New Delhi, May 7 (PTI) Realty firm NeoLiv has sold all 285 residential plots in its housing project at Faridabad, Haryana for Rs 1,251 crore on strong demand.
In a statement on Thursday, the company said it has achieved sales of Rs 1,251 crores for its luxury plotted township NeoLiv Golf One, in Faridabad.
“The entire launch inventory was sold out within just six hours of launch,” the company claimed.
The company launched 285 plots in a price range of Rs 2.88 crore to Rs 9.94 crore.
This 47-acre project is being developed through a development management contract with a strong regional player.
The project achieved a price of Rs 2,37,436 per sq metre (Rs 2 lakh Per Square yard).
Mohit Malhotra, Founder and CEO of NeoLiv, said: “We have always believed
that thoughtfully designed, category-defining products will outperform in any market cycle, and that conviction is what shaped this golf-greens township from day one.” With the operational Delhi-Mumbai Industrial Corridor, Faridabad has emerged as one of the fastest-growing micro-markets in NCR.
NeoLiv is developing a few projects in Delhi-NCR and Mumbai region. It is planning to launch four projects this fiscal. PTI MJH MJH DR DR
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