Land & Launches
NeoLiv Buys 76 Acres in Khopoli for Plotted Villa and Retail Project
Developer NeoLiv has acquired a 76-acre parcel in Khopoli, Raigad, for a planned mixed-use development of villas, plots and retail, with an estimated gross development value of ₹800 crore. As of May 2026, the project is listed as upcoming; no launch, pricing, booking or RERA details for this parcel have been published.
| Status (as of May 2026) | Upcoming. Land acquisition and development plan reported; no launch or construction evidence found for this parcel. |
|---|---|
| Developer | NeoLiv. Joint-venture partner for this parcel not identified. |
| Location | Khopoli, Panvel–Khopoli belt, Raigad district, Maharashtra. Exact site address, sector and access road not published. |
| Land area | 76 acres |
| Estimated saleable area | 13 lakh sq ft (reported May 19, 2026) |
| Estimated gross development value | ₹800 crore (reported May 18, 2026) |
| Planned investment | Approximately ₹500 crore (reported May 19, 2026). Land cost not disclosed. |
| Product mix | Villas, plots and retail. Unit counts, sizes and configurations not published. |
| Price band, booking and possession dates | Not published. |
What has been announced
On May 18, 2026, The Economic Times reported that NeoLiv had acquired a 76-acre parcel in Khopoli for a planned plotted residential development comprising villas, plots and retail. The report put the estimated gross development value at ₹800 crore.
A follow-up report on May 19, 2026, carried by PTI and The Economic Times, said the company plans to invest about ₹500 crore in the project and estimated the saleable area at 13 lakh sq ft. The land purchase price was not disclosed.
The May 18 report described the parcel as NeoLiv's third plotted-development land transaction in the Panvel–Khopoli belt.
Developer background
NeoLiv was founded by Mohit Malhotra, formerly Managing Director and CEO of Godrej Properties. According to the company's website, NeoLiv operates as a fund-led residential development platform in partnership with the wealth management firm 360 ONE. The platform is backed by a SEBI-regulated alternative investment fund. The company's timeline states that the fund's first close was in March 2024, and it also lists a June 2023 360 ONE launch event.
Company-wide counts of delivered projects, delivered area and city footprint were not available in the reporting reviewed for this article.
Location and infrastructure context
Coverage places the site in Khopoli, in the Panvel–Khopoli belt of Raigad district. The exact site location and distances to transport links have not been published.
The May 18, 2026 coverage mentioned three regional projects as growth factors: Mumbai 3.0, a planned Maharashtra government development near the Panvel–Khopoli belt; the Navi Mumbai International Airport; and the Mumbai Trans Harbour Link. Coverage did not give project-specific distances, travel times, or completion dates for these, so their relevance to this parcel cannot be measured from the reporting available.
What is not yet known
The following details have not been published in the sources reviewed:
- An official project name. 'NeoLiv Khopoli' is a working reference, not a confirmed marketing name.
- RERA registration number or approval status.
- Plot sizes, villa configurations and retail unit types.
- Price band, price per sq ft, payment plan or booking amount.
- Launch, expression-of-interest or booking dates.
- Possession timeline and construction stage.
- Amenities and specifications.
- Local price trends or comparable project prices in Khopoli.
Readers should treat the project as at the land-acquisition and planning stage until the developer publishes registration and sales details.
Frequently asked questions
Has NeoLiv launched bookings for the Khopoli project?
No. As of May 2026, reporting shows the land acquisition and planned development only. No launch, expression-of-interest or booking dates have been published for this parcel.
What will be built on the 76-acre site?
The planned mix is villas, plots and retail, as reported by The Economic Times on May 18, 2026. Unit counts, sizes and configurations have not been published.
What is the expected size and value of the project?
Reporting gives an estimated saleable area of 13 lakh sq ft and an estimated gross development value of ₹800 crore. The planned investment is about ₹500 crore. These are estimates from press reports, not developer-confirmed sales figures.
Is the project RERA registered?
No RERA registration details were found in the reporting reviewed for this article. Buyers should check the Maharashtra RERA portal for any registration before committing to a purchase.
Where exactly is the site?
The site is reported to be in Khopoli, in the Panvel–Khopoli belt of Raigad district, Maharashtra. The exact address, sector and access road have not been published.