Gurugram-based real estate firm Neworld Developers, has said that the company plans to launch real estate projects worth Rs 5,000 crore over the next five years. These projects will be an amalgamation of integrated townships, villas, resorts, and hospitality-linked developments across key locations including Goa, Ayodhya, Mathura and Haryana, the company said.
Sunil Sisodiya, Chairman and CEO, Neworld Developers said that the company will launch a township project in Goa in May 2025, which will have premium amenities and seamless connectivity to the newly developed MOPA Airport.
The project has already received all necessary approvals under state regulations, including the NA (Non-agricultural) registration and Occupancy Certificate (OC), ensuring transparency and reliability for homebuyers.
Neworld Developers has acquired 182 acres of land in Goa & Maharashtra, to develop township projects. Unlike traditional second homes or retirement communities, the township is designed to provide a comprehensive lifestyle experience with a mix of plotted developments, premium villas, and resort-like living spaces. The initial phase, with a sales value of Rs 400 crore, is set to commence possession soon, the realty firm said on April 1, 2025.
"At Neworld Developers, we believe in building experiences, not just homes. Our projects in Goa are a reflection of this commitment — integrating residential, commercial, and hospitality elements to create self-sustained communities. With approvals in place and development well underway, we are eager to introduce a township that will offer an exceptional living environment, complemented by Goa’s serene landscape and excellent connectivity. This is just the beginning of our Rs 5000 crore development roadmap," he said.
In addition to its presence in Goa, Neworld Developers is planning to acquire land parcels in different parts of Haryana for plotted developments to promote affordable housing in the region. The company is also exploring opportunities in culturally and religiously significant locations such as Mathura, Ayodhya, and Meerut, with plans for township projects that cater to the evolving housing demand in Tier 2 and Tier 3 cities.
"Our goal is to contribute to the growth of India's real estate landscape by creating thoughtfully designed spaces that meet the needs of both homebuyers and investors,” Sisodiya said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.