Tag: Alibaug

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Hiranandani Group targets 15–20% growth in FY26; to launch new township in Alibaug

NEW DELHI: Hiranandani Group is aiming for a 15–20% growth in the financial year 2025-26, backed by new launches, redevelopment activity, and ongoing platform developments. Speaking exclusively to ETRealty, Niranjan Hiranandani, chairman of the company said that they will launch a 225-acre hospitality-focused township project in Alibaug by September 2025, featuring villas, plots, serviced apartments, water sports, and multiple hotels. The group will also launch four redevelopment projects in the current financial year, of which two are expected to start soon, with additional ongoing activity in Chennai and Bengaluru. Hiranandani said the real estate market continues to witness consolidation, with…

Infrastructure

Villages in Mumbai region set for urban makeover under MMRDA blueprint

MMRDA has begun preparing a Development Plan (DP) for Alibaug and parts of Pen, Panvel and Khalapur — areas now integrated into the Mumbai Metropolitan Region (MMR). The move aims to transform the largely rural belt into an urban extension of Mumbai, with industrial clusters, residential zones, and tourism infrastructure. A major highlight is a Rs 325-crore road improvement project across 10 villages, with 10 major stretches set for concretisation. Work worth Rs 251 crore under three packages is already tendered, with a completion timeline of 24 months. While demographic surveys and infrastructure studies are ongoing, the draft DP will…