Oberoi Realty Unveils Ambitious Luxury Development in Alibaug: Villas and Five-Star Resort on 81 Acres

Oberoi Realty is embarking on an exciting new venture in the picturesque coastal town of Alibaug Maharashtra The company has recently acquired a sprawling 81.05 acres of land in Tekali village setting the stage for a luxurious development that promises to redefine opulent living in this serene locale

A Vision of Luxury

With a clear vision in mind Oberoi Realty plans to create a stunning five-star hotel and resort on approximately 8.6 acres of this land utilizing a floor space index FSI of 30,000 square meters This hotel aims to provide an unparalleled experience for guests combining world-class hospitality with the natural beauty of Alibaugs coastline

The remaining 72.45 acres will be dedicated to constructing around 150 high-end luxury villas Each villa is designed to be fully serviced and branded offering residents a blend of comfort and sophistication The total FSI allocated for these villas is approximately 120,000 square meters ensuring spacious and luxurious living environments

Strategic Development Agreement

The acquisition was formalized through a development agreement with the landowners who will receive compensation based on revenue and area shares from the residential project This innovative approach not only secures the land for Oberoi Realty but also fosters collaboration with local stakeholders

Alibaug: A Rising Star

Alibaug has increasingly become a sought-after destination for luxury real estate thanks to its proximity to Mumbai and its enchanting natural surroundings With its pristine beaches and lush landscapes it has become a favored second home for high-net-worth individuals seeking tranquility away from the city hustle

According to real estate consultancy Anarock Alibaug is quickly establishing itself as a luxury real estate hub attracting significant interest from investors looking for vacation homes and permanent residences alike

Infrastructure and Accessibility

The allure of Alibaug is further enhanced by ongoing infrastructure developments aimed at improving connectivity to Mumbai Upcoming projects like the Mumbai-Alibaug Coastal Road are expected to significantly reduce travel times making this coastal paradise even more accessible

As Oberoi Realty moves forward with its ambitious plans the company is poised to contribute to the growth of Alibaug's luxury market while providing residents with an exceptional lifestyle that harmonizes modern living with nature’s beauty.