Anurang Jain of Bajaj Family Acquires Luxurious Alibaug Villa for Rs 38.15 Crore
In a significant real estate move, Anurang Jain, the promoter of Endurance Technologies and nephew of the late Bajaj Group patriarch Rahul Bajaj, has purchased a luxurious villa in Alibaug for Rs 38.15 crore, reflecting the family's continued dominance in India's premium real estate market.
Real EstateLuxury PropertyAlibaugBajaj FamilyAnurang JainReal Estate NewsOct 05, 2025
The mansion is part of the Alibaug Townhouses project, also known as Lodha Alibaug, a massive 100-acre integrated township. Spanning over 5,600 square feet, the villa includes four parking spots, showcasing the opulence of these developments. According to Maharashtra’s property regulations, Jain had to pay a registration fee of Rs 30,000 and stamp duty of Rs 1.33 crore. The Lodha Alibaug township project is still under construction and is expected to be completed by August 2029, offering upscale amenities designed for affluent buyers.
Growing Demand for Coastal Luxury Homes:
The demand for premium real estate in Alibaug, located close to Mumbai, has surged significantly in recent years among celebrities and ultra-high net worth families. Known for its beautiful beaches and serene setting, Alibaug has become a popular destination for both permanent homes and weekend retreats for Mumbai’s elite. Improved connectivity via highways, expressways, and ferry services has further enhanced the area’s appeal to investors and homebuyers. Market observers predict that Jain’s acquisition will boost demand for premium real estate in the area, influencing future construction and property values.
In response to this trend, major developers have created custom homes with large floor plans, private pools, beautifully landscaped gardens, and cutting-edge security. Jain’s recent acquisition continues a trend of prominent business families investing in real estate, solidifying Alibaug’s status as a premium real estate destination. The deal further cements the Bajaj family’s reputation as significant real estate innovators, reflecting their practice of investing in both urban and recreational properties.
Details of the Transaction and Industry Impact:
Jain’s deal was registered on September 23, 2025, marking one of Alibaug’s most notable luxury property sales this year. The Maharashtra government’s provisions for integrated township projects allowed Jain to benefit from a 50% concession on stamp duty for the first agreement made under the project. The property’s developer, Lodha Group, is renowned for creating upscale, lifestyle-oriented projects across India.
This deal follows Jain’s purchase of a Rs 130-crore home in 2024 on Kautilya Marg in New Delhi, highlighting his interest in premium real estate in the country’s major cities and resort areas. Experts anticipate that properties in this class will continue to appreciate as more affluent individuals move to Alibaug and other coastal towns. Market analysts expect that Jain’s investment will inspire other wealthy buyers to reconsider luxury escapes along India’s coast, while encouraging developers to launch more ultra-premium projects. In the coming years, Alibaug’s rise as one of India’s top destinations for luxury real estate is expected to be sustained by this positive trend.
Bajaj Family’s Real Estate Legacy:
India’s luxury real estate market has long been shaped by the Bajaj family’s real estate dealings. Known for their affluent lifestyle and industrial achievements, the family continues to make wise real estate investments in cities and resort areas across the country. Recent transactions, such as Anurang Jain’s acquisition of a home in Alibaug, further strengthen their standing as a company that values privacy, exclusivity, and long-term appreciation in desirable areas. In 2025 and beyond, India’s coastal luxury house market is expected to grow and gain prestige due to the continued interest of wealthy families and corporate executives.
Frequently Asked Questions
Who is Anurang Jain?
Anurang Jain is the promoter of Endurance Technologies and the nephew of the late Bajaj Group patriarch Rahul Bajaj. He is a prominent entrepreneur known for his significant real estate investments.
What is the significance of the Alibaug Townhouses project?
The Alibaug Townhouses project, also known as Lodha Alibaug, is a 100-acre integrated township that includes luxury villas and upscale amenities. It is a major real estate development by Lodha Developers Ltd.
Why is Alibaug becoming a popular destination for luxury real estate?
Alibaug is gaining popularity due to its beautiful beaches, serene setting, and improved connectivity via highways, expressways, and ferry services. It is a favored destination for both permanent homes and weekend retreats for Mumbai’s elite.
What are the benefits of integrated township projects in Maharashtra?
Integrated township projects in Maharashtra offer benefits such as a 50% concession on stamp duty for the first agreement made under the project. These projects also provide upscale amenities and a high standard of living.
How does the Bajaj family's real estate legacy impact the market?
The Bajaj family’s real estate legacy impacts the market by setting trends and standards in luxury real estate. Their investments in desirable areas and high-end properties influence other wealthy buyers and developers, driving the growth and prestige of the market.
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