Emaar India Alibag: A New Luxury Destination with INR 2,000 Crore Investment Plan

Emaar India has announced its entry into the Mumbai real estate market, unveiling plans to invest INR 2,000 crore over the next few years. This significant step was marked by the launch of its premium villa project on October 21, 2024, in Alibag near Mumbai.

Casa Venero: Emaar’s Premium Villa Project

The newly launched project, Casa Venero, will feature 84 luxurious villas spread across 25 acres. Located near the serene Kihim Beach in Alibag, villa sizes range from 3,314 sq. ft. to 5,120 sq. ft., with prices starting at INR 9 crore and reaching up to INR 15 crore. The project is projected to generate a revenue of INR 700 crore.

Exclusive Community with Premium Amenities

Casa Venero will offer residents an exclusive gated community with world-class amenities spanning over 80,000 sq. ft. The project includes a clubhouse, wellness lawn, sculpture garden, reflexology path, butterfly garden, hammock garden, and more. A plantation of over 1,000 trees enhances its appeal as a green retreat for luxury seekers.

Strategic Location in Alibag

Situated just 20 minutes from Mandwa jetty, Casa Venero positions itself as a perfect weekend or holiday home destination. Its proximity to Mumbai ensures convenient connectivity, making it a prime choice for discerning buyers seeking tranquility without sacrificing urban accessibility.

Emaar’s Broader Plans for Mumbai

Emaar India is exploring opportunities in both the mid and luxury segments in Mumbai. Additionally, the company is open to redevelopment projects, leveraging its established presence in cities like Gurugram, Mohali, Indore, Lucknow, and Hyderabad. Since 2005, Emaar India has been a key player in the Indian real estate sector.

Highlights:

• Emaar India Alibag marks the company’s foray into Mumbai real estate.
• INR 2,000 crore investment planned for future projects.
• Casa Venero: A premium villa project near Kihim Beach with prices ranging from INR 9 crore to INR 15 crore.
• 84 villas spread over 25 acres; expected revenue of INR 700 crore.
• Premium amenities: clubhouse, wellness spaces, and green landscapes with over 1,000 trees.
• Strategic location: 20 minutes from Mandwa jetty, offering a weekend retreat.
• Broader plans include mid, luxury, and redevelopment projects in Mumbai.

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