Neoliv to Develop first Project in Alibaug near Mumbai
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 t
