Hiranandani Unveils Rs 17,000 Crore Coastal Township in Alibaug
September 29, 2025: Dr. Niranjan Hiranandani, a prominent figure in the real estate sector, has announced the launch of 'Hiranandani Sands,' India’s largest coastal destination township. This ambitious project, located in Alibaug, near Mumbai, is estimated to generate a revenue of Rs 17,000 crore. Spanning 225 acres, Hiranandani Sands is envisioned as an extension of Mumbai’s lifestyle, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments designed to cater to affluent buyers globally.
The township will be Alibaug’s first private township, offering residents a unique living experience with personal beachfront access and a private jetty. The development will include a curated portfolio of five hotels across luxury, business, and leisure segments, ensuring a world-class hospitality experience. Additionally, the township will feature a mega convention center, an eco-wellness hub, a thriving wedding destination, beachside entertainment, and a global-style yacht club, collectively elevating the coastal living experience.
Hiranandani Sands is designed with sustainability in mind. The township includes 27 acres of reserve forest with over 7,000 trees and is in close proximity to 100 acres of natural wetlands. The project is expected to be a catalyst for Alibaug’s real estate transformation, supported by improving last-mile connectivity and year-round access via sea, road, rail, and air. Upcoming mega infrastructure projects, such as the Ro-Ro ferry extension from Mumbai’s Ferry Wharf to Revdanda, the proposed Radio Club Jetty at Colaba, the Karanje–Rewas Sea Bridge, the Virar–Alibaug Multimodal Corridor, and the Navi Mumbai International Airport, will further strengthen links from Mumbai, MMR, and Navi Mumbai.
Niranjan Hiranandani, founder and managing director of Hiranandani Communities, stated, “Hiranandani Sands is envisioned as a catalyst for Alibaug’s real estate transformation. The township will appeal to domestic and NRI investors, HNIs, and UHNIs seeking premium coastal living, further supported by Integrated Township Project (ITP) incentives such as a 50% stamp duty concession.”
The first phase of the township spans 3.3 lakh sqft, comprising three residential towers with 330 units. All units were sold out at launch, offering configurations including Studio, 1, 2, and 3 BHK apartments priced from Rs 80 lakh for studios to Rs 2.85 crore for premium 3 BHK residences with sea and hill views. This RERA-approved development recorded a strong gross sales topline of Rs 450 crore at launch, reaffirming Alibaug’s growing appeal as a prime coastal real estate destination.
The Government of Maharashtra’s focus on enhancing connectivity to Alibaug is laying a strong foundation for its transformation into a sustainable tourism and lifestyle-led real estate hub. These upgrades are expected to significantly increase foot traffic and investments, firmly positioning Alibaug as a major growth corridor across the Mumbai harbour.
