Tag: Alibaug

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Alta Capital Invests $100M in Isprava’s Luxury Homes

Representative AI image The Isprava Group, a key player in Goa’s luxury real estate market, is nearing a significant Rs 850-crore ($100 million) investment from Alta Capital, marking the largest fundraising effort in the company’s nine-year history, according to sources familiar with the deal. This investment, encompassing both primary and secondary shares, aims to facilitate the company’s expansion in coveted vacation spots like Goa, Alibaug, Karjat, and Kasauli. It will also enable Isprava to introduce international offerings for its affluent clientele and provide exits to some previous high-net-worth investors. Once finalized in the coming weeks, Alta Capital will ascend to…

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Amitabh Bachchan Acquires Three Land Parcels in Alibaug

Bollywood actor Amitabh Bachchan has recently purchased three adjacent parcels of land in Alibaug, a coastal town near Mumbai, to construct a luxurious villa known for its scenic sea views and celebrity ownership. The combined size of the parcels is a quarter of an acre, with the actor reportedly spending around Rs 10 crore on the acquisition, which was officially registered on Tuesday. The esteemed actor acquired the plots from HOABL Landbuild and paid a total stamp duty of approximately Rs 40 lakhs for the three distinct transactions, according to documents from the real estate analytics firm CRE Matrix. In…

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Hiranandani Group Unveils 225-Acre Township in Alibaug

NEW DELHI: Hiranandani Communities has unveiled its latest township project, Hiranandani Sands, spanning over 225 acres in Alibaug, Maharashtra. This initiative anticipates generating revenue projections of ₹17,000 crore. The initial phase covers 3.3 lakh sq ft and includes three residential towers with 330 units, featuring studio, 1, 2, and 3 BHK apartments. Prices start from ₹80 lakh for studios and go up to ₹2.85 crore for high-end 3 BHK homes. The launch of the project saw gross sales reaching ₹450 crore. The township will comprise residential homes, villas, plotted developments, and branded serviced apartments, along with five hotels, a convention…

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Kartik Aaryan Invests in 2,000 Sq Ft Plot in Alibaug

Bollywood actor Kartik Aaryan has made his first investment in land by acquiring a 2,000 sq. ft. plot in a coastal development project in Alibaug, located near Mumbai, from The House of Abhinandan Lodha (HoABL). Launched in April 2023, the project has attracted contributions from corporate leaders, business figures, and celebrities. Aaryan is now among the prominent buyers in HoABL initiatives across Ayodhya, Vrindavan, and Goa, as stated by the company. “Alibaug has become a highly sought-after investment spot close to Mumbai, and I intend to build my own home there. This is my first land investment,” Kartik Aaryan remarked.…

IndustryLatest Stories

Peninsula Land Purchases Land in Alibaug and Karjat

Representative image created by AI NEW DELHI: Peninsula Land, a part of the Ashok Piramal Group, has successfully acquired two land parcels—11 acres in Sogaon, Alibaug and approximately 29 acres in Bhilawale, Karjat. Rajeev Piramal, CEO and Managing Director of the company, stated, “This is the initial deployment of capital from our real estate platform and underscores our commitment to expanding our plotted development business.” Recently, the company established a real estate development platform worth INR 765 crore through a partnership with investors Alpha Alternatives and Delta Corp. Published On Jul 10, 2025 at 03:28 PM IST Join the community…