Alibaug to be fastest growing destination in India: Aditya Kilachand

04 Aug 2021 CW Team

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

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..