Hiranandani Launches Integrated township in Alibaug with Estimated Topline of ₹17,000 Crore

Mumbai, September 29, 2025: Dr. Niranjan Hiranandani-led Hiranandani Communities has announced the launch of India’s largest coastal destination township named as ‘Hiranandani Sands’ with an estimated revenue projection of INR 17,000 crore at Alibaug near Mumbai in Maharashtra.

Spanning 225 acres, the township is envisioned as Mumbai’s lifestyle extension hub, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments. It will be Alibaug’s first private township, offering residents a personal beachfront and private jetty access.

The township will include a curated portfolio of five hotels across luxury, business, and leisure segments, delivering a world-class hospitality experience. Additionally, a mega convention centre, an eco-wellness hub, a thriving wedding destination, beachside entertainment, and a global-style yacht club will collectively elevate the coastal living experience. The company will commence one of the biggest water sports hubs at Alibaug by year end. Designed with a sustainability-first approach, Hiranandani Sands township features 27 acres of reserve forest with more than 7,000 trees afforested and enjoys proximity to 100 acres of natural wetlands.

“Hiranandani Sands is envisioned as a catalyst for Alibaug’s real estate transformation, supported by improving last-mile connectivity and year-round access via sea, road, rail, and air. Upcoming mega infrastructure projects will further strengthen links from Mumbai, MMR, and Navi Mumbai, positioning Alibaug as tomorrow’s preferred first-home destination. With rising demand for luxury homes, the township will appeal to domestic and NRI investors, HNIs, and UHNIs seeking premium coastal living, further supported by Integrated Township Project (ITP) incentives such as a 50% stamp duty concession,” said Dr. Niranjan Hiranandani, Founder & Managing Director, Hiranandani Communities.

The first phase of the township spans 3.3 lakh square feet, comprising three residential towers with 330 units, all of which were sold out at launch. Configurations include Studio, 1, 2, and 3 BHK apartments, priced from INR 80 lakh for studios to INR 2.85 crore for premium 3 BHK residences with sea and hill views. This RERA-approved development recorded strong gross sales topline of INR 450 crore at launch, reaffirming Alibaug’s growing appeal as a prime coastal real estate destination.

The Government of Maharashtra’s focus on enhancing connectivity to Alibaug is laying a strong foundation for its transformation into a sustainable tourism and lifestyle-led real estate hub. Key projects include the extension of the Ro-Ro ferry from Mumbai’s Ferry Wharf to Revdanda, the proposed Radio Club Jetty at Colaba, the Karanje–Rewas Sea Bridge, the Virar–Alibaug Multimodal Corridor, along with Atal Setu and the Navi Mumbai International Airport. These upgrades are expected to significantly increase footfalls and investments, firmly positioning Alibaug as a major growth corridor across the Mumbai harbour.