According to FEMA guidelines, NRIs can purchase beachside property in Alibaug, excluding agricultural land, farmhouses, and plantations. Before finalizing the deal, the buyer must check the property type and mode of payment. The viable options for payment from an NRI for property purchase in India include NRE, NRO, or FCNR accounts.

Coastal Regulation Zone focuses on the legal distance of construction from the shoreline primarily. Therefore, beachside property buyers in Alibaug must vet the CRZ Certificate from the Maharashtra Coastal Zone Management Authority (MCZMA). Also, ask the seller to include a legal indemnity clause regarding the CRZ status in the deal.

Yes. Hiranandani Sands in Alibaug is a RERA-registered project. Visit the Maharashtra RERA website to check the same. Also, while buying a property in Maharashtra State, do check for a clear title chain, 7/12 extract, and Encumbrance Certificate.

The Mumbai Trans Harbour Link and RoRo ferry to Alibaug have a positive impact on property investment in Alibaug. According to The Wire, the land cost in Alibaug is likely to witness up to 3.5x capital appreciation in the next five years. Also, the two-fold rise in tourist footfall from 2.2 million visitors in 2020 to 4.5 million in 2025 hints that now is the right time to buy property in Alibaug.

Hiranandani Sands is a large-scale beachside property near Nagaon beach in Alibaug with studios, 1BHK, 2BHK, 3BHK, 4BHK, and villas. It is a RERA-approved project, and the developer has also proposed a prestigious Blue Flag International Certificate. Get in touch with a Star Estate representative to learn more about the project in detail.