Try GOLD - Free
Alibaug's property market opens to mainstream luxury developments
Mint Hyderabad
|May 14, 2025
Alibaug, a charming coastal town near Mumbai, is seeing a surge in luxury property development as branded residences and high-end hotels target a broader range of buyers beyond celebrities and business tycoons.
Once known for secluded villas of Mumbai's elite, Alibaug is becoming more mainstream with several luxury gated communities coming up. These branded developments are targeted at both investors and end-users.
Mumbai's top two developers—Macrotech Developers Ltd (Lodha) and Oberoi Realty Ltd—are gearing up to launch their first projects in Alibaug. Macrotech is planning to develop a 100-acre project that will have sky villas or duplexes, townhouses and a seven-star hotel, said two people familiar with the plans.
"The project 'Lodha Alibaug' is loosely based on the French riviera theme, and will come up on a prime location. It will have a private members' club, with a lot of focus on gastronomy and fine dining," said one of the two persons cited earlier, both of whom spoke anonymously.
This story is from the May 14, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
Saudi firms paring back pay premiums
Saudi firms are scaling back generous salary premiums that once lured top foreign talent into sectors such as construction and manufacturing as the kingdom reins in spending and reorders economic priorities, four recruiters told Reuters.
1 min
November 17, 2025
Mint Hyderabad
In India's car labs, Chinese models new benchmark
Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.
1 min
November 17, 2025
Mint Hyderabad
Centre weighs consolidation of public sector general insurance firms
least some quarters of FY25, bringing the consolidation plan back on the agenda.
2 mins
November 17, 2025
Mint Hyderabad
Positives in IT, but fears remain
More than half of FY26 is out of the way, but for India's information technology (IT) companies, revenue visibility remains murky. Investors are swinging between hope and despair, as a recovery in revenue growth gets delayed.
2 mins
November 17, 2025
Mint Hyderabad
PHYSICS WALLAH: SEEKING MOMENTUM IN THE SOUTH
The company lacks mass and velocity in the region. Will the IPO proceeds help it accelerate?
9 mins
November 17, 2025
Mint Hyderabad
India eyes standardized protein-rich food basket to boost TB recovery
India is working to standardize the nutritional support for tuberculosis (TB) patients and their family members through a regional food basket, according to two officials and documents reviewed by Mint.
1 mins
November 17, 2025
Mint Hyderabad
Jaishankar meets Qatar's leaders
External affairs minister S. Jaishankar on Sunday met Qatar's top leadership in Doha and discussed major aspects of the bilateral relationship, including energy and trade, as well as regional and global issues.
1 min
November 17, 2025
Mint Hyderabad
Urban co-op lenders eye online banking
The National Urban Cooperative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worth below ₹50 crore to offer digital services, including internet banking.
1 min
November 17, 2025
Mint Hyderabad
DO YOU OWN PAPER OR GOLD? THE CRITICAL FINE PRINT ON SGBS
Ow Bertie is quite chuffed that he owns Sovereign Gold Bonds (SGBs).
2 mins
November 17, 2025
Mint Hyderabad
Pollution season fuels clean-air tech startups
Pollution spike is driving demand for purifiers, mask and clean-air devices
2 mins
November 17, 2025
Listen
Translate
Change font size