Oberoi Realty Enters Alibaug

📅 December 24, 2024
Oberoi Realty Enters Alibaug

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:

  1. 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.
  2. 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
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