NeoLiv buys 12 acre land at Alibaug to develop Rs 400 cr housing project

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NeoLiv buys 12 acre land at Alibaug to develop Rs 400 cr housing project - Business Standard

Quick Summary:

In a statement on Wednesday, NeoLiv announced the acquisition of 12 acres of prime land in Alibaug, marking the company's foray into the highly sought-after Mumbai Metropolitan Region (MMR) market.

Realty firm NeoLiv has bought 12-acre land at Alibaug near Mumbai to develop a luxury housing project with a sales potential of around Rs 400 crore.

"The development with an option to extend to 20 acres and projected gross value of more than Rs 400 crore will offer an exceptional mix of premium villas and plots," it said.