Neworld Developers targets Rs 5,000 revenue across multiple projects in Goa and Haryana
ET Bureau April 02, 2025 07:03 PM
Synopsis

Neworld Developers, based in Gurugram, aims to generate Rs 5,000 crore in revenue over the next five years through various projects in Haryana and Goa. The company's first project, located near MOPA airport in Goa, is set to launch in May 2025, offering integrated townships, resorts, and villas.

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Neworld Developers, a Gurugram based realty company is targeting Rs 5,000 crore revenue over the next five years from multiple projects across Haryana and Goa, a senior executive said.

With a focus on delivering integrated townships, villas, resorts, and hospitality-linked developments, the company’s first project will be in Goa and will be launched in May 2025.

The project, which is near to the MOPA airport, 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 prime land in Goa & Maharashtra. The initial phase, with a sales value of Rs 400 crore, will be offered for possession soon.

"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,” said Sunil Sisodiya, Chairman and CEO of Neworld Developers.

In addition to its presence in Goa, Neworld Developers is planning to acquire land parcels in multiple parts of Haryana for plotted developments under the fresh scheme to promote affordable housing in the region.

Furthering its national presence, the company is also exploring opportunities in culturally 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.
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