Neo Developers
Est. 2010 · Gurgaon, Haryana · Privately held · Delhi NCR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Neo Developers?
Commercial-focused Gurgaon builder (Neo Square) with limited residential exposure.
—
Completed projects (not disclosed)
—
Sq ft delivered (not disclosed)
—
Ongoing projects (not disclosed)
—
Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Neo Developers rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Neo Developers in Numbers
Neo Developers is a privately held developer founded in 2010, headquartered in Gurgaon, Haryana, active mainly in Delhi NCR. We rate it 2.8/5 overall — high-risk — which ranks 197th of the 212 developers we profile and ahead of 7% of them.
Benchmarking
How Neo Developers Compares
Each rating against all 212 developers we profile and the 62 in Delhi NCR.
| Rating | Neo Developers | Delhi NCR average | Better than |
|---|---|---|---|
| Construction quality | 2.7/5 | 3.2/5 | 7% of developers |
| Delivery record | 2.6/5 | 2.9/5 | 8% of developers |
| Customer satisfaction | 2.6/5 | 2.9/5 | 7% of developers |
| Financial strength | 2.5/5 | 2.9/5 | 8% of developers |
| Trust | 2.8/5 | 3.1/5 | 7% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Neo Developers Project?
Neo Developers carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Neo Developers is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Niche commercial play; thin track record for residential buyers.
Portfolio
Notable Projects
Key Neo Developers projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Neo Developers: FAQs
Is Neo Developers a good builder? ＋
We rate Neo Developers 2.8/5 overall — high-risk. Niche commercial play; thin track record for residential buyers.
Is Neo Developers a listed company? ＋
No. Neo Developers is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Neo Developers deliver on time? ＋
Neo Developers has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Neo Developers completed? ＋
Neo Developers has not published a completed-project count that we could verify.