Hiranandani Communities, led by real estate developer Niranjan Hiranandani, has unveiled ‘Hiranandani Sands’, a luxury coastal township in Alibaug, near Mumbai. Spread across 225 acres, the project is projected to generate Rs 170 billion in revenue over the next decade.

Designed to cater to affluent domestic and global buyers, the township will offer luxury homes, signature villas, plotted developments, and branded serviced apartments. It will be Alibaug’s first private township, featuring a personal beachfront and private jetty access, delivering a new benchmark in coastal luxury living.

The development will include five hotels across business and leisure segments, a mega convention centre, an eco-wellness hub, beachside entertainment facilities, and a world-class yacht club. Additionally, one of Alibaug’s largest water sports hubs will commence operations by the end of the year.

In line with its sustainability focus, the township will include 27 acres of reserved forest with over 7,000 trees afforested, located near 100 acres of natural wetlands.

“With rising demand for luxury homes, the township will attract domestic and NRI investors, high-net-worth individuals (HNIs), and ultra-HNIs seeking premium coastal living. It will also benefit from Integrated Township Project (ITP) incentives, including a 50 per cent stamp duty concession,” said Niranjan Hiranandani, Founder and Managing Director, Hiranandani Communities.

The first phase of Hiranandani Sands spans 330,000 sq. ft., featuring three residential towers with 330 units, all of which have been sold out at launch. Unit configurations include studio, 1, 2, and 3 BHK apartments, priced between Rs 8 million for studios and Rs 28.5 million for premium 3 BHK homes offering sea and hill views.