Alibaug Emerge as Hotspot for Real Estate Investments
Located in Raigad district, Alibaug is rapidly gaining popularity as a preferred destination for real estate and second-home investments. Recent data from the Inspector General of Registration (IGR), Maharashtra, reveals a significant surge in property registrations and stamp duty collections over the last two financial years.
Sharp Rise in Registered Documents and Stamp Duty Collections
- 35% Growth in Registered Documents: Data from the joint sub-registrar (SRO) office in Alibaug shows a 35% increase in registered documents, rising from 11,956 in FY 2024–25 to 16,096 in FY 2025–26.
- Stamp Duty Collections: Stamp duty collections increased from Rs448.93 crore to Rs462.26 crore during the same period, reflecting sustained investor interest in the coastal town.
- Registration Fees: Registration fees rose from Rs15.34 crore to Rs17.46 crore.
Conveyance Deeds Account for Highest Share of Transaction Categories
- Conveyance Registrations: Conveyance registrations increased from 3,004 to 3,405, while stamp duty collections crossed Rs213.81 crore in FY 2025-26.
Industry Experts Attribute Growth to Improved Connectivity and Rising Demand for Luxury Villas
Industry experts attribute the growth to improved connectivity, rising demand for luxury villas and second homes, and strong interest from high-net-worth individuals seeking alternatives to Mumbai's space constraints.
Major Developers Enter Alibaug Market
- House of Hiranandani: The company has entered the market with luxury villas and plotted developments.
- Macrotech Developers: The developer has also entered the market with luxury villas and plotted developments.
- Peninsula Land: The company has acquired 11 acres near Mandwa Jetty and plans 90-95 exclusive plots.
- The House of Abhinandan Lodha: The developer has built a strong presence with 20-acre-plus premium projects.
Investors Shift Toward Custom-Built Homes
Experts said Mumbai's land constraints are pushing investors toward Alibaug for villas and custom-built homes. "Investors are now moving to Alibaug to buy land parcels and construct homes of their choice," they said.
Infrastructure Projects Enhance Connectivity
Infrastructure projects such as the Mumbai Trans Harbour Link and coastal connectivity upgrades have reduced travel time. Upcoming works like the Revas-Karanja bridge are expected to cut travel time further to about 30 minutes.