NEOLIV’s Inliv Real Estate Fund Attracts Prominent Investors, Surpasses INR 300 Cr Mark

Mohit Malhotra, CEO & Founder NeoLiv
Mohit Malhotra, CEO & Founder NeoLiv

New Delhi, March 14, 2024: NEOLIV, a leading residential real estate platform, proudly announces the successful completion of the initial closing for its SEBI registered category II alternative investment fund, ‘Inliv Real Estate Fund’. Surpassing Rs. 300 Cr in its maiden fund raise, the scheme has garnered strong interest from family offices and respected UHNWIs nationwide, positioning it for accelerated growth.

Karan Bhagat, Founder, MD & CEO of 360 ONE, expressed his satisfaction as the sole manager and advisor for NeoLiv’s maiden fundraise. He commended the active participation and firm commitments from UHNIs, family offices, and CXOs, reflecting their appetite for innovative business opportunities. Roadshows held across key cities facilitated robust investor engagement and underscored the fund’s unique value proposition in India’s residential growth story.

NEOLIV, founded by Mohit Malhotra, former MD and CEO of Godrej Properties, boasts a unique integrated platform with fund management and in-house development capabilities. Launched in January 2023, the platform leverages Malhotra’s extensive experience in growing Godrej Properties over 12 years, including his tenure as MD & CEO until December 2022.

Mohit Malhotra, Founder and CEO of NEOLIV, expressed gratitude for the trust shown by prestigious family offices and individual investors. With a strong pipeline of projects, the company aims to deploy capital efficiently and deliver on its promises to stakeholders.

NEOLIV’s foundation rests on three core pillars: Professionally Built, Financially Secure, and Customer Centric. The company adopts an industry-first approach, “Partnering for Life,” to enhance the homebuying journey and homeownership experience. Backed by industry experts and marquee financial institutions, NEOLIV prioritizes transparency, technology, and service excellence to meet customer needs.

Operating on a partnership model, NEOLIV’s key management team comprises equity partners committed to the company’s long-term success. With extensive experience from reputable real estate development firms, they bring invaluable expertise to the business.

Founder Mohit Malhotra’s tenure at Godrej Properties saw remarkable growth, with sales increasing by 30X and the addition of 90+ projects to the portfolio, culminating in a 6X growth in the company’s market cap during his last six years as MD and CEO.

The robust growth of India’s residential sector since 2021 underscores the nation’s demand for quality housing, driven by demographic advantages and significant reforms. NEOLIV is poised to capitalize on this trend, delivering innovative solutions and unparalleled value to customers across key cities in India.