Neoliv Secures Rs 3 Bn in First Close of AIF with 360 One Backing

18 Mar 2024 CW Team

Neoliv, a real estate-focused platform backed by 360?One, has successfully raised Rs 3 billion in the first close of its Alternative Investment Fund (AIF). This significant milestone demonstrates investor confidence in Neoliv's vision and underscores the growing interest in real estate investment opportunities in India.

The funds raised will enable Neoliv to further its strategic objectives, including the development of innovative residential and commercial projects that cater to evolving market demands. With 360?One's backing, Neoliv aims to leverage its expertise and resources to drive sustainable growth and deliver value to its stakeholders.

The successful closure of the AIF reflects Neoliv's strong positioning in the real estate market and its ability to attract capital from institutional investors. The infusion of Rs 300 crore will fuel Neoliv's expansion plans and enhance its capabilities to execute high-quality projects across key markets in India.

360?One's support underscores its confidence in Neoliv's business model and growth prospects in the Indian real estate sector. The partnership between Neoliv and 360?One is expected to create synergies and unlock new opportunities for value creation in the dynamic real estate landscape.

As Neoliv embarks on its journey with the backing of 360?One, stakeholders in the real estate industry are optimistic about the company's ability to capitalise on emerging trends and deliver superior returns. The successful fundraising initiative reaffirms Neoliv's position as a prominent player in India's real estate development space.

Infrastructure Urban

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