Mumbai-based real estate giant Hiranandani Communities has made a bold move into Alibaug’s booming property market with the launch of Hiranandani Sands, a 225-acre integrated township project. With an investment of ₹5,000 crore spread over the next decade and a projected gross development value (GDV) of ₹17,000 crore, the project is set to transform Alibaug into a premier real estate and hospitality hub.
First Phase Sees Record-Breaking Sellout
The project opened with 3.3 lakh sq ft of development across three residential towers, featuring 330 apartments in studio, 1, 2, and 3 BHK configurations. Priced between ₹80 lakh and ₹2.85 crore, the apartments were sold out in just 2.5 days, generating ₹450 crore in revenue.
Founder and MD Niranjan Hiranandani highlighted the growing global interest, with 12% of buyers being NRIs, particularly from the US, underscoring Alibaug’s rising global appeal as a coastal real estate destination.
Next Phase: Branded Residences, Villas, and Plots
Building on the strong response, Hiranandani Communities is fast-tracking the next phases:
- 150 branded residences: Fully furnished homes with hospitality-inspired services, rental management options, and assured returns for early buyers.
- Plots with amenities: Expected within three months.
- Luxury villas: Likely to launch within 120 days, subject to market response.
- Five-star hotels: Talks are underway with hospitality majors to bring at least four luxury hotels to Alibaug, alongside a mid-sized convention centre for conferences and weddings.
A Lifestyle Township With World-Class Features
The master plan of Hiranandani Sands envisions a self-sustained township offering:
- Retail & commercial hubs modeled on Hiranandani’s Powai and Panvel projects.
- Multi-cuisine restaurants, wellness centres, and global concierge services—rare in Mumbai’s residential landscape.
- A 3.5 km beachfront integrated with water sports facilities, slated to launch by late 2025.
- Eco-friendly initiatives, including a 27-acre forest with 7,000 trees and preservation of a 100-acre wetland as a reserved forest.
Connectivity: The Big Game-Changer for Alibaug
Alibaug’s rise as a property hotspot is driven by improving infrastructure:
- The Virar–Alibaug corridor, Atal Setu, Navi Mumbai International Airport, and the Vashi bridge will make access seamless.
- A Ro-Ro service to Revdanda jetty, just 5 minutes away, and a captive jetty being developed by Hiranandani, promise better sea connectivity.
These upgrades are expected to make Alibaug as accessible as Mumbai suburbs while retaining its coastal charm.
IPO on the Horizon?
When asked about taking the company public, Niranjan Hiranandani said an IPO is under consideration, though no formal discussions with bankers or investors have started yet. If pursued, the process could take six to nine months.
Alibaug’s Real Estate Boom
Alibaug is fast becoming the “Goa of the West Coast,” attracting top developers and celebrities alike:
- Emaar India is developing 84 ultra-luxury villas priced between ₹9–15 crore.
- Oberoi Realty haHiranandani launches ₹17,000-cr Alibaug township with villas, branded homes & 5-star hotels, redefining coastal living. Read why it’s a game-changer!s acquired 81 acres for a luxury hotel and branded villas.
- Lodha Developers, House of Abhinandan Lodha, Mahindra Lifespaces, and others are also betting big on the region.
- Bollywood celebrities including Amitabh Bachchan, Suhana Khan, Kriti Sanon, and Kartik Aaryan have also chosen Alibaug as their second home destination.
Hiranandani’s Legacy
With landmark townships already operational in Powai, Panvel, and Oragadam (Chennai), the group has delivered over 50 million sq ft of real estate in residential, commercial, industrial, and logistics sectors. Hiranandani Sands is now positioned as its flagship project to redefine coastal living in India.
Mumbai-based real estate giant Hiranandani Communities has made a bold move into Alibaug’s booming property market with the launch of Hiranandani Sands, a 225-acre integrated township project. With an investment of ₹5,000 crore spread over the next decade and a projected gross development value (GDV) of ₹17,000 crore, the project is set to transform Alibaug into a premier real estate and hospitality hub.
First Phase Sees Record-Breaking Sellout
The project opened with 3.3 lakh sq ft of development across three residential towers, featuring 330 apartments in studio, 1, 2, and 3 BHK configurations. Priced between ₹80 lakh and ₹2.85 crore, the apartments were sold out in just 2.5 days, generating ₹450 crore in revenue.
Founder and MD Niranjan Hiranandani highlighted the growing global interest, with 12% of buyers being NRIs, particularly from the US, underscoring Alibaug’s rising global appeal as a coastal real estate destination.
Next Phase: Branded Residences, Villas, and Plots
Building on the strong response, Hiranandani Communities is fast-tracking the next phases:
- 150 branded residences: Fully furnished homes with hospitality-inspired services, rental management options, and assured returns for early buyers.
- Plots with amenities: Expected within three months.
- Luxury villas: Likely to launch within 120 days, subject to market response.
- Five-star hotels: Talks are underway with hospitality majors to bring at least four luxury hotels to Alibaug, alongside a mid-sized convention centre for conferences and weddings.
A Lifestyle Township With World-Class Features
The master plan of Hiranandani Sands envisions a self-sustained township offering:
- Retail & commercial hubs modeled on Hiranandani’s Powai and Panvel projects.
- Multi-cuisine restaurants, wellness centres, and global concierge services—rare in Mumbai’s residential landscape.
- A 3.5 km beachfront integrated with water sports facilities, slated to launch by late 2025.
- Eco-friendly initiatives, including a 27-acre forest with 7,000 trees and preservation of a 100-acre wetland as a reserved forest.
Connectivity: The Big Game-Changer for Alibaug
Alibaug’s rise as a property hotspot is driven by improving infrastructure:
- The Virar–Alibaug corridor, Atal Setu, Navi Mumbai International Airport, and the Vashi bridge will make access seamless.
- A Ro-Ro service to Revdanda jetty, just 5 minutes away, and a captive jetty being developed by Hiranandani, promise better sea connectivity.
These upgrades are expected to make Alibaug as accessible as Mumbai suburbs while retaining its coastal charm.
IPO on the Horizon?
When asked about taking the company public, Niranjan Hiranandani said an IPO is under consideration, though no formal discussions with bankers or investors have started yet. If pursued, the process could take six to nine months.
Alibaug’s Real Estate Boom
Alibaug is fast becoming the “Goa of the West Coast,” attracting top developers and celebrities alike:
- Emaar India is developing 84 ultra-luxury villas priced between ₹9–15 crore.
- Oberoi Realty haHiranandani launches ₹17,000-cr Alibaug township with villas, branded homes & 5-star hotels, redefining coastal living. Read why it’s a game-changer!s acquired 81 acres for a luxury hotel and branded villas.
- Lodha Developers, House of Abhinandan Lodha, Mahindra Lifespaces, and others are also betting big on the region.
- Bollywood celebrities including Amitabh Bachchan, Suhana Khan, Kriti Sanon, and Kartik Aaryan have also chosen Alibaug as their second home destination.
Hiranandani’s Legacy
With landmark townships already operational in Powai, Panvel, and Oragadam (Chennai), the group has delivered over 50 million sq ft of real estate in residential, commercial, industrial, and logistics sectors. Hiranandani Sands is now positioned as its flagship project to redefine coastal living in India.
