NeoLiv Sells 285 Luxury Housing Plots in Faridabad for ₹1,251 Crore
NeoLiv sells entire 285 housing plots in Faridabad for Rs 1,251 cr
News 18
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Realty firm NeoLiv has successfully sold all 285 residential plots in its NeoLiv Golf One project in Faridabad, Haryana, for a total of ₹1,251 crore (approximately $151 million USD). The entire inventory was sold within six hours of launch, highlighting strong demand in the region's growing real estate market.
- 01NeoLiv sold 285 residential plots for ₹1,251 crore in Faridabad, Haryana.
- 02The plots were sold within six hours of launch, indicating high demand.
- 03Prices for the plots ranged from ₹2.88 crore to ₹9.94 crore.
- 04The project spans 47 acres and is part of the luxury plotted township NeoLiv Golf One.
- 05Faridabad is emerging as a rapidly growing micro-market due to the operational Delhi-Mumbai Industrial Corridor.
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Realty company NeoLiv has completed the sale of 285 residential plots in its NeoLiv Golf One project located in Faridabad, Haryana, for a total of ₹1,251 crore (approximately $151 million USD). The entire inventory was sold out within just six hours of launch, reflecting robust demand for luxury housing in the area. The plots were priced between ₹2.88 crore and ₹9.94 crore, with the project covering 47 acres. Mohit Malhotra, Founder and CEO of NeoLiv, emphasized the importance of thoughtfully designed products in driving success in various market cycles. The ongoing development of the Delhi-Mumbai Industrial Corridor has positioned Faridabad as one of the fastest-growing micro-markets in the National Capital Region (NCR). NeoLiv plans to launch four additional projects in the Delhi-NCR and Mumbai regions this fiscal year.
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The successful sale of these luxury plots indicates a strong demand for high-end residential properties in Faridabad, potentially influencing future real estate developments in the area.
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