NeoLiv, a residential investment and development platform founded by Mohit Malhotra, plans to launch 10 projects with a revenue potential of Rs 12,000 crore over the next 3-4 years. The company has already received permission from SEBI to raise $150 million through a category II Alternate Investment Fund. NeoLiv intends to develop residential projects in Delhi and Mumbai and has identified 13 projects for due diligence.
Neoliv, a residential real estate funding and development platform, on Friday said it intends to raise up to USD 150 million in an alternate investment fund.