Oberoi Realty Alibaug to Transform Alibaug creating A New Benchmark in Luxury Real Estate near Mumbai.
Oberoi Realty has announced a groundbreaking project to transform an 81.05-acre expanse of land in the picturesque village of Tekali, Alibaug. With plans to develop a mix of luxury residential villas and a high-end resort, this ambitious project is set to redefine the real estate landscape in the region.
Key Highlights of the Project:
Luxury Resort Development:
- A total of 8.6 acres (34,803 sq. meters) is allocated for the construction of a high-end luxury star hotel or resort.
- The resort will utilize an FSI (Floor Space Index) of approximately 30,000 sq. meters, offering world-class amenities and experiences for guests.
Premium Residential Villas:
- The remaining 72.45 acres (2,93,207 sq. meters) will feature approximately 150 fully serviced, branded villas.
- With an FSI of 1,20,000 sq. meters, these high-end homes are designed to cater to the affluent, blending exclusivity with unmatched luxury.
Revenue Sharing Agreement:
Oberoi Realty’s arrangement with landowners involves a revenue and area-sharing model, ensuring a win-win partnership that underpins the project’s success.
Why Alibaug is the Hotspot for Top Developers
Alibaug’s rapid evolution into a luxury real estate hub has made it a prime destination for developers like Oberoi Realty. Alibaug is seen as a luxury destination and is like 30 min away on a boat from Mumbai. Lots of celebrities, industrialists and HNI's have villas there and its fast becoming a go to location for the Rich and Famous.
Here's why this coastal retreat is attracting top-tier projects and this blends in with Oberoi Realty Uber Luxury plans and consumers:
1. Strategic Location & Connectivity:
- Just a short ferry ride from South Mumbai, Alibaug offers the perfect blend of proximity and tranquility.
- Upcoming infrastructure projects, such as Ro-Ro services and improved road networks, are enhancing connectivity, making it an attractive choice for both residents and investors.
2. Tranquil Coastal Lifestyle:
- Alibaug’s serene beaches, lush greenery, and peaceful ambiance provide a stark contrast to Mumbai’s fast-paced life.
- This makes it a favored location for vacation homes and luxurious retreats.
3. Luxury Real Estate Boom:
- Rising demand for exclusive, branded properties has developers introducing projects that cater to high-net-worth individuals seeking quality, privacy, and sophistication.
- Oberoi Realty’s villas and resort embody this trend, offering premium amenities in a coveted location.
4. Future Growth Potential:
- As Alibaug undergoes infrastructural and tourism-focused development, it presents lucrative opportunities for real estate appreciation and investment.
Oberoi Realty’s Vision for Alibaug:
With this landmark project, Oberoi Realty continues to demonstrate its commitment to redefining luxury real estate in India. By introducing branded villas and a high-end resort, the company aims to meet the aspirations of modern, discerning buyers while enhancing Alibaug’s reputation as a prime destination for luxury living.
Alibaug: The Hamptons of Mumbai
Often referred to as the "Hamptons of Mumbai," Alibaug’s appeal lies in its natural beauty, strategic location, and emerging infrastructure. This iconic Oberoi Realty development is poised to solidify the town’s reputation as a luxury real estate and tourism hotspot, attracting high-net-worth individuals and investors alike.
Stay tuned for more updates as this landmark project takes shape.