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.).