Oberoi Realty Enters Alibaug

Oberoi Realty Enters Alibaug

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 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.

 
About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/