Alibaug
Alibaug is a picturesque coastal town in Maharashtra, popular for its pristine beaches, ancient forts, and lush greenery.
About the location
Overview
Alibaug is a historic maritime town that thrived under the reign of Shivaji Maharaj. Geographically, it's located just south of Mumbai and is known for its beautiful coastline along the Arabian Sea. The town holds significant importance as it's a popular weekend getaway for people in Mumbai and Pune due to its tranquil environment and rich heritage.
The Lifestyle
Alibaug exhibits a laid-back and relaxed lifestyle, with a community predominantly composed of locals, fishermen, and city-dwellers seeking a serene retreat. The town is also known for its vibrant cultural scene with multiple festivals celebrated throughout the year.
Attributes
Coastal Beauty | Rich Heritage | Lush Greenery | Laid-Back Lifestyle | Seafood Cuisine | Proximity to Major Cities
You're sure to adore
Alibaug's unspoiled beaches, historical forts, and the tranquility it offers away from city hustle make it a delightful escape. The local cuisine, especially the seafood, is something that food lovers would absolutely adore.
The Market
The real estate market in Alibaug has seen substantial growth in recent years, with property prices ranging from INR 5,000-20,000 per sq. ft. The growth is driven by the increasing demand for second homes and weekend retreats from urban dwellers.
Connectivity
Airport
Nearest airport is Chhatrapati Shivaji Maharaj International Airport, Mumbai, approximately 110 km away.
Bus
Alibaug is well connected with Mumbai and other nearby cities through state-run and private buses.
Train
Nearest railway station is Panvel, about 60 km from Alibaug.
Road
It is connected via the Mumbai-Goa Highway (NH 66) and also through ferry services from Mumbai.
Social Infrastructure
Educational Institutions
Alibaug has several reputed educational institutions including R. Z. School and Dr. Patangrao Kadam College. The town also has well-equipped hospitals such as Civil Hospital Alibaug and Laxminarayan Hospital.
Hospitals
Key hospitals include Alibaug Civil Hospital and Mahesh Multi Speciality Hospital.
Crime Rate
Alibaug has a relatively low crime rate with the majority of cases related to petty thefts and minor disputes, making it a safe destination for visitors and residents alike.
Geography
Soil
The soil is coastal and sandy, suitable for coconut and betel nut trees.
Topography
Alibaug is a coastal town with sandy beaches, surrounded by hills and forest.
Altitude
It is situated at sea level.
Flora & Fauna
Rich in coconut trees, mango groves, and various sea birds.
Climate
Season at a Glance
Best visited during winter (November to February). Monsoon (June to September) sees heavy rainfall.
Rainfall
It has heavy monsoon rainfall, averaging around 3500 mm annually.
Temperature
The temperature varies from 14°C in winter to 38°C in summer.
Real Estate Trends
Rental Yield
4-5% annual yield for residential properties.
Capital Appreciation
Property prices have seen a moderate appreciation of 2-3% annually in recent years.
Average Price per sq.ft
Residential property prices range from INR 3,500 to 5,000 per sq.ft.
Demand & Supply Dynamics
Demand is driven by Mumbai residents seeking weekend homes. Supply is moderate with new developments focusing on villas and apartments.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Over 300 Airbnb listings, mostly private villas and apartments.
Revenue Potential
Average daily rate for Airbnb listings is about INR 5000.
Occupancy Rate
Peak occupancy is observed during weekends and holiday seasons, with an average rate of 60-70% annually.
ADR
The average daily rate for a hotel room ranges from INR 2000 to 5000, depending on the season and type of accommodation.
RevPar
The Revenue Per Available Room is around INR 3000 during peak season.
Investment Guide
1. Investing in beachfront properties can provide high returns due to growing demand.
2. Consider properties near tourist spots for better rental income.
3. With the upcoming Mumbai-Alibaug ferry service, properties in Alibaug are expected to appreciate significantly.
Places to Visit
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