Hiranandani Launches Rs 170 Billion Coastal Township In Alibaug
ECONOMY & POLICY

Hiranandani Launches Rs 170 Billion Coastal Township In Alibaug

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.
The RERA-approved project recorded gross sales of Rs 4.5 billion at launch, reflecting strong demand for high-end real estate in the Mumbai–Alibaug coastal corridor. 

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.The RERA-approved project recorded gross sales of Rs 4.5 billion at launch, reflecting strong demand for high-end real estate in the Mumbai–Alibaug coastal corridor. 

Next Story
Real Estate

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement