Alibag, renowned for its gentle ocean breeze and serene charm, is increasingly becoming a favoured lifestyle choice for India’s affluent.
This is evident from the recent development wherein Oberoi Realty Ltd announced the execution of a development agreement for an 81.05-acre land parcel in Alibag, aimed at constructing luxury villas and a five-star hotel.
This agreement covers 328,010 square meters of land in Tekali village, Raigad district. Similarly, in October 2024, Emaar India revealed its entry into the Maharashtra market with an ultra-luxury holiday home project in Alibag.
Once a peaceful coastal town celebrated for its natural beauty, Alibag is now quietly gaining attention as a prime destination for discerning homebuyers seeking tranquility and a deeper connection with nature.
It offers an attractive alternative to city life, where mornings greet residents with the soothing sound of waves and fresh coastal air. Life in Alibag moves at a slower pace, with days marked by a serene and rejuvenating rhythm.
For those considering Alibag as more than just a getaway, this coastal town presents a lifestyle shaped by scenic beauty and exclusivity. Key factors that enhance the town’s appeal include its coastal proximity, craftsmanship, privacy, and peace.
Vikas Sutaria, Founder of Iraah Lifespaces, commented, “Alibag has emerged as one of the most promising investment destinations in recent years, combining its scenic beauty and pleasant weather with unparalleled proximity to Mumbai, thanks to transformative infrastructure projects like the Atal Setu and enhanced waterways. Its evolution from a serene getaway to a vibrant luxury destination has made it a preferred choice for celebrities and HNIs who are increasingly investing in the region.”
Sutaria added, “Moreover, the influx of branded developers into Alibag underscores its potential for growth, providing investors with high-quality options that promise long-term value. Whether as a holiday home or a luxury villa, properties in Alibag not only enhance lifestyle aspirations but also offer impressive returns on investment, making it a hotspot for discerning buyers.”
