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Business Economy


Samira Habitats announces plans for infrastructure development in Alibaug

Mumbai, Jul 28 (UNI) Samira Habitats announced on Thursday that it is planning more infrastructure development in coastal town of Alibaug in neighbouring Raigad district with setting up of hospitals, hotels, clubs, sporting facilities and a five-star hotel.
Sharing his vision on development of Alibaug, Samir A Nerurkar, founder and managing director of Samira Habitats, said, “We want to develop the region by partnering and facilitating the setting up of healthcare, criticare and trauma facilities, the best bistros and restaurant brands, retail communities and shopping villages, sporting facilities and utility services."
“We are in talks with multiple-minded corporates specially focusing on sporting facilities because we believe future sportspersons will come from region like these. We are developing a class club facility, a five-star hotel and medical & trauma facilities for the people of Alibag region,” he added.
According to the latest Saville report, Alibaug today is the number one investment destination in India being close to the commercial capital of the country and the natural surroundings of beaches, and forts and secod home due to its connectivity to Mumbai through multi-modal corridor from Virar to Alibaug, transharbour sealink, RORO round the year apart from speedboats and water taxis.
Alibaug recorded 10.9 per cent capital gain, the highest in the country, beating markets like Goa, Lonavala, etc. It has witnessed the highest capital gain of 10.5 per cent in past two years as compared to Shimla by 6.45 per cent and Goa by over two per cent.
Samira Habitats with the largest share in the organised land bank, has dealt in over 1,000 acres of land deals in Alibaug alone, a release stated here.
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