Why Land Rate in Alibag (or Alibaug) is Sky Rocketing?



“TIMETO INVEST IN ALIBAG (OR ALIBAUG) IS NOW”

The name conjures up images of pristine, windy beaches; lush greenery; and the preferred weekend home destination of the rich and the famous. However, in In recent years, this scenic coastal town close to Mumbai has become an increasingly essential real estate investment for the rich and who’s who of Mumbai, seeking a lifestyle living.

Alibag has emerged as a second-home destination for those who wish to escape Mumbai and the destination of a dream house that can build its own “Sapno Ka Mahal”.

Alibag (or Alibaug) has transformed from being a hugely popular weekend getaway for day-trippers from Mumbai; to a ‘must-have’ retreat for HNIs, Industrialists and Film Stars; and now a vacation home for middle-high income home buyers looking to invest in a leisure destination that is still relatively affordable.

One of Alibag (or Alibaug)’s biggest advantages is its proximity to Mumbai – most travellers opt for the 3-hour drive from Mumbai, though the 60-minute ferry ride from the Gateway of India is equally comfortable. Ancient forts, temples, forest areas and multiple beaches further add to the town’s appeal as a tourist destination, together with the local cuisine it is famous for. For those inclined towards sports and adventure, there is scuba diving, snorkelling and sailing to be enjoyed.

The value of land in Alibag (or Alibaug) has appreciated over 12 times in the past decade and now emerge as a lucrative residential real estate destination – particularly for those eyeing investments. Alibag (or Alibaug)h has been a sought-after real estate destination, with prices in most villages in Alibag (or Alibaug) surging nearly 20% to 30% compared to the pre-pandemic levels. Also, the value of land in Alibag (or Alibaug) has appreciated over 12x in the past decade, reflecting the strong demand.



The new RORO service – a 12-month ‘roll on roll off ferry service from Mumbai to Mandwa – is also serving as a catalyst for Mumbaikars to eye potential investments in Alibag (or Alibaug) for residential real estate. “Alibag (or Alibaug) is witnessing a major demand for real estate investments. It gives buyers a sense of space, community and disconnection from the Maximum City. The constantly improving social infrastructure, restaurants, stores and not to miss, serenity and ease to escape is fueling the demand for real estate and land in Alibag (or Alibaug).

Several key infrastructure projects are gathering momentum to connect Mumbai, Navi Mumbai and Alibag (or Alibaug). Moreover, the voice and data services across all villages in Alibag (or Alibaug) are functional, making the Work from Home (WFH) viable, a trend that has caught up since the pandemic started. 


The Gry Area: 

Amongst all the frenzy, many investors have a bitter story to tell. They were left with dealing with a legal mess due to a lack of understanding of Mangroves, HTL, LTL and the environment law made for the protection of marine flora and fauna. In most of the cases, they were left high and dry by their local brokers. 

EPOCH INDIA ADVISOR:

EPOCH INDIA ADVISOR and its team have acquired more than 500 acres of land for various HNI's, industrialists, Bankers and Sportsperson. Epoch has a deep understanding of regulatory and land law, enjoy strong local connects and offers end to end property solutions ranging from Land Selection, Due Diligence, Revenue Record Audit, Registration, Ownership Transfer and Arranging Peaceful Possession.  

For Further Information About Investments, Land and Bungalow Opportunities in Alibag (Or Alibaug) please contact:

EPOCH INDIA ADVISOR

Email: epochadvisor@gmail.com

Phone: +91-999769477

https://www.epochadvisor.com/ 




Comments

Popular posts from this blog

Home loan rates cut by key lender to push housing sale

Amazon, Flipkart lease 1.1 million sq ft warehousing space from Xander

BMC collects Rs 415 crore property tax in 1 day