MTHL), also known as Atal Setu.
Earlier, the had also signed a management agreement to develop 47 acres of prime land in Khopoli, near Mumbai.
In 2024, the company raised over ₹300 crore in the first close of its maiden Alternate Investment Fund. The funds will be used to develop mid-income housing projects in the Mumbai Metropolitan Region (MMR), Delhi-NCR, and plotted developments in Tier 2 cities. The residential equity fund has garnered participation from family offices and UHNWIs from across the country, the company said.