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Anurang Jain, promoter of Endurance Technologies and nephew of the late Rahul Bajaj, has acquired a luxury villa in Alibaug for INR 38.15 crore. The villa spans over 5,600 sq ft within the 100-acre Alibaug Townhouses project by Lodha Developers and includes four car parking spaces. The transaction was registered with a stamp duty of INR 1.33 crore and a registration fee of INR 30,000. Alibaug is witnessing growing interest from high-end developers, including Emaar India, Oberoi Realty, and Hiranandani Communities, indicating rising luxury real estate activity in the region.
Anurang Jain, promoter of Endurance Technologies and nephew of the late Rahul Bajaj of Bajaj Auto, has purchased a luxury villa in Alibaug, a coastal town near Mumbai, for INR 38.15 crore. The villa is part of the Alibaug Townhouses project, also known as Lodha Alibaug, developed by Lodha Developers, led by Abhishek Lodha. The project spans 100 acres and is designed as an integrated township. Advertisement
The villa measures over 5,600 sq ft and comes with four car parking spaces.The transaction was registered on September 23, 2025, with a stamp duty of INR 1.33 crore and a registration fee of INR 30,000. The stamp duty was 3.5%, as a 50% concession is applicable for the first agreement under the Integrated Township Project, according to government orders. The villa includes four car parking spaces.
The Lodha Alibaug project is currently under construction, with the Maharashtra RERA completion deadline set for August 31, 2029. In 2024, Emaar India announced plans to enter the Alibaug market, intending to build 84 villas across a 25-acre parcel, with each villa priced between INR 9 crore and INR 15 crore. Additionally, Oberoi Realty acquired 81 acres of land in Alibaug with plans to develop a luxury hotel and branded residence villas.
Anurang Jain has previously made significant real estate investments. In 2024, he purchased a 1,350-sq-ft corner bungalow on New Delhi's Kautilya Marg for INR 130 crore, paying a stamp duty of INR 8.32 crore for the transaction.
Alibaug?s real estate market is attracting multiple luxury developers. Emaar India plans to build 84 villas on a 25-acre parcel, with prices ranging from INR 9 crore to INR 15 crore. Oberoi Realty has acquired 81 acres to develop a luxury hotel and branded residence villas. Hiranandani Communities has launched the first phase of its 225-acre integrated township, Hiranandani Sands, investing INR 5,000 crore with a gross development value of INR 17,000 crore. Alibaug is accessible within a three-hour drive from Mumbai or a short Ro-Ro ferry ride from South Mumbai, making it an appealing destination for premium residential investments.
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