NeoLiv to Develop ₹2,300 Crore Premium Township in Faridabad’s Fast-Growing Sector 98 & 99A
Faridabad, Haryana – In a major expansion move, real estate firm NeoLiv has announced the development of a 62-acre premium township in Sectors 98 and 99A, Faridabad, with a projected Gross Development Value (GDV) of approximately ₹2,300 crore. This landmark project marks NeoLiv’s largest foray to date in the National Capital Region (NCR) and is set to redefine urban living in one of the fastest-growing micro-markets of North India.
Strategically Located Near Delhi-Mumbai Industrial Corridor (DMIC)
The township is strategically located near the Delhi-Mumbai Industrial Corridor, offering excellent connectivity. It’s just a 30-minute drive from Delhi and Noida, making it a highly attractive destination for homebuyers and investors seeking both accessibility and value appreciation.
The upcoming project, NeoLiv Sector 98 Faridabad and NeoLiv Sector 99A Faridabad, will become a key residential landmark in the region.
Project Highlights: Villas, Plots & Retail Spaces
According to the company, the Faridabad township will feature a curated mix of:
- Premium housing plots (branded as NeoLiv Plots Faridabad)
- Custom-designed villas and independent floors (NeoLiv Villas Faridabad)
- Retail and commercial spaces
This integrated township is being designed as a master-planned, modern urban community, with a strong emphasis on sustainability, smart infrastructure, and lifestyle amenities. These offerings further strengthen the portfolio of NeoLiv Upcoming Projects in Faridabad.
Management Agreement Signed for 62 Acres
NeoLiv has entered into a management agreement to develop this 62-acre land parcel, although the identity of the landowner has not been disclosed. The realty firm also hasn’t revealed the exact number of housing units, investment size, or timeline for project launch and delivery.
However, industry experts suggest that such a large-scale plotted development, especially in Sector 98 and 99A, can significantly boost the real estate potential of Faridabad, which is witnessing rapid transformation thanks to the DMIC and infrastructure upgrades.
NeoLiv’s Expansion Strategy and Vision
Commenting on the announcement, Mohit Malhotra, Founder & CEO of NeoLiv, stated:
“This partnership represents a significant milestone for NeoLiv as we announce our largest foray till date in one of the fast-growing regions of NCR. With the operational Delhi-Mumbai corridor, Faridabad has emerged as one of the fastest-growing micro-markets of NCR.”
He further emphasized NeoLiv’s commitment to execution excellence, highlighting the firm’s leadership team with over 150 years of cumulative experience and a track record of managing 200 million sq ft of development across India.
NeoLiv’s Existing Presence and Future Outlook
NeoLiv is already active in the Mumbai Metropolitan Region (MMR) and Sonipat, Haryana, with residential projects that focus on premium living, plotted developments, and lifestyle-centric real estate offerings.
With the addition of NeoLiv Apartments Faridabad, NeoLiv Plots Faridabad, and NeoLiv Villas Faridabad in this 62-acre township, the company is reinforcing its presence in emerging Tier-1 and Tier-2 cities, offering products aligned with buyer aspirations and market demand.
Why Faridabad is Emerging as a Real Estate Hotspot
Faridabad is fast becoming one of Delhi NCR’s most promising real estate corridors due to:
- Proximity to Delhi, Gurugram, and Noida
- Major infrastructure developments under DMIC
- Metro connectivity and expressway upgrades
- Availability of large land parcels for organized townships
- Rising demand for premium plotted developments over vertical living
This combination of affordability, connectivity, and growth potential is attracting both developers and end-users, making Faridabad a top destination for residential investment in NCR, with new offerings like NeoLiv Upcoming Projects in Faridabad leading the way.
Project Details and Highlights:
- Location: Faridabad Sector 98 & 99A
- Project Type: Plots, Villas, Retail Township
- Developer: NeoLiv
- GDV: ₹2,300 crore
- Connectivity: Close to DMIC, 30 mins from Delhi/Noida
- USP: Premium plotted township with lifestyle infrastructure
- Keywords: NeoLiv Sector 98 Faridabad, NeoLiv Sector 99A Faridabad, NeoLiv Plots Faridabad, NeoLiv Villas Faridabad, NeoLiv Apartments Faridabad, NeoLiv Upcoming Projects in Faridabad
Final Thoughts
NeoLiv’s entry into Faridabad’s booming real estate market signals growing confidence in the city’s potential as a premium residential destination. With rising demand for plotted developments and independent villas, this ₹2,300 crore township is expected to attract significant buyer interest and reshape the urban landscape of Southern NCR.
Stay tuned for launch updates, pricing details, and project configurations as NeoLiv prepares to unveil one of the largest plotted townships in Faridabad, including NeoLiv Villas Faridabad, NeoLiv Plots Faridabad, and NeoLiv Apartments Faridabad.
