Neoteric Properties, a real estate company with 36 years of experience, is marking its anniversary with continued growth in India’s property market. Established initially as Neoteric Constructions Pvt. Ltd., the company was founded by Shri R.D. Gupta Ji and Smt. Laxmi Gupta Ji. Today, it has expanded to include subsidiaries GLR Real Estate Pvt. Ltd. and Gravity Infrastructures Pvt. Ltd., with a portfolio encompassing residential, commercial, and retail properties.
Neoteric Properties business model includes development and rental income streams, which the company states help balance its exposure to market fluctuations. Its development branch caters to the residential sector, offering super luxury, luxury, and premium homes in formats ranging from condominiums and duplexes to row houses and apartments. In addition to its residential projects, Neoteric has made strides in commercial real estate, including office spaces and retail complexes located near residential communities.
The company’s rental division focuses on commercial properties, with workspaces and retail areas that the company describes as designed to meet “global standards.” This diversified business structure has allowed Neoteric to operate resiliently despite shifts in real estate market conditions.
Company representatives highlight Neoteric’s management team as a key strength, with teams running independently but collaborating on mixed-use projects where applicable. The company maintains that its mission centers on professionalism, ethical practices, and customer service, with a commitment to contributing to India’s economy through real estate development.
With a presence in Gwalior and plans for future projects, Neoteric Properties positions itself as a significant player in both the residential and commercial property sectors, supporting the evolving needs of India’s housing and workspace markets.
