Real estate company NeoLiv has purchased a 17.5-acre plot in the Mumbai area and plans to invest Rs 150 crore to create a housing project. The land is located in Khopoli within the Mumbai Metropolitan Region (MMR), although the company did not reveal the purchase price. According to NeoLiv’s founder and CEO, Mohit Malhotra, the development will feature approximately 180 plots, along with villas. This initiative marks the company’s third project.
