Anurang Jain Acquires Luxury Villa in Alibaug: A Coastal Gem Near Mumbai
Anurang Jain, the nephew of the late Rahul Bajaj, has purchased a luxury villa in the coastal town of Alibaug, near Mumbai, for ₹38.15 crore. The villa, situated in the Lodha Alibaug project, is a testament to the growing real estate market in this picturesque town.
AlibaugReal EstateLuxury VillaMumbaiAnurang JainReal Estate MumbaiSep 30, 2025
The villa is located in the Alibaug Townhouses project, also known as Lodha Alibaug, an integrated township spanning 100 acres. The property measures over 5,600 square feet and comes with four car parking spaces. The transaction was registered on September 23, 2025, with a stamp duty of ₹1.33 crore and a registration fee of ₹30,000, as per the property registration documents.
The stamp duty paid was 3.5% of the transaction value, reflecting a 50% concession for the first agreement under the Integrated Township Project, as per government orders. The Lodha Alibaug project is currently under construction, with the Maharashtra RERA completion deadline set for August 31, 2029.
Anurang Jain, a prominent figure in the auto components industry, has been in the news for previous real estate acquisitions. In 2024, he purchased a 1,350-square-foot corner bungalow in New Delhi's Kautilya Marg for ₹130 crores, paying a stamp duty of ₹8.32 crore.
Alibaug, a coastal town around a three-hour drive from Mumbai and a two-hour drive from South Mumbai, has become a popular destination for luxury real estate. The town can also be reached using the Ro-Ro ferry in under an hour from South Mumbai. Over the past few years, Alibaug has seen significant real estate development, attracting both local and international investors.
In 2024, Emaar India announced plans to foray into Alibaug, aiming to build 84 villas spread across a 25-acre parcel, with each villa priced between ₹9 crore and ₹15 crore. Oberoi Realty has also acquired 81 acres of land in Alibaug, planning to develop a luxury hotel and branded residence villas.
Hiranandani Communities, led by Niranjan Hiranandani, has announced the launch of the first phase of its 225-acre integrated township project, Hiranandani Sands, in Alibaug. The company is investing ₹5,000 crore in the project, which has an estimated gross development value (GDV) of ₹17,000 crore.
Alibaug is not only a haven for real estate investors but also a popular retreat for Bollywood celebrities. Notable residents include Amitabh Bachchan, Shah Rukh Khan’s daughter Suhana Khan, actor Kriti Sanon, and Kartik Aaryan, among others. The town's scenic beauty and proximity to Mumbai make it an ideal location for second homes and weekend getaways.
The growing interest in Alibaug's real estate market highlights its potential as a prime location for luxury living and investment. With ongoing developments and increasing popularity, Alibaug is poised to become a significant player in the real estate sector.
Frequently Asked Questions
Who is Anurang Jain?
Anurang Jain is the nephew of the late Rahul Bajaj and the promoter of Endurance Technologies, an auto components firm. He has made significant real estate investments, including a luxury villa in Alibaug and a bungalow in New Delhi.
What is the Lodha Alibaug project?
Lodha Alibaug is an integrated township project spanning 100 acres in Alibaug, a coastal town near Mumbai. The project includes luxury villas and is currently under construction with a completion deadline of August 31, 2029.
How much did Anurang Jain pay for the villa in Alibaug?
Anurang Jain paid ₹38.15 crore for the luxury villa in Alibaug. The transaction was registered on September 23, 2025, with a stamp duty of ₹1.33 crore and a registration fee of ₹30,000.
Why is Alibaug becoming a popular real estate destination?
Alibaug is becoming a popular real estate destination due to its scenic beauty, proximity to Mumbai, and the presence of luxury projects by prominent developers. It is also a favorite retreat for Bollywood celebrities, adding to its appeal.
What other real estate developments are happening in Alibaug?
Other notable developments in Alibaug include Emaar India's plan to build 84 villas, Oberoi Realty's acquisition of 81 acres for a luxury hotel and villa project, and Hiranandani Communities' 225-acre integrated township project, Hiranandani Sands.
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