Every property cycle in Mumbai leaves behind the same regretful line: “I almost bought it when it was cheap.” Kharghar in 2005. Alibaug land in 2009. If you've been waiting for your entry into the Mumbai market, or looking for plotted land without island-city prices, this is your cue.
The Khopoli-Karjat corridor is where the next chapter of Mumbai's growth story is being written, and maybe this time you won’t have to watch it happen from the outside.
Here’s what we discuss in this blog:
- What Is Mumbai 3.0?
- What infrastructure does Mumbai 3.0 and Neoliv Privé have?
- Who is Neoliv?
- What makes Neoliv Privé a safe bet?
- Why is the Khopoli-Karjat corridor relevant right now?
- What price is Neoliv Privé going for right now?
- What is Propsoch’s verdict on Neoliv Privé?
What Is Mumbai 3.0?
In October 2024, the Maharashtra Government notified a third Mumbai: the KSC New Town, spanning 323 sq km across 124 villages of Raigad district, with MMRDA tasked to build it out over the next two decades.
Blackstone has already backed the ecosystem with a ₹41,500 Cr commitment in January 2025.
The logic is simple:
- Mumbai 1.0, the island city, is built out.
- Mumbai 2.0, Navi Mumbai, is still growing, and it has genuine runway left as the airport ecosystem scales. But its pricing has already re-rated.
- Mumbai 3.0, the new player, is at its pre-growth stage, and that's exactly where the upside sits.
What makes this cycle different is that the infrastructure didn't wait for buyers to show up first. The Atal Setu has been operational since January 2024, and the Navi Mumbai International Airport opened for domestic flights in December 2025 and international flights in May 2026.
90 Minutes From Mumbai, A World Away From the City
Head south-east out of Mumbai onto the Mumbai-Pune Expressway, and about 90 minutes and 80 km later, the flyovers give way to the Sahyadri foothills. This is the Khopoli-Karjat corridor: nature-led, expressway-connected, and now, airport-connected too.
Neoliv Privé (MahaRERA Number: PP1270002502553) sits at Khanav, near Ganeshnagar, just off Khopoli Pali Road, on a forested hillside with reserve forest running along its edges.
From the gate:
• Mumbai (Western Suburbs): ~90 mins via the Expressway
• Navi Mumbai, Panvel: ~35 mins
• NMIA Airport, Ulwe: ~30 mins via the Atal Setu
• Lonavala: ~20 mins
• Imagicaa Theme Park: ~5 mins
It offers weekend-drive ease from Mumbai, and genuine fly-in convenience for family or NRI owners once the airport is in play.
The Developer: Founder-Led Vision
Neoliv Privé is developed by NeoLiv, the platform founded in 2023 by Mohit Malhotra, who led Godrej Properties as MD & CEO from 2017 to 2022, scaling the company roughly 30x during his tenure.
NeoLiv isn't a conventional builder. It pairs a SEBI-registered investment fund with an in-house development arm, backed by 360 ONE (formerly IIFL Wealth).
For this project, NeoLiv acquired 17.5 acres in Khopoli for approximately ₹150 crore, and that's just the opening move. The developer has assembled close to 145 acres across the corridor in total. It's a long-term commitment, and Phase 1 is only the first chapter.
Inside Neoliv Privé
Neoliv Privé (MahaRERA Number: PP1270002502553) is a plotted community spread across 17.5 acres, with Phase 1 launching now on 9 acres, comprising 99 plots sized between 1,500 and 2,500 sq. ft.
Of that 9-acre phase, 2.5 acres (nearly 28%) is dedicated to the Neo Club and shared amenities, an unusually high allocation for a plotted development, and the kind of detail that separates a serviced address from a hillside plot with a number on it.
Entry tickets currently start around ₹75 lakh, with the largest plots reaching roughly ₹1.25 Cr.
The master plan wraps plots around the Neo Club, with nature trails and green corridors threading through the hillside, all bordered by protected reserve forest, which means the view stays permanently unobstructed.
Why This Corridor, Why Now
It’s not a speculation, but a notified New Town under MMRDA, with sanctioned town-planning schemes and MSRDC as the special planning authority. That means road widths, land use and green reserves are locked in before the crowds arrive.
Then layer on the infrastructure: an operational sea bridge, a live international airport, an expressway, a notified NAINA area and the upcoming Virar-Alibaug Multimodal Corridor. Each lifts land value on its own and together, they compound. It also has a hospitality cluster already on the ground, including Novotel, Radisson, and Imagicaa, and you have a services and tourism economy forming years ahead of a typical residential belt.
Notably, JW Marriott is expanding its footprint in the Khopoli corridor too. When international hotel operators keep adding keys to a market, they're underwriting weekend and nature-stay demand with their own balance sheets. That's real demand, not a projection, and it's a strong signal for future rental income on a plot like this.
The Numbers: EOI Pricing
Neoliv Privé is currently in its Expression of Interest (EOI) phase, priced from ₹4,999 per sq. ft., moving to ₹5,999 at launch. That ₹1,000/sq. ft. gap is the entire early-mover advantage.
The trade-off is that EOI allotment isn't final yet, so this is the stage to lock in price while confirming paperwork.
Propsoch’s Final Take
The setup is strong.
The catalyst has arrived rather than been promised, the EOI price sits below the project's own launch price and Colliers India ranked Khopoli 1st among India's emerging micromarkets, projecting about 3.9x by 2030.
Treat that as direction, not guarantee. The corridor already has its precedent: Godrej launched here in 2024 at ₹3,000 to ₹3,500 per square foot and is now in handover, with pricing today well above that entry.
The honest caveat: NeoLiv has not delivered a project in Mumbai. Privé is their first move into the city.
Set against that, the record elsewhere is not theoretical. NeoLiv sold all 285 plots at Golf One, Faridabad in six hours in May 2026, clocking ₹1,251 crore, after a full sellout in Sonipat.
The proven demand is in exactly what Privé sells: land, not apartments. And of the roughly 145 acres NeoLiv holds in Khopoli, Privé's 17.5 is only the first project, with parcels of 47 and 76 acres behind it.
A developer holding eight times what it is selling is committing, not testing, and everything it sells here later is priced off how Privé turns out.
Plots resell slower than apartments, so this is a seven to ten year hold, not an immediate flip.
Bottom line: if you want land in the Mumbai 3.0 story at the lowest possible entry cost, and you can hold for the long term, Neoliv Privé is one of the cleanest ways in.
Curious if this fits your portfolio? Let's connect! We'll walk you through the available plots and help you decide if this is the right entry point for you.
