Alibaug’s New Luxury Frontier: Inside Oberoi Realty’s 81-Acre Vision

Oberoi Realty, a Mumbai-based real estate giant. Created buzz by purchasing 81 acres of coastal land in Alibaug, Maharashtra, a company known for its high-end projects. There are plans to transform the quiet location into a luxury hub with a five-star hotel and branded residential villas. This ambitious development marks another important step in Alibaug's growth as a preferred destination for high net worth individuals (HNWIs) and luxury seekers.

Here are some insights into the benefits of this project. And why is it a game changer for the region?

Prime Land for an Exclusive Vision

Oberoi Realty’s newly acquired parcel of land is situated in Tekali, a picturesque village in Alibaug. Spanning a total of 81.05 acres, equivalent to 3,28,010 square meters, the land is perfectly positioned to cater to the growing demand for luxury accommodations and second homes near Mumbai.

The development plan is divided into two distinct components:

1. Luxury Five-Star Hotel:

• The company has earmarked 8.6 acres (34,803 square meters) for the hotel project.
• The proposed hotel will boast a Floor Space Index (FSI) of 30,000 square meters, providing ample space for high-end amenities, opulent rooms, and world-class services.
• This hospitality venture aims to attract affluent travelers, offering them a retreat that blends luxury with Alibaug’s natural charm.

2. High-End Residential Villas:

• The remaining 72.45 acres (2,93,207 square meters) will host approximately 150 branded, fully serviced luxury villas.
• With a cumulative FSI of 1,20,000 square meters, these villas are designed to deliver a premium living experience. Each unit will likely include state-of-the-art architecture, elegant interiors, and private outdoor spaces.
• This section caters to buyers looking for exclusive vacation homes, combining resort-like facilities with the privacy of independent residences.

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Innovative Transaction Model

A unique feature of this project is the nature of the agreement with the land owner. Instead of buying outright, Oberoi Realty opted for a revenue-sharing and business-sector model. This innovative approach ensures that both parties benefit from development success.

After the implementation of the agreement The company has taken possession of the land. This is preparation for rapid progress in making this vision a reality.

Why Alibaug?

Alibaug’s allure goes beyond its stunning coastline. Over the past decade, it has emerged as a hotspot for luxury real estate, driven by its proximity to Mumbai, natural beauty, and evolving infrastructure.

1. Proximity to Mumbai:
Alibaug is a mere three-to-four-hour drive from Mumbai, making it a convenient getaway for city dwellers. For those seeking even quicker access, ferry services from South Mumbai significantly reduce travel time.

2. Favored by Celebrities and HNWIs:
The town has long been a second home destination for Bollywood celebrities and high-net-worth individuals. The exclusivity, tranquility, and scenic views make it a perfect escape from the urban grind.

3. Post-Pandemic Appeal:
The COVID-19 pandemic reshaped the real estate landscape, with an increasing number of upper-middle-class families seeking second homes in holiday destinations. Alibaug, with its blend of luxury and serenity, became a prime choice for this demographic.

4. Future Connectivity:
The upcoming multimodal corridor linking Alibaug to Virar is a game-changer. With an estimated cost of Rs 55,000 crore, this project includes an 8–14 lane expressway, enhancing accessibility and making Alibaug an even more attractive real estate investment.

Rising Demand for Luxury Villas

Demand for branded residences and serviced villas has grown rapidly in recent years. These properties combine the exclusivity of a private home with the convenience of hotel service. To meet the lifestyles of today's wealthy buyer.

 Oberoi Realty's plan to build 150 luxury villas capitalizes on this trend. It offers buyers a unique proposition: a tranquil retreat in a coastal city. with premium amenities and stunning views.

Alibaug: A Coastal Jewel in Maharashtra

Once a sleepy coastal town, Alibaugh is now a thriving luxury real estate destination. and the tranquil atmosphere contrasts with the hustle and bustle of Mumbai.

 But Alibaug's charm isn't limited to her natural beauty. Its strategic location and growing infrastructure make it a profitable place for real estate investment. According to leading real estate consultants, Alibaugh is fast becoming a destination for vacation homes in India.

Oberoi Realty’s Vision for Alibaug

This ambitious project is in line with Oberoi Realty's reputation for developing world-class projects. By combining a 5 star hotel brand with a villa. The company therefore creates a holistic lifestyle destination where luxury, relaxation and convenience go hand in hand.

The inclusion of a luxury hotel ensures that the property doesn't just attract buyers. but also tourists and business travelers. Branded villas now offer exclusivity to discerning buyers looking for a second home that reflects their sophisticated tastes.

Impact on Alibaug’s Real Estate Landscape

Oberoi Realty's project aims to elevate Alibaug as a leading luxury destination. It will likely attract more investment and increase property values ​​in the area. Additionally, the project is expected to increase local employment and tourism. which contributes to Alibaug's overall economic growth.

Oberoi Realty's acquisition of 81 acres in Alibaugh marks a key moment in the city's transformation into a luxury real estate hub. With plans to build a five-star hotel and 150 branded villas, the development promises to redefine coastal living in India.

As infrastructure improvements continue and demand for upscale vacation homes rises, this project stands out as a symbol of Alibaug’s potential. For those seeking an idyllic retreat near Mumbai, Oberoi Realty’s upcoming project could be the perfect blend of elegance, comfort, and convenience.

This development not only reflects Oberoi Realty’s commitment to excellence but also cements Alibaug’s position as a jewel in Maharashtra’s coastal real estate crown. With its natural beauty, strategic location, and luxurious offerings, Alibaug is truly the destination to watch in the coming years.

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