The "Hunger Games" director Francis Lawrence is behind the adaptation. "Neverwhere" was initially a BBC Two miniseries in 1996, created by both Gaiman and Lenny Henry, and starring one Peter Capaldi, reported Deadline.
"Neverwhere", which later became a novel, was most recently a BBC radio drama broadcast in 2013. The star-studded voice cast included Benedict Cumberbatch, Anthony Head, James McAvoy, Natalie Dormer, Christopher Lee, David Harewood and Sophie Okonedo.
Lawrence will direct and executive-produce the new TV adaptation.
The story is an urban fantasy, when Richard Mayhew encounters an injured girl named Door on the street one night, he decides to help her despite his fiancee's protests.
He loses his house, his job and nearly his mind as he travels London Below in an attempt to make sense out of it all, find a way back and help Door survive as she is hunted down by hired assassins.