Alibaug Rises as Prime Resort Home Destination Post MTHL Launch

Alibaug Rises as Prime Resort Home Destination Post MTHL Launch

By Author

Published on January 18, 2024

Mumbai's recently inaugurated Mumbai Trans Harbour Link (MTHL), also known as 'Atal Setu', is not just India's longest sea bridge but a game-changer for Alibaug's real estate market. The 22 km-long bridge significantly shortens the travel time between Mumbai and Alibaug to about 45 minutes, making Alibaug a hot spot for investors looking for resort homes.

A Bridge to New Opportunities

The MTHL is redefining connectivity and accessibility, turning Alibaug into a prime investment location. Improved ferry services add to the ease of reaching this picturesque locale. The bridge, expected to reduce the commute from south Mumbai to Panvel (Raigad) from around 120 minutes to just 20, is not only a time-saver but also a boon for fuel cost savings, reducing pollution and CO2 hazards.

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Alibaug's Rising Appeal

Alibaug, with its natural beauty, sandy beaches, and lush landscapes, has always been a beloved weekend destination for Mumbaikars. Now, with the MTHL, it's fast transforming into an attractive investment hub for resort homes.

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Infrastructure Investments: The Maharashtra government's significant investments in Alibaug's infrastructure, as part of the Alibaug Smart City project, are enhancing the area's appeal. Projects improving public transportation, water supply, and waste management are anticipated to boost the standard of living and stimulate the real estate market growth.

Market Dynamics: A recent survey by Savills India indicates that 29 per cent of respondents are keen to invest in popular second-home destinations in Maharashtra, with Alibaug being a top choice. The survey also notes that properties in Maharashtra offer net yields of 4-6 per cent.

Investor Perspective: Dr Sachin Chopda, Managing Director of Pushpam Group, notes the positive response to their new resort home, Balibaug, in Alibaug. He credits the MTHL and other infrastructure projects in the Mumbai Metropolitan Region (MMR) for the increased demand. He predicts that second-home markets like Alibaug and Karjat could become primary home destinations in the next seven to ten years, thanks to these infrastructural transformations.

Alibaug's Evolving Landscape

The demand for second homes in Alibaug has surged in the last three years, further cementing its status as an ideal investment for holiday homes. The potential for rental management services, offering up to a projected 5 percent rental yield, adds to Alibaug's charm. The real estate market in Alibaug offers a range from economical apartments to luxurious villas, catering to varied budgets and preferences. The consistent rise in property prices marks Alibaug as a stable and less volatile investment option compared to other markets.

The MTHL's Impact

The MTHL, a challenging and significant project executed by the Mumbai Metropolitan Region Development Authority (MMRDA), is more than just a bridge; it's a catalyst for change, driving investments and transforming lifestyles. Its completion heralds a new era for Alibaug, positioning it as one of the most sought-after lifestyle destinations with upcoming hospitals, international schools, and enhanced RO-RO vessels and water taxi services.

In conclusion, the MTHL is not just connecting two geographical points; it's bridging the gap between urban hustle and serene, luxurious living, making Alibaug an irresistible destination for resort home investors.


Cygnett Hotels & Resorts Expands in Uttarakhand with Cygnett Retreat Pangot

Cygnett Hotels & Resorts Expands in Uttarakhand with Cygnett Retreat Pangot

By Author

Published on February 12, 2025

Cygnett Hotels & Resorts has announced the signing of Cygnett Retreat Pangot, further strengthening its presence in the scenic state of Uttarakhand. This boutique retreat, featuring 64 elegantly designed rooms, offers guests a perfect blend of comfort, modern amenities, and personalized hospitality amidst the tranquil Kumaon hills.

Designed to provide an immersive getaway, Cygnett Retreat Pangot boasts an all-day dining restaurant, social spaces, a rejuvenating spa, activity zones, and a swimming pool. Its location makes it a haven for nature lovers, with easy access to Nainital, treks to Naina Peak, and opportunities to spot over 150 species of Himalayan birds.

"Uttarakhand has emerged as a sought-after destination for leisure travelers. With Cygnett Retreat Pangot, we are excited to expand our footprint in this beautiful region. Guests will enjoy the pristine beauty of Pangot, coupled with the warmth of our signature 'Cygnetture' hospitality. We are grateful to our partners, Neeminfra and Construction Private Limited, for their unwavering support and trust in our vision," said Mr. Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts.

This signing aligns with Cygnett's ambitious expansion strategy, which aims to operate over 100 hotels by 2029. The brand has also announced the upcoming launch of Anamore, its luxury segment, in Uttarakhand, reinforcing its commitment to delivering world-class hospitality.

For more information, visit: www.cygnetthotels.com


Sayaji Pune Honored as 'Iconic Business Hotel' by Times of India Group

Sayaji Pune Honored as 'Iconic Business Hotel' by Times of India Group

By Nishang Narayan

Published on February 6, 2025

Sayaji Pune, a leading 5-star business hotel, has been honored with the 'Iconic Business Hotel' award by the Times of India Group, recognizing its exceptional standards in corporate hospitality. This prestigious accolade highlights the hotel’s dedication to offering a seamless blend of luxury, comfort, and business functionality, making it the top choice for corporate travelers.

Nestled off the Pune-Mumbai Highway, Sayaji Pune enjoys prime proximity to IT hubs like Hinjewadi and Baner, making it an ideal stay for professionals seeking convenience and world-class amenities.

The hotel features well-appointed rooms designed for business travelers, complete with high-speed internet, plush beds, and spacious work desks to ensure productivity and relaxation. For meetings and corporate events, Sayaji Pune offers state-of-the-art boardrooms, banquet halls, and event spaces, catering to a variety of professional needs.

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Beyond business, the hotel takes wellness seriously, boasting a fully equipped gym with expert trainers and an in-house spa—allowing guests to unwind after a busy day.

On the culinary front, Sayaji Pune presents a delightful gastronomic experience. Guests can indulge in a lavish buffet at Portico, offering a mix of healthy and indulgent options, or enjoy an elegant dining experience at Turque, which serves exquisite flavors in a luxurious setting.

This recognition as an Iconic Business Hotel further cements Sayaji Pune’s reputation for delivering top-tier hospitality, setting new benchmarks in business accommodations.

About Sayaji Pune:

Sayaji Pune is a premier business hotel offering strategic location, luxurious accommodations, world-class dining, and cutting-edge business facilities, ensuring a productive and comfortable stay for corporate travelers.

Congratulations to Sayaji Pune on this well-deserved achievement!


Clarion Hotel Khayal Debuts in Kochi, Setting a New Benchmark in Luxury

Clarion Hotel Khayal Debuts in Kochi, Setting a New Benchmark in Luxury

By Manu Vardhan Kannan

Published on February 4, 2025

Kerala’s luxury hospitality scene reaches a new milestone as Clarion Hotel Khayal, Kochi, officially opens its doors on 4th February 2025. This grand opening marks the debut of the first Clarion luxury property in the state, bringing unparalleled comfort, elegance, and world-class service to travelers.

A prestigious collaboration between Suba Group of Hotels and Clarion Hotels, the hotel is designed to offer an exceptional stay experience, catering to both leisure and business travelers.

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Unveiling a Luxurious Experience

Clarion Hotel Khayal is not just a place to stay; it’s a destination in itself. With 70 beautifully designed rooms and suites, each space is crafted to provide the perfect blend of modern aesthetics and warmth. Guests can indulge in top-tier amenities, including:

 Rooftop Pool – Relax with stunning city views.
 State-of-the-Art Gym – Stay fit while traveling.
 Rejuvenating Spa – Unwind with premium wellness treatments.
 Premium Hospitality Services – Personalized to ensure a memorable stay.

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A Prime Location for Travelers

Situated in Kochi, a city known for its rich culture, scenic beauty, and bustling business hubs, Clarion Hotel Khayal is positioned to offer guests both convenience and luxury. Whether visiting for work or leisure, this newly launched hotel is set to become the preferred choice for discerning travelers.

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Setting a New Benchmark in Kerala’s Hospitality Industry

With a commitment to impeccable service, modern design, and an inviting ambiance, Clarion Hotel Khayal is set to redefine the hospitality landscape in Kerala. This launch is a major milestone for both Suba Hotels and Clarion Hotels, as they continue expanding their presence with world-class properties.

As the doors open, guests can now experience the best of luxury and comfort, wrapped in the warmth of Kerala’s renowned hospitality.

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