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.


Espire Hospitality Group Launches New Luxury Resort 'ZANA' in Jim Corbett

Espire Hospitality Group Launches New Luxury Resort 'ZANA' in Jim Corbett

By Nishang Narayan

Published on April 14, 2024

Espire Hospitality Group, renowned for its luxurious properties, has recently introduced its latest venture, 'ZANA - A Luxury Escape, Dhikuli, Jim Corbett'. Situated just ten minutes from Jim Corbett National Park, this new resort is designed to provide an unmatched blend of opulence and tranquillity set against the backdrop of the majestic Himalayas.

The resort's architecture draws inspiration from a quaint English country house, featuring elegant gardens, woodland surroundings, and European-style stonework, wood cladding, and shingle roofs. With 57 beautifully appointed rooms and cottages, each offering breathtaking views of the surrounding landscape and Kosi river, ZANA provides a serene retreat from the bustling city life.

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Dining at ZANA is a culinary adventure with options ranging from 'Mayfair', the brand’s signature all-day dining restaurant, to 'Bohemia - Grills & Bar', which offers a relaxed atmosphere with live grills and an array of exquisite drinks. The resort also offers unique outdoor dining experiences, perfect for enjoying the natural beauty of the area.

Recreational facilities include an idyllic outdoor swimming pool surrounded by lush foliage and the upcoming 'Toddle Wobble' kids' play area, ensuring entertainment for all ages. Guests can also partake in thrilling wildlife safaris offered by the nearby national park.

For events, ZANA boasts a large pillar-less ballroom and an expansive adjacent lawn, providing an ideal venue for weddings, corporate off-sites, and other gatherings.

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Mr. Akhil Arora, CEO and Managing Director of Espire Hospitality Group, expressed his enthusiasm for the new opening, "We are excited to bring a unique sanctuary for both adventure seekers and those looking to unwind. With ZANA, we are set to enhance the hospitality landscape in Jim Corbett, accommodating the growing number of domestic and international visitors."

Reservations for ZANA can be made by emailing reservations@zanaresorts.com, calling +91 7838 203 203, or visiting their website at www.zanaresorts.com. As Espire Hospitality Group continues to expand, it remains dedicated to providing exceptional experiences that meld luxurious comfort with the beauty of India's landscapes.


Echor Hotels & Resorts Unveils New Luxury Destination in Srinagar

Echor Hotels & Resorts Unveils New Luxury Destination in Srinagar

By Nishang Narayan

Published on March 30, 2024

In the ever-evolving landscape of luxury travel, Echor Hotels & Resorts has made a significant leap with the introduction of its latest property, Echor Srinagar. Nestled near the spellbinding Dal Lake in Kashmir, this new 40-room haven is set to captivate travellers with its unparalleled blend of tranquillity, elegance, and a deep connection to the region's rich cultural tapestry.

The brainchild of visionaries Rahul Uppal and Manoj Sihag, Echor Hotels & Resorts emerged in 2019 with a mission to redefine luxury accommodation in India's most unique destinations. With the unveiling of Echor Srinagar, the brand reinforces its commitment to elevating the travel experience in Northern India, enhancing the region's appeal as a premium tourism hotspot.

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Director Manoj Sihag shared his enthusiasm for the venture, stating, "Echor Srinagar is not just a property; it's a gateway to the soulful beauty and heritage of Kashmir. Our goal is to provide guests with an experience that's as rich and vibrant as the landscape surrounding us."

Guests at Echor Srinagar can look forward to indulging in the property's lavish offerings, from rooms with mesmerising views of Dal Lake to the intimate café and sprawling apple orchard ideal for leisurely strolls. The multi-cuisine restaurant on site promises a culinary journey as diverse and flavorful as the global travellers it aims to attract.

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Sihag further highlighted the positive ripple effect Echor Srinagar is poised to create in the local tourism sector, noting the region's recent strides in infrastructure and growing allure as a travel destination. "We're thrilled to play a part in Kashmir's tourism boom. Echor Srinagar is more than a place to stay; it's an invitation to explore and fall in love with this incredible region."


Elevate Your Holi Celebrations with These Luxurious Experiences

Elevate Your Holi Celebrations with These Luxurious Experiences

By Nithyakala Neelakandan

Published on March 24, 2024

As the vibrant festival of Holi approaches, it's time to plan your celebrations in style. Whether you're looking for a relaxing weekend getaway or an immersive culinary experience, these seven destinations promise to elevate your Holi festivities to new heights.

Indulge in Maximum City Luxury at Four Seasons Hotel Mumbai

Escape the hustle and bustle of the city with Four Seasons Hotel Mumbai's exclusive Mumbai Getaway package. Enjoy daily breakfast and dinner at San:Qi, a spa treatment, and a late check-out. Don't miss the highlight of the weekend—a Sunday brunch at AER, the hotel's iconic rooftop bar.

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Experience Joyous Culinary Celebrations at The Ritz-Carlton, Bangalore

Join The Ritz-Carlton, Bangalore for a colorful culinary celebration featuring festive delights like Gujia, Dahi Bhalla, and Puri Bhaji. Indulge in expertly crafted traditional and modern platters at The Market, the hotel's sunlit all-day dining restaurant.

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Immerse Yourself in Holi Colors at Jaisalmer Marriott Resort & Spa

Escape to the picturesque desert setting of Jaisalmer Marriott Resort & Spa for a Holi celebration filled with organic colors, live music, and delicious food. Enjoy cultural performances, relaxing spa treatments, and exclusive Holi amenities during your stay.

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Savor the Flavors of Holi at JW Marriott Bengaluru Prestige Golfshire Resort & Spa

Delight your taste buds with a curated Holi Special Menu at The Aviary, JW Marriott Bengaluru Prestige Golfshire Resort & Spa. Indulge in thematic drinks, herbal color play, and a delectable array of dishes amidst lush surroundings.

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Celebrate Amidst Nature at Mulberry Shades Bengaluru Nandi Hills

Experience the magic of Holi at Mulberry Shades Bengaluru Nandi Hills with an enchanting Holi Brunch on their picturesque Santi Lawns. Enjoy complimentary color games, live music, and tantalizing North Indian delights against the backdrop of the scenic Nandi Hills.

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Embrace Sustainability with a Floral Twist at Four Seasons Hotel Bengaluru

Join Four Seasons Hotel Bengaluru for a unique Holi celebration at CUR8, the hotel's alfresco restaurant. Experience the fragrant oasis of reused flower petal Holi, accompanied by songs, dances, delicious food, and a Sunday afternoon Holi-themed brunch.

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Explore Culinary Fusion at Four Seasons Resort Maldives at Kuda Huraa

Embark on an international culinary journey at Four Seasons Resort Maldives at Kuda Huraa's renowned Indian restaurant, Baraabaru. Indulge in Chef Nayak's daring fusion of tradition and innovation, infused with Maldivian produce and vibrant spices.

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Whether you choose to relax in the city, immerse yourself in culinary delights, or escape to a tropical paradise, these luxurious Holi celebrations promise an unforgettable experience for you and your loved ones.

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