Alibaug to be fastest growing destination in India: Aditya Kilachand
Real Estate

Alibaug to be fastest growing destination in India: Aditya Kilachand

Seeing the data of rise in second homes in Alibaug, entrepreneur Aditya Kilachand told the media that the coastal town of Alibaug will become the fastest-growing destination in India within five years.

Alibag has quick connectivity from Mumbai and a quick boat ride from the Gateway of India. The incoming of the city dwellers to buy second homes in Alibaug resulted in infrastructure upgrades, better roads, stable electricity, and a better life. And all these were possible due to the Covid-19 pandemic when work from home gave freedom to shift the workplace to their homes in Alibaug.

Community space was the missing piece in the scenario, where a group of people shares a common interest and a space to unwind. Here Aditya Kalichand comes with its Avas Wellness Living Project, an expert with the concept of community. Avas Living is the maiden venture of the company for those who want a more holistic way of living, with health and luxury at the same time, and want to live in-between nature.

A biophilic design, along with Wellness Centre and Spa, is a unique and new business model where real estate, wellness, and technology meets at the same time to cater for the buyer with personalisation and attention to every detail.

CEO of Serum Institute of India, Adar Poonawalla, and the major investors of Avas Wellness believe that Avas Wellness has a competitive advantage in the field where the companies are already committed to good health and mental wellness for about two decades. The concept of Avas combining luxury with a holistic way of life deeply resonates with the company's philosophy.

Image Source


Also read: Promoters of JB Chemicals buy luxury property in Mumbai at Rs 138 cr

Also read: Essar’s Arkay Holdings sells bungalow in Mumbai for Rs 185 cr

Seeing the data of rise in second homes in Alibaug, entrepreneur Aditya Kilachand told the media that the coastal town of Alibaug will become the fastest-growing destination in India within five years. Alibag has quick connectivity from Mumbai and a quick boat ride from the Gateway of India. The incoming of the city dwellers to buy second homes in Alibaug resulted in infrastructure upgrades, better roads, stable electricity, and a better life. And all these were possible due to the Covid-19 pandemic when work from home gave freedom to shift the workplace to their homes in Alibaug. Community space was the missing piece in the scenario, where a group of people shares a common interest and a space to unwind. Here Aditya Kalichand comes with its Avas Wellness Living Project, an expert with the concept of community. Avas Living is the maiden venture of the company for those who want a more holistic way of living, with health and luxury at the same time, and want to live in-between nature. A biophilic design, along with Wellness Centre and Spa, is a unique and new business model where real estate, wellness, and technology meets at the same time to cater for the buyer with personalisation and attention to every detail. CEO of Serum Institute of India, Adar Poonawalla, and the major investors of Avas Wellness believe that Avas Wellness has a competitive advantage in the field where the companies are already committed to good health and mental wellness for about two decades. The concept of Avas combining luxury with a holistic way of life deeply resonates with the company's philosophy. Image Source Also read: Promoters of JB Chemicals buy luxury property in Mumbai at Rs 138 cr Also read: Essar’s Arkay Holdings sells bungalow in Mumbai for Rs 185 cr

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement