ALYF forays into Alibaug with the launch of holiday home fractional ownership projects

financialexpress.com:

Having established their presence in the holiday home market of Goa and Lonavala, ALYF has now forayed into Alibaug as their next destination. They commenced their journey in this new location by initiating an apartment project alongside four luxury villas in the initial phase. Additionally, they have signed an MoU valued at Rs 100 crore for projects in the second phase, scheduled for completion within 18 to 24 months.

Talking about the growth potential of this market, Saurabh Vohara, Founder & CEO at ALYF, said, “We’ve maintained a keen interest in Alibaug, foreseeing significant growth over the next 4-5 years. It’s becoming an ideal destination to invest in a holiday home, particularly for Mumbai residents. A quick 20-minute drive gets you onto the Roro, allowing you to bring your vehicle, loved ones, and even your pet along. Besides this accessibility, there’s a substantial demand for short-term rentals in this area, yet the supply falls short, making this location an incredibly lucrative option with high potential for return on investment. ”

“We are excited to announce that our smart ownership investments in Alibaug will be starting from INR 10 lakh per share for apartments and Villa projects starting at Rs 40 to Rs 50 lakh per share, making this real estate segment accessible to a wider audience. The low ticket sizes and high return potential are attracting millennials to purchase their first real estate asset with us,” added Vohara.

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Alibaug stands as an untapped destination brimming with immense potential. From the captivating coastal allure of its beaches to the scenic hills on the island, complemented by historical forts and delectable local