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Commercial Properties Under 4 Crore for sale in Mumbai Goa Highway Alibaug, Mumbai
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About Properties In Mumbai Goa Highway, Alibaug, Mumbai for Sale
Overview of Alibaug
- Alibaug is a coastal town and is part of the larger Metropolitan Region.
- It is also a municipal council in the Raigad district of Maharashtra, India.
- Alibaug is a popular real estate location with growing housing demand.
- It primarily offers a mix of luxury properties and second-home properties. This attracts celebrities, NRIs, and high-income individuals.
- Alibaug is famous for its beautiful beaches, serene climate, and historic forts. Thus, it is widely known as a tourist destination.
- The locality is well-connected to and other parts of Maharashtra.
- The growing infrastructure, connectivity, and tourism are expected to further boost the appeal of this location.
- The PIN Code for Alibaug is 402201.
Alibaug Residential Market Insights
- Alibaug is becoming a popular real estate destination due to increasing demand and rapidly improving infrastructure.
- The average price for a property in Alibaug can be anywhere between ₹ 3,600 per sq. ft. - ₹ 20,000 per sq. ft.
- The average price of 1 BHK flat in Alibaug can range from ₹ 21 lakh to ₹ 1 crore.
- The average price of 2 BHK flat in Alibaug can range from ₹ 30 lakh to ₹ 4 crore.
- The average price of 3 BHK flat in Alibaug ranges from ₹ 40 lakh to ₹ 10 crore.
- The average price of 4 BHK flat in Alibaug ranges from ₹ 85 lakh to ₹ 30 crore.
- The final price for a property will highly depend on various factors like the type of property, total square feet, and precise location.
- The price of an Independent House in Alibaug will cost more than an apartment. It can start from ₹ 60 lakh and go up to ₹ 1 crore or even more.
- The average cost of Villa in Alibaug can potentially be ₹ 10,035 per sq. ft. or even more.
- However, Alibaug is costly for those seeking properties with luxury amenities and a high-end lifestyle. Then, the cost may go beyond the estimated ranges.
- The most expensive property in Alibaug can go up to ₹ 48,000 per sq. ft.
- With its pleasant coastal climate and desirable luxury properties, Alibaug has become a significant attraction for both end-users and investors.
- The real estate market of Alibaug is mainly driven by investors, either those looking for second homes or lucrative rental income. Besides this, many also desire to buy plots/lands.
Connectivity and Transportation In Alibaug
- Pen Station and Panvel Station are the closest railway from Alibaug.
- Railway trains from and Pune are available at these stations. This provides easy local transport to Alibaug.
- To travel from Pune to Alibaug, you can get down at Pen Station or Panvel Station. Further, you can catch a taxi or rent a car to Alibaug. However, to travel from to Alibaug, the fastest way is to take a ferry from the Gateway of India to Mandwa. Further, continue with a bus or auto-rickshaw.
- Other railway stations near Alibaug are Hamrapur Railway Station and Kasu Railway Station.
- National Highway-166A, Alibag-Pen Road, Revdanda Road, etc., are some of the key roadways offering transportation in Alibaug.
- Alibaug is well-connected to via Ferries. The M2M ferry also allows the transport of the traveller’s vehicles.
- Local taxis and Auto-rickshaws are readily available for travel within Alibaug, allowing easy reach to nearby areas.
- Rental Cars and Bikes are available and help you to travel the town at your own pace.
- State transport buses also operate in Alibaug and connect to nearby towns.
Social Infrastructure In Alibaug
- Reputed hospitals like Dr. Saroj Tamboli Memorial Hospital, Jagadale Hospital, and Dhamankar Hospital provide medical facilities in Alibaug.
- Prestigious educational institutions like Mount Carmel Pre-School, St Mary's Convent School, K. E. S. English Medium School College of Hotel Management, CHK Homoeopathic Medical College, etc.
- Markets and Shopping Centers such as Smart Raigad Bazar, Alibaug Market, Chetna Super Market, etc help locals with their shopping needs.
- Good restaurants in Alibaug are Kasturi Restaurant, New Hotel Sanman Fine Dine Restaurant, Suruchi Restaurant, etc.
- Hotels in Alibaug that offer comfortable stays are Hotel Maple Ivy, Gold Stays Hotel, Acons Palm Beach Hotel, and Starlight Resort Alibag.
- The Royal Ascot Holiday Home, Lotus The Lakeview Resort, and Jimmy Beach Resort are some luxury resorts in Alibaug.
Employment Opportunities In Alibaug
- Tourism is the key industry that drives the economy. It boosts employment opportunities in Alibaug.
- Industries in Alibaug include Industrial Product Manufacturing, Electronic Goods, Chemical Manufacturing, Steel and Petrochemical Plants.
- District Industries Centre is located in Alibaug, influencing employment growth.
- Commercial companies in Alibaug include BridgeUp Tech, Jog Infrastructures, Digi-Trekkers Techsolutions, Briidea Innoventures LLP, etc.
- JSW Plant is another big employment hub located in Dolvi, Pen. It is reachable within 40 minutes from Alibaug via bus.
- With the rapid developments, various commercial zones are coming up in Alibaug with an aim of boosting employment.
Lifestyle In Alibaug
- Alibaug offers a pleasant and luxurious lifestyle with a peaceful ambience.
- It comprises every essential facility and daily necessities within easy access, providing comfortable living.
- Improving connectivity and infrastructure ensures convenience in this locality.
- There are many tourist attractions in Alibaugs including beaches and forts.
- Well-known Beaches in Alibaug include Alibaug Beach, Pirwadi Beach, Varsoli Beach, Nagaon Beach, Kashid Beach, Mandwa Beach, etc.
- Forts in Alibaug are Kolaba Fort, Korlai Fort, and Island Fort.
- There are a variety of properties available in Alibaug, catering to the diverse needs of tourists and residents. This offers living convenience to both locals and tourists.
Safety and Security In Alibaug
- Alibaug is a peaceful and safe locality with proper civic facilities.
- Police stations in Alibaug are within reach, assuring safety to the locals.
- Police patrolling is conducted to ensure security is nicely maintained.
Development and Future Prospects In Alibaug
- The planned railway connectivity between Alibaug is expected to boost the real estate market significantly in Alibaug.
- The Civic authorities have also planned 2 large industrial complexes here, increasing the employment opportunities for the locals.
- Various infrastructure developments are planned like roads, railways, modern amenities and facilities.
- Several residential projects and luxury properties are upcoming in Alibaug to match the increasing demand.
Cultural and Community In Alibaug
- Alibaug has historical and cultural importance.
- There are many religious places in Alibaug, including Kankeshwar Temple, Khandoba Mandir, The Birla Temple, Sri Dutta Mandir, Fulai Devi Mandir, and more.
Environmental Factors In Alibaug
- There is an abundance of greenery in Alibaug, offering a good environment.
- The locality has clean air, lush greenery, and pristine beaches, providing a beautiful living experience.
- There are several gardens and parks in Alibaug contributing to the greenbelt of the locality.
- The air quality in Alibaug is moderate, especially considering the ongoing developments.
Flat Configuration In Alibaug
- Alibaug offers flat configurations of 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 4+ BHK Villas.
- Besides apartments, there are a variety of properties available in Alibaug such as Luxury Villas, Independent Houses, Farmhouses, and Land.
- 1 BHK and 2 BHK are the most preferred configurations of apartments in Alibaug.
- Besides, the majority of people prefer buying a second home/ vacation home in Alibaug as both an investment and retreat for themselves.
Property Price Growth In Alibaug
- Properties in Alibaug have experienced an average YOY price growth of 13%.
- Overall, the property values have increased by 30% approx in the last 30 years.
- The emerging big developments in Alibaug are expected to result in continued price growth in this locality.
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