Businessman Anurang Jain, nephew of late industrialist Rahul Bajaj and a prominent entrepreneur himself, has purchased a luxury villa in Alibaug from Lodha Developers Limited (formerly Macrotech Developers).

According to property registration documents reviewed by SquareFeatIndia from the Inspector General of Registration (IGR) Maharashtra, the transaction was executed and registered on September 23, 2025.

Transaction Details

ParticularsDetails
BuyerAnurang Jain
SellerLodha Developers Limited (formerly Macrotech Developers)
LocationVilla No. 1, Project “Alibaug Townhouses”, Village Dhokawade, Taluka Alibaug, District Raigad
Land ReferenceGut Nos. 159(P), 161(P), 162(P), 163(P), 164(P), 165(P), 166(P), 167(P), 177(P), 179(P), 181/1(P), 207(P)
Area526.01 sq. m.
Consideration (Sale Value)₹38.15 crore
Market Value (Govt.)₹38.57 crore approx.
Stamp Duty Paid₹1.33 crore
Registration Charges₹30,000
Date of Execution & RegistrationSeptember 23, 2025
ExtrasIncludes four car parking spaces

The purchase reflects the continued appetite for luxury real estate in Alibaug, a coastal town in Raigad district that has become a preferred destination for high-net-worth individuals (HNIs) seeking weekend homes and investment-grade properties.

The villa is part of Lodha’s “Alibaug Townhouses” project, which offers exclusive residences surrounded by lush greenery and close proximity to Mumbai via ferry and road connectivity.

With this acquisition, Jain joins the growing list of top industrialists and business families who are investing in Alibaug’s high-value villas and estates, further cementing the town’s reputation as the “Hamptons of Mumbai.”

Also Read: Sold for Rs 1.45 Lac psf, this is Mumbai’s most expensive home

You May Also Like

MahaRERA asks Developers to mediate with Developers of lapsed housing projects

A matter of concern for MahaRERA is the closed and near-closed housing…

NAREDCO Maharashtra NextGen Unveils Excelerate 3.0: A Vision for Innovation in Construction

NAREDCO Maharashtra NextGen will host Excelerate 3.0 on 14th November 2024, spotlighting innovation in construction. The event will feature panel discussions on building faster, better, and sustainably, with a focus on addressing urbanization, climate change, and fostering emerging entrepreneurial talent in India’s booming real estate sector.

Arkade Developers Acquires Filmistan Pvt Ltd for ₹183 Crore; Plans ₹3,000-Crore Luxury Housing Project in Goregaon West

Arkade Developers has acquired Filmistan Pvt Ltd for ₹183 crore, setting the stage to redevelop the 4-acre Filmistan Studios in Goregaon West into a ₹3,000-crore uber-luxury residential project with twin 50-storey towers of spacious apartments and penthouses.

Mumbai stamp duty collection at a 10-year high in April 2023, property registrations dip

According to data from the IGR, Mumbai city saw property sales registration…