Oberoi Realty has finalized an agreement to develop luxury villas and resorts on an anticipated 81.05 Acres of prime land in Tekali village, Alibaug. This expansive area spans approximately 3,28,010 SqM.
As part of this project, the company has allocated around 8.6 Acres (34,803 SqM) for constructing a high-end luxury star hotel/resort. Additionally, the development will utilize an FSI of 30,000 SqM, ensuring a premium hospitality experience.
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On the remaining 72.45 Acres (2,93,207 square meters), Oberoi Realty plans to build 150 high-end, fully serviced, branded residential villas. These luxury villas in Alibaug will cover an FSI of 1,20,000 SqM. Furthermore, the design promises to combine opulence with modernity, delivering an unparalleled lifestyle to discerning buyers.
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