MTHL to drive investments for resort homes in Alibaug

16 Jan 2024 CW Team

Several factors are contributing to Alibaug's increasing appeal for investments in resort homes. Firstly, the improved connectivity provided by the MTHL is a major draw. The bridge, along with enhanced ferry services, will make Alibaug more accessible to Mumbai, elevating its status as a prime location for investment. Secondly, the government of Maharashtra is investing heavily in Alibaug's infrastructure, including public transportation, water supply, and waste management, as part of its Alibaug Smart City project. This infrastructural advancement is expected to boost the standard of living in the area and, in turn, the real estate market.

An earlier survey by Savills India had said that as many as 70 percent of the respondents wanted to invest in a second home priced at Rs 2 crore or less within two years. As many as 29 percent want to invest in popular second-home destinations in Maharashtra. Net yields of Maharashtra properties have been in the range of 4-6 percent, the survey had said.

Commenting from the investment perspective, Dr. Sachin Chopda, Managing Director, Pushpam Group said, ?We have recently started the construction of our new resort home Balibaug at Alibaug. We are constructing serviced villas and apartments here and the response that we have seen is commendable. There has been a surge in demand due to the MTHL and other ongoing infra projects in the MMR. The second-home markets near Mumbai such as Alibaug and Karjat may become first-home destinations in the next 7 to 10 years due to the impact that these infra projects will create. Our simple value proposition is higher rental yield considering real estate is an appreciating asset and not a liability for investors.?

Alibaug's natural beauty, with its sandy beaches and lush landscapes, has long made it a popular destination for weekend getaways among Mumbai residents. With the development of new hospitals, international schools, and additional RO-RO vessels and water taxi services, Alibaug is transforming into one of the most sought-after lifestyle destinations. The demand for second homes in Alibaug has seen exponential growth in the last three years, making it an ideal spot for city dwellers to invest in holiday homes. The prospect of rental management services, offering homeowners up to a projected 5% rental yield, further adds to the appeal.

In terms of real estate, Alibaug presents a variety of options, from economical apartments to luxurious villas, catering to different budgets and preferences. The stability of the Alibaug real estate market, with a consistent rise in property prices, positions it as a less volatile investment compared to other markets.

The Mumbai Trans Harbour Link (MTHL) is expected to have a significant impact on the investment landscape for resort homes in Alibaug. This 22 km-long sea bridge will dramatically shorten the travel time between Mumbai and Alibaug to about 45 minutes, making it a highly attractive investment destination. Several factors are contributing to Alibaug's increasing appeal for investments in resort homes. Firstly, the improved connectivity provided by the MTHL is a major draw. The bridge, along with enhanced ferry services, will make Alibaug more accessible to Mumbai, elevating its status as a prime location for investment. Secondly, the government of Maharashtra is investing heavily in Alibaug's infrastructure, including public transportation, water supply, and waste management, as part of its Alibaug Smart City project. This infrastructural advancement is expected to boost the standard of living in the area and, in turn, the real estate market. An earlier survey by Savills India had said that as many as 70 percent of the respondents wanted to invest in a second home priced at Rs 2 crore or less within two years. As many as 29 percent want to invest in popular second-home destinations in Maharashtra. Net yields of Maharashtra properties have been in the range of 4-6 percent, the survey had said. Commenting from the investment perspective, Dr. Sachin Chopda, Managing Director, Pushpam Group said, ?We have recently started the construction of our new resort home Balibaug at Alibaug. We are constructing serviced villas and apartments here and the response that we have seen is commendable. There has been a surge in demand due to the MTHL and other ongoing infra projects in the MMR. The second-home markets near Mumbai such as Alibaug and Karjat may become first-home destinations in the next 7 to 10 years due to the impact that these infra projects will create. Our simple value proposition is higher rental yield considering real estate is an appreciating asset and not a liability for investors.? Alibaug's natural beauty, with its sandy beaches and lush landscapes, has long made it a popular destination for weekend getaways among Mumbai residents. With the development of new hospitals, international schools, and additional RO-RO vessels and water taxi services, Alibaug is transforming into one of the most sought-after lifestyle destinations. The demand for second homes in Alibaug has seen exponential growth in the last three years, making it an ideal spot for city dwellers to invest in holiday homes. The prospect of rental management services, offering homeowners up to a projected 5% rental yield, further adds to the appeal. In terms of real estate, Alibaug presents a variety of options, from economical apartments to luxurious villas, catering to different budgets and preferences. The stability of the Alibaug real estate market, with a consistent rise in property prices, positions it as a less volatile investment compared to other markets.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Real Estate

04 Jun 2026

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..