NeoLiv and Royal Green Realty Join Forces for Rs 600 Crore Housing Project
In a strategic move to tap into the burgeoning real estate market in North India, NeoLiv, a prominent real estate firm, has partnered with Royal Green Realty to collaborate on a massive housing project in Kundli-Sonipat, Haryana. The joint venture between these two esteemed companies is set to develop a sprawling 20-acre residential project with an estimated revenue potential exceeding Rs 600 crore.
Royal Green Realty, established in 2018 by Yashank Wason and Varun Kumar Makhija, has been making waves in the real estate industry with its commitment to excellence in residential, commercial, and industrial developments. On the other hand, NeoLiv, founded by Mohit Malhotra, former MD and CEO of Godrej Properties, has quickly gained a reputation for delivering exceptional living experiences to its customers.
Expanding Horizons in North India
The decision to enter the North India market marks a significant milestone for NeoLiv, as it signifies the company’s foray into a new territory ripe with opportunities. The residential project in Kundli-Sonipat Master Plan will encompass premium villas, independent floors, custom-designed plots, and an internationally designed clubhouse, catering to the discerning tastes of modern homebuyers.
Mohit Malhotra, Founder and CEO of NeoLiv, expressed his enthusiasm about the collaboration, stating, “This acquisition represents a significant milestone for NeoLiv as we announce our first project in the NCR region. Backed by UHNI investors through our Sebi-approved fund and led by a highly experienced team, we are dedicated to delivering exceptional living experiences to our customers.”
Strategic Location and Growth Potential
Situated at the intersection of the Delhi peripheral road and a key artery to Northern India, Sonipat is rapidly emerging as a pivotal hub in the National Capital Region (NCR). The strategic location of the housing project underscores its potential to attract buyers seeking well-connected and modern living spaces in a burgeoning urban landscape.
NeoLiv’s partnership with Royal Green Realty underscores a shared commitment to elevating the standards of residential development in the region. With a focus on quality construction, innovative design, and customer satisfaction, the collaboration is poised to set a new benchmark for housing projects in North India.
Financial Security and Timely Completion
All NeoLiv projects are backed by a Sebi-regulated AIF Fund, ensuring financial security and timely project completion for customers. This commitment to transparency and accountability sets NeoLiv apart in the competitive real estate landscape, providing buyers with peace of mind and confidence in their investment.
Royal Green Realty’s dedication to excellence and quality in every project it undertakes further solidifies the partnership’s promise to deliver exceptional living spaces that exceed expectations. With a track record of successful developments and a focus on customer-centric design, the collaboration between NeoLiv and Royal Green Realty is set to redefine luxury living in North India.
In conclusion, the collaboration between NeoLiv and Royal Green Realty represents a union of two industry leaders with a shared vision for innovation, quality, and customer satisfaction. The Rs 600 crore housing project in Kundli-Sonipat is poised to become a landmark development in the region, offering premium living spaces that embody the best of modern design and amenities. With a focus on financial security, timely completion, and excellence in construction, the partnership is set to transform the real estate landscape in North India.