For decades owning a villa, farmhouse or even a second home around the hilly terrain of Lonavala or Khandala region was the status symbol for Mumbaikars. It was a go to place for everyone who had arrived in life. Till such time the region lost its openness and premium tag attached to it.
Alibaug arrived with a huge bang during the pandemic. What worked in its favour was its proximity across the sea to Mandwa, speed boats and ro-ro service around the year. The MTHL road was icing on the cake and coastal road connectivity to the Albaug region made it the prime choice for crème de la Crème of the country.
Mumbai’s new hot spot -Alibaug became not just countries favourite destination but also investors from Dubai and Middle East. As per Seville Report, it was the most preferred destination for investments leaving places like Goa, Mussorie behind.
Many industrialists own massive homes in Alibaug. The King of Bollywood Shahrukh Khan too has a luxury home named Déjà Vu farms in this paradise. Today’s strong Power couples of Bollywood & Crickets, Deepika & Ranvir & Virat & Anushka are also proud residents of Alibaug.
Today, sourcing good land in Alibaug has become extremely challenging. The farmers and landowners are well aware of the boom in prices. Besides, there are now hundreds of brokers, all trying to sell land & make a quick buck with some brokers having no clue.
Commenting on the buying trend, Mr. Nikhil Gupta a well-known Mumbai businessman & broker, who is fondly regarded in many circles as the super-agent of Alibaug Real Estate said; “Sourcing new land in Alibaug is not easy. Many famers rely on local brokers or middlemen to help them sell to clients. In many cases the documentation is incomplete. Frankly, there is very little clarity with these middlemen & absolutely zero accountability. He added, “I am always selective & I prefer to be handed on, hence I either deal directly with farmers, or I sell land actually owned by a developer such as Samira Habitats. This safety-first approach helps me provide my clients with total clarity & peace of mind.
When spoken to Samir Nerurkar, Founder of Samira Habitats, land aggregators and Real estate Developers in Alibaug since 1995 said, “Buying land in Alibaug has evolved. The new buyer is well aware of the boom in the market. Today’s buyer wants total peace of mind. They prefer buying land in Gated Communities with infrastructure & security”.
Mumbai is one of the best examples of India’s extreme surge in wealth. Luxury & Lifestyle is no longer limited to a niche set of the super wealthy, it is welcoming for all those who aspire in life.
Today, everyone wants a piece of Alibaug. It is indeed a status symbol.