Fund-Led Developer NeoLiv Secures 17.5-Acre Land Parcel in Khopoli for Premium ₹150 Crore Plotted Development

A fund-backed real estate developer, NeoLiv, has reportedly acquired a significant 17.5-acre land parcel in Khopoli, located near Mumbai, for launching a major plotted development project on August 22, 2025. The company has announced plans to develop premium residential plots and villas across a gross saleable area of 0.36 million square feet, with the total development cost estimated at ₹150 crore.

Strategic Location Benefits Drive Investment Appeal

The acquired land parcel boasts several location advantages that position it as an attractive investment opportunity. The site is situated just an hour away from the upcoming Navi Mumbai International Airport, providing excellent connectivity for future residents. Additionally, the development benefits from proximity to the Mumbai Trans Harbour Link (MTHL/Atal Setu), and its close location to the popular Imagicaa Theme Park.

Industry experts note that the project's location along the emerging Panvel–Khalapur–Khopoli corridor represents a fast-rising real estate micro-market within the Mumbai Metropolitan Region. The area benefits from robust infrastructure development and superior highway connectivity, making it increasingly attractive for property investments in Khopoli.

Premium Product Mix Targets Upper-Segment Market

The planned development will feature a carefully curated mix of premium plots and villas, designed to appeal to upper-segment homebuyers. The project will include modern amenities such as a clubhouse, positioned to attract discerning buyers seeking quality residential options in the region.

NeoLiv's founder and CEO has expressed confidence that this acquisition represents a key milestone for the company's growth trajectory. The firm, which is backed by a SEBI-approved fund and ultra-high net worth individual (UHNI) investors, brings over a century of collective experience to the project's execution, according to company statements.

Growing Trend in Second Home Developments

The acquisition aligns with a broader industry trend recognizing the growing demand for second homes following the pandemic. NeoLiv joins other developers who are launching plotted and villa projects in Maharashtra's emerging weekend-getaway zones.

These developments are particularly concentrated in areas like Lonavala, Alibaug, and the Karjat–Neral belt, where buyers are increasingly seeking weekend homes in Khopoli and surrounding regions. The trend reflects changing lifestyle preferences and investment patterns in the post-pandemic real estate market.

The future of Khopoli real estate appears promising, with infrastructure developments and strategic location advantages positioning the area as an emerging hub for premium residential projects.