Neoliv acquires 12 acres of land to develop mixed-use villas in Alibaug, ET RealEstate

Neoliv acquires 12 acres of land to develop mixed-use villas in Alibaug, ET RealEstate


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New Delhi: neoliv An agreement has been made to acquire 12 acres of land in Alibaug, Maharashtra develop a mix of villa And plot.

The development has an estimated gross development value of over Rs 400 crore with the option of expansion by up to 20 acres.

“This acquisition represents an important milestone for Neoliv as we announce and plan our first mixed-use villas,” said Mohit Malhotra, founder and CEO of the company. development project In Mumbai Area.”

In August 2024, the company had announced a 20-acre joint development project in North India with a gross development value of Rs 600 crore.

  • Published on October 9, 2024 at 04:00 PM IST

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