Hiranandani Announces Rs 17K Crore Alibaug Township With Luxury Homes

Hiranandani Communities has announced an ambitious 225-acre township project near Alibaug, close to Mumbai, with a projected revenue potential of ₹17,000 crore. The coastal development, named Hiranandani Sands, aims to redefine luxury living in the region, offering high-end residences, signature villas, plotted developments, and branded serviced apartments. Experts believe the project is poised to significantly influence the real estate dynamics of coastal Maharashtra.

The township is strategically positioned to benefit from enhanced connectivity via road, rail, sea, and air. Officials indicate that improved last-mile access and year-round mobility will make the area increasingly attractive to both domestic and international investors. Integrated Township Project (ITP) incentives, including a 50 percent stamp duty concession, are expected to further boost market interest in premium coastal properties. The first phase spans approximately 3.3 lakh square feet, comprising three residential towers with 330 units. Sources from the developer confirmed that all units were sold out immediately upon launch, demonstrating strong demand for luxury coastal housing. Residential options include studio apartments to three-bedroom units, appealing to affluent buyers and Non-Resident Indian (NRI) investors seeking long-term investment in high-end real estate.

Officials explained that subsequent phases of the township will integrate luxury villas, high-end serviced apartments, private beachfront access, a yacht club, and five luxury hotels. The mixed-use nature of the project reflects a broader trend in urban development, where residential, recreational, and commercial infrastructure is combined to create self-contained, sustainable communities. Hiranandani Communities, which has operational townships in Powai and Panvel in the Mumbai metropolitan region and Oragadam in Chennai, has delivered more than 35 million square feet of residential space and 15 million square feet of commercial infrastructure over the past four decades. The developer has also diversified into industrial and logistics parks, reinforcing its strategic expertise in large-scale urban and semi-urban projects.

Experts note that Hiranandani Sands aligns with the government’s push for sustainable, eco-friendly urbanisation along the coast. The developer has committed to incorporating green building practices, low-carbon infrastructure, and environmentally conscious landscaping within the township. Such measures are expected to enhance the long-term viability and livability of the project, while also mitigating environmental impact in a sensitive coastal zone. Urban planners and real estate analysts suggest that this township could serve as a catalyst for transforming Alibaug from a seasonal retreat to a high-value residential and leisure destination. The scale, premium positioning, and integrated design of the township are likely to set new benchmarks in luxury coastal real estate, attracting high-net-worth individuals and institutional investors alike.

The development is anticipated to significantly impact regional employment, local commerce, and infrastructure development. It also reflects Hiranandani Communities’ strategic commitment to redefining urban living through sustainable, equitable, and well-planned townships.

Hiranandani Announces Rs 17K Crore Alibaug Township With Luxury Homes