Mumbai: Alibaug Emerging As Hotspot & Favorite Destination For NRIs Investing In Real Estate

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  • 14/12/2023
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Mumbai: Alibaug Emerging As Hotspot & Favorite Destination For NRIs Investing In Real Estate

Source: Free Press Journal

Expats from the Gulf Region are now looking to invest in Holiday Homes in Alibaug in anticipation of growing demand and future capital appreciation offered by these assets for investors.

Mumbai: With connectivity in the Mumbai Metropolitan Region all set to increase manifold thanks to the Mumbai Trans Harbour Link (MTHL), Alibaug which is situated just a few hours away from Mumbai is fast emerging as a hotspot for NRI real estate investments.

Expats from the Gulf Region are now looking to invest in Holiday Homes in Alibaug in anticipation of growing demand and future capital appreciation offered by these assets for investors.

Take the case of Dubai based couple, Vaishali and Vishal Sawant who recently purchased a holiday home in ‘Balibaug’, in Alibaug. They say they couldn’t have made a better investment elsewhere.

“Alibaug’s development is remarkable; increased connectivity promises to transform it into a prime investment destination. The economic advantage of investing in India is evident, offering cost-effective opportunities compared to global markets”.

Similarly Pardeep Sharma & Nupoor Bharadwaj, another Dubai-based couple who also invested in Alibaug recently believe that they have made a very smart investment because their holiday home will double up as an exotic getaway plus reap in financial benefits in the form of rentals when they choose to lease out the space.

"Purchasing this Bali-themed holiday home has been a dream come true for us. The serene atmosphere and exotic vibes of Alibaug will make every stay feel like a tropical getaway. Not only will we get to enjoy our own private paradise, but the return on investment too has exceeded our expectations. The popularity of the Bali theme will attract vacationers, leading to a steady stream of rental income. It's not just a home; it's a smart investment that brings both relaxation and financial benefits”, they say.

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