Celebrity couple Virat Kohli and Anushka Sharma have bought a large land parcel in Alibaug, Maharashtra. The two plots purchased are next to each other and total over 5.19 acres in size. These two plots of land were purchased for an estimated Rs 37.86 crore and are in the Zirad village of Raigad district.
In 2022, the couple had purchased a plot of land measuring approximately 8 acres in Alibaug to build a farmhouse on. Their latest purchase was registered on Tuesday (January 13).
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Over the past years, Alibaug has gained popularity as a second-home location due to its close proximity to Mumbai. Moreover, Alibaug offers peace from the hustle and bustle of city life and is a unique combination of natural beauty and strong economic potential. Several other actors, including Shah Rukh Khan, Deepika Padukone and Ranveer Singh own properties here.
So what is it that's making people come to Alibaug? Here's an insight:
Seamless connectivity to Mumbai
With widespread improvements to Alibaug’s infrastructure and transportation options, visitors have much less trouble reaching this location than before. The Ro-Ro ferry service as well as speedboats and larger expressways have remarkably shortened the amount of time needed to travel from Mumbai to Alibaug. The new coastal road and Atal Setu projects are set to improve the convenience of getting to Alibaug.
Alibaug's white onion & Alphonso mangoes
On September 29, 2021, the white onion of Alibaug was awarded the Geographical Indication (GI) status tag. Now, the name 'Alibaug white onion' is exclusive to the onion grown here. The onion has a unique sweet taste and most importantly, it gives no tears besides offering medicinal properties. Apart from this, Alibaug is also famous for its incredibly sweet Alphonso mangoes. The fertile soil and ideal climate of the region gives these mangoes their unique and authentic taste.
Soaring rental potential
Alibaug has a consistently growing real estate market, with many ways to earn quick cash flow from your property via the monthly rental market as well as short-term vacation rentals like Airbnb. With steady growth in residential property values over the past few years, real estate investors get rewarded with both immediate and higher future profits when they purchase residential investment properties (REI) in Alibaug.
Rich heritage & rustic charm
Investing in real estate in Alibaug represents an opportunity to enhance the quality of living scenic beauty. Here, there's everything from an ocean resort to beautiful beaches, wonderful art cafés, historical forts and a lifestyle that fosters a culture of relaxation and serenity. Investing in a home in Alibaug comes with the benefits of being surrounded by these great amenities. Furthermore, the historical and cultural significance of Alibaug will create lasting values.
Getting back to nature
Alibaug is renowned for its golden sands and lush greenery, making it a perfect getaway for those seeking tranquility and becoming one with nature. It has clean beaches and there is limited construction due to Coastal Regulation Zone (CRZ) Rules. Alibaug is now become a beyond the weekend destination and more of a place where people are greeted with tranquility and eye-soothing greens.