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:
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
