NeoLiv's Luxury Project in Faridabad Achieves ₹1,251 Crore in Sales
NeoLiv’s Faridabad plotted project sees sales worth ₹1,251 crore, average price ₹2 lakh per sq yd
Hindustan Times
Image: Hindustan Times
Mumbai-based real estate developer NeoLiv has reported sales of ₹1,251 crore from its luxury plotted township, NeoLiv Golf One, in Faridabad, Haryana, India. The project, spanning 47 acres, offers residential plots priced at approximately ₹2 lakh per square yard, attracting high-net-worth individuals and non-resident Indians.
- 01NeoLiv Golf One project in Faridabad generated ₹1,251 crore in sales.
- 02The project covers 47 acres and features golf-themed residential plots.
- 03Average plot price reached ₹2 lakh per square yard.
- 04Sales were driven by demand from high-net-worth individuals and NRIs.
- 05NeoLiv aims to expand with new projects in the Mumbai Metropolitan Region and Tier 2 cities.
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NeoLiv, a Mumbai-based real estate developer, has successfully sold plots worth ₹1,251 crore in its luxury township project, NeoLiv Golf One, located in Faridabad, Haryana, India. The project spans approximately 47 acres in Sectors 98 and 99A and features residential plots ranging from 181 to 388 square yards. The average price for these plots is around ₹2 lakh per square yard. The entire inventory was sold out on the first day, indicating strong demand from high-net-worth individuals (HNIs), investors, and non-resident Indians (NRIs). The township is designed around golf greens, emphasizing low-density development and open spaces. Mohit Malhotra, the Founder and CEO of NeoLiv, expressed gratitude for the overwhelming response, stating that thoughtfully designed projects tend to outperform in any market cycle. NeoLiv has previously reported a complete sellout of its NeoLiv Grand Park project in Sonipat, Haryana, and continues to expand its portfolio with new developments in the Mumbai Metropolitan Region and Tier 2 cities.
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The success of NeoLiv Golf One indicates a growing demand for luxury real estate in Faridabad, driven by improved infrastructure and connectivity.
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