The House of Abhinandan Lodha (HoABL) was founded in 2020 by Abhinandan Lodha with an initial focus on plotted land in Maharashtra's Konkan region — a geography the company has understood longer than almost any other organised developer operating at scale. By late 2024, HoABL had reported a portfolio of over 1,000 acres of plotted developments across 16 locations, stretching from Goa and Dapoli to Ayodhya, Amritsar, and Shimla. Alibaug was where this story began, and it remains the project the company returns to with its most considered product. Sol de Alibaug — located off the Revas Road in Munawali, inside the Kihim-Thal belt — is that product.
Sol de Alibaug is a 20-acre luxury land development in Munawali, with plots starting at 2,500 sq ft and prices from ₹2.99 Cr, registered under MahaRERA as project number P52000049721 and developed in phases by Splendour Arcade Pvt. Ltd. The project carries an FSI of 1.82 — a meaningful build allowance for buyers who intend to construct immediately rather than simply hold land.
The layout is designed by Talati & Partners, a Mumbai architectural practice, and the community is intentionally small: an exclusive 153-member gated enclave that keeps density low. Two clubhouses service the estate; one is described as a recreational hub with an indoor golf simulator, squash courts, and a kids' playroom, while the second — at approximately 500 feet elevation — commands a wide coastal horizon. Amenities include wellness zones, concierge services, and Alibaug's only in-complex Indigo Delicatessen, the fine-dining brand operated under a partnership HoABL formalised with Indigo Hospitality in June 2023.
The project describes itself as Prime Alibaug's only 5-star branded land development. The infrastructure within the estate — internal roads, drainage, utility connections — is built out by HoABL; individual plot construction is then undertaken by buyers in accordance with local authority norms, giving owners genuine design latitude within a maintained master plan.
Munawali sits at a geographic midpoint that gives Sol de Alibaug buyers access to the full spread of the northern Alibaug coast. Thal Beach is 8 minutes away, Kihim Beach 10 minutes, Varsoli Beach 12 minutes, Alibaug town 15 minutes, and Mandwa Jetty 20 minutes. That proximity to Mandwa is the decisive distance: the Bhaucha Dhakka to Mandwa ferry runs in roughly 50 minutes, and speedboat services from Colaba reach Mandwa in around 18 minutes. From the jetty to Munawali, the drive is under 25 minutes.
The Kihim-Thal belt is consistently the most liquid and fastest-appreciating micromarket within the Alibaug taluka. Land values in Kihim and Zirad climbed from ₹5–6 lakh per guntha five years ago to ₹18–22 lakh per guntha, sustaining a CAGR of close to 30%. That trajectory reflects genuine demand from Mumbai's HNI community, not speculative overshoot, because Kihim and its neighbouring beaches combine calm water, cleaner air, and lower tourist density than the town beach — qualities that are structurally fixed. Branded organised supply in this pocket remains scarce, which is precisely why HoABL entered here first.
HoABL's earliest land acquisitions were on the Konkan coast, and Alibaug has consistently received the company's most visible product investments. In 2024, actor Kriti Sanon purchased a plot at Sol de Alibaug, and in October 2025, Amitabh Bachchan completed a second purchase from HoABL in Alibaug — his second investment in the area within a span of two years. These transactions are on public record via stamp duty filings and are significant not as celebrity endorsements but as observable evidence that HoABL's Munawali product has attracted buyers with access to any coastal address they choose.
The company's broader framework for Alibaug is relevant context. HoABL formed a joint venture with HDFC Capital Advisors in 2023, investing ₹1,500 crore in plotted and low-rise developments across India. That institutional capital partnership signals a level of underwriting rigour that distinguishes HoABL's site selection from developer-by-developer speculation. Every land parcel the company acquires undergoes legal due diligence before being taken to market, and all projects are RERA-registered. For a buyer purchasing in a coastal taluka where NA conversion rules, CRZ overlays, and title chains can be complex, that process has direct practical value.
Alibaug's connectivity is being remade by a sequence of projects that compound each other's effect. The Atal Setu (MTHL), now operational, connects Sewri to Chirle and has cut South Mumbai to Navi Mumbai travel to 15–20 minutes — anchoring the road corridor that leads south toward Alibaug. Navi Mumbai International Airport commenced commercial operations in late 2025, placing Alibaug within roughly 90 minutes of a major domestic and international hub. For NRI buyers and frequent business travellers, that changes the calculus entirely on whether Alibaug can function as more than a weekend address.
Two further projects deepen the case. The Revas-Karanja Bridge, under active construction across Dharamtar Creek by MSRDC, will reduce the Uran-to-Alibaug road journey from approximately 70 km to 30 km and cut travel time to about 30 minutes. This effectively opens Alibaug's northern belt — which includes Munawali — to commuters coming from Navi Mumbai's eastern and JNPT corridors, not only from the Mandwa ferry route. Separately, the Maharashtra cabinet approved the Virar-Alibaug Multimodal Corridor, a ₹37,013 crore, 126-km project integrating NMIA, JNPT, and MTHL, with Phase-1 groundwork commencing in 2026. When this corridor is complete, Alibaug will sit at the southern terminus of a spine that connects the major logistics and transport nodes of the entire MMR.
For a buyer at Sol de Alibaug, the calculation is specific: Munawali is on the Mandwa-to-Thal belt, not in southern Alibaug's acquisition corridors. The village already has ferry-route accessibility, and the infrastructure stack being built will add road-route depth from a new direction. That combination — an already-liquid micromarket receiving additional connectivity — is different from buying in a zone that is solely infrastructure-dependent.
Industry data shows real estate prices in Alibaug have grown by approximately 30% over the past three years, and villa rental yields in the market average 3–4% annually according to JLL India data — approximately double what apartments in comparable Mumbai catchment zones generate. HoABL's branded land format, where buyers own a freehold plot within a managed estate with built-in amenities and legal clearance, positions it differently from unorganised land purchases in the same taluka.
Buyers who purchase within the estate do not face the same title and conversion complexity that exists in raw agricultural land transactions across coastal Maharashtra. HoABL has undertaken that process and delivers a development-ready plot with internal infrastructure in place. For buyers who want to build a second home on their own schedule — rather than move into a fixed villa product — this structure is materially relevant.
HoABL's footprint now includes projects in Dapoli, Anjarle, and Neral within Maharashtra, alongside Goa, Ayodhya, Amritsar, Shimla, Nagpur, and Varanasi. The Alibaug estate, however, was the company's founding geography, and Sol de Alibaug — with its curated community size, dual clubhouses, restaurant anchor, and Mandwa-proximate address — reflects the most complete iteration of the model HoABL has been refining since 2020.