Re-ignite the joy of home ownership Transparent and customer centric ESG Champion
Most admired fund & development company Product and service excellence Long term commitmentSG Champion
Tech-enabled interface Assurance of timely delivery Quality craftmanship
Mohit Malhotra left Godrej Properties Ltd. after 12 years there, spending nearly 6 of those years as the company's Managing Director and CEO. His goal is to establish India's premier residential platform.
Targeting healthy returns with controlled equity risk, NeoLiv is a complete residential platform that focuses on long-lasting middle-class homes in the Delhi-NCR and Mumbai-MMR regions. The platform distinguishes itself with its long-term perspective, which encompasses both a development arm and a fund management company.
Mohit is the mind, body, and spirit behind the creation of NeoLiv, with a clear ambition to construct India's Foremost Residential Real Estate Platform in the tremendous opportunity that real estate investment and development offers.
Over the last 20 years, Mohit has developed a profound understanding of capital
management, project
development, and property administration. He is a leader with an exceptional capacity to
imagine and
execute "Large-scale" company. Over the course of his incredibly fruitful 12-year career
with Godrej
Properties Limited (GPL), he contributed to the addition of over 90 new projects
totaling 150 million
square feet. Sales climbed a staggering 30 times during this time, and Mohit is credited
for turning the
firm from a relatively obscure participant to a market leader.
Under his shrewd direction, GPL gained USD 1.5 billion in new deals (9 times more than
in the preceding
five years), and its market capitalization increased from USD 1.5 billion to USD 6.2
billion (34% CAGR;
compared to 18% for peer groups). GPL's Net Promoter Scores improved by +75% over the
same period, going
from -20% in FY18 to +55% in FY22. Meanwhile, multifamily sales climbed by +30% CAGR
(2017–2022),
outpacing the industry average of +11%.
In his role as CEO of Godrej Properties, Mohit made the company the dominant force in
the national
market and a pan-India leader in each of the country's four largest cities (Delhi-NCR,
Mumbai,
Bangalore, and Pune).
During Mohit's leadership as CEO, Godrej Properties Limited was also named the Best
Business of the
Godrej Group in 2018, 2019, and 2022. In 2017, the Economic Times listed Mohit as one of
its "40 Under
Forty," and in 2018, WCRC Leaders Asia named him "India's Most Trusted CEO."
As the Head of Business Development, Mohit joined Godrej Properties Limited (GPL) in
2010 and has played
a pivotal role in the expansion of the company ever since. After Mohit was given extra
responsibility
for the P&L for the NCR region in 2012, GPL became the biggest developer in Gurgaon
based on sales in
just two years. In April of 2017, Mohit assumed the roles of CEO and MD, having been
selected as an
Executive Director on GPL's Board of Directors in 2015.
Mohit held rewarding positions with A.T. Kearney, Unitech, Redevco, and Unilever before
joining GPL.
Mohit holds an MBA from the Indian Institute of Management (IIM), Kolkata, and is a
mechanical engineer.