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Alibaug's property market opens to mainstream luxury developments
Mint Mumbai
|May 14, 2025
LUXURY HOTSPOT THE branded developments to come up in Alibaug are for investors as well as end-users JUST like Goa, the Alibaug property market is drawing developers from outside Maharashtra
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.
This story is from the May 14, 2025 edition of Mint Mumbai.
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