Niranjan Hiranandani
| Photo Credit: Special Arrangement
Hiranandani Communities led by real estate developer Niranjan Hiranandani unveiled ‘Hiranandani Sands’, a township in the coastal town of Alibaug, near Mumbai.
With an estimated revenue projection of ₹17,000 crore over a period of 10 years, this development featuring luxury homes, signature villas, plotted developments, and branded serviced apartments and designed to cater to the affluent buyers globally is coming up on 225 acre land.
It will be Alibaug’s first private township, offering residents a personal beachfront and private jetty access to offer luxury living experience, the company said.
The township will include a portfolio of five hotels across luxury in business and leisure segments, a mega convention centre, an eco-wellness hub, beachside entertainment, and a global-style yacht club. The company said it will commence one of the biggest water sports hubs at Alibaug by year end.
The township will have 27 acre of reserve forest with more than 7,000 trees afforested. It is located close to natural wetlands spanning 100 acre.
“With rising demand for luxury homes, 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,” said Niranjan Hiranandani, Founder & Managing Director, Hiranandani Communities.
The first phase of the township spans 3.3 lakh sq. ft., comprising three residential towers with 330 units, all of which have been sold out at launch, he said.
Configurations include Studio, 1, 2, and 3 BHK apartments, priced from ₹80 lakh for studios to ₹2.85 crore for premium 3 BHK residences with sea and hill views. This RERA-approved project had recorded gross sales topline of ₹450 crore at launch, the company said.
Published – September 29, 2025 09:13 pm IST
