Alibaug's luxury property boom draws top developers and investors
Alibaug’s property market is growing fast, with more buyers and investors choosing the coastal town. New infrastructure and limited land in Mumbai have pushed demand for plots, villas, and custom-built homes. Recent data shows a sharp rise in registrations and stamp duty collections over the past year. From FY 2024-25 to FY 2025-26, Alibaug saw a 35% jump in registered property documents. Conveyance deeds led the way, with registrations climbing from 3,004 to 3,405. Stamp duty revenue also rose, increasing from Rs448.93 crore to Rs462.26 crore in the same period.
Major developers have taken notice. The House of Abhinandan Lodha now holds multiple premium projects spanning over 20 acres each. House of Hiranandani, Macrotech Developers, and Peninsula Land have also entered the market. Peninsula recently bought 11 acres near Mandwa Jetty, planning to develop 90-95 exclusive plots. One standout project is Hiranandani Sands, a 225-acre township near Nagaon Beach. It offers around 150 plots, sized between 1,500 and 3,000 sq ft. Improved connectivity, including the Mumbai Trans Harbour Link, has cut travel time, making Alibaug even more attractive to buyers.
The rise in conveyance deeds and stamp duty collections confirms Alibaug’s growing appeal. With big developers launching new projects and infrastructure easing access, the town is becoming a preferred destination for luxury homes. The trend shows no signs of slowing as demand for custom-built properties continues to climb.