The House of Abhinandan Lodha entered Alibaug through Munawali, a stretch off Thal Beach on the Alibaug-Revas road belt. The project is a landmark in itself within the Alibaug-Revas road belt, sitting comfortably near the famous Awas and Mandwa beaches. The choice of address was deliberate: the 20-acre luxury estate sits 10 minutes from Kihim Beach and 18 minutes from Mandwa Jetty, placing it inside the narrow radius that Mumbai's second-home buyers actually use.
The Munawali development was a 20-acre luxury plotted development launched by HoABL in April 2023, and it has since been sold in phases marketed as Sol de Alibaug and Château de Alibaug. The plotted collection, styled as Cliff Couture Living, has been designed with plots starting from 2500 sq ft, priced from around ₹2.99 crore, carrying an FSI of 1.82, while the villa-plot collection starts near ₹2.61 crore and carries design input from Sussanne Khan. Architecture and master planning on the estate come from an established Mumbai firm: the project has been developed in collaboration with Talati and Partners, one of Mumbai's esteemed architectural firms, spread across contoured landscape rising above 400 feet from ground level. On-ground amenities lean into resort infrastructure rather than typical gated-plot fare — the estate houses Alibaug's Indigo Delicatessen restaurant on the premises alongside an infinity pool, an international fitness centre, squash courts and roughly 70,000 square feet of clubhouse and greens. Legally, the two launched phases at Munawali carry their own MahaRERA numbers: registered as THE HOUSE OF ABHINANDAN LODHA – MUNAWALI, ALIBAUG under MahaRERA No. P52000049721, developed in phases by Splendour Arcade Pvt. Ltd., with a second registered phase carrying the number P52000052368.
The clearest signal of demand at Munawali has come from repeat buying by a single, well-documented name. In April 2024, Amitabh Bachchan purchased a 10,000 sq ft land parcel worth ₹10 crore in the project's first phase, 'A Alibaug,' the 20-acre luxury plotted development HoABL launched in April 2023. He returned in October 2025 for three more plots totalling 9,557 sq ft in 'A Alibaug — Phase 2,' a transaction valued at ₹6.59 crore and his second investment in the project within two years. That repeat commitment sits inside a broader pattern of celebrity interest in the town: the coastal enclave has become a preferred retreat for Bollywood names and business leaders, among them Shah Rukh Khan's daughter Suhana Khan, Kriti Sanon, and Kartik Aaryan.
Munawali's rise has not happened in isolation. Alibaug, roughly three hours by road and under an hour by Ro-Ro ferry from South Mumbai, has moved from a quiet coastal getaway into one of Maharashtra's most active luxury real estate corridors, drawing several major developers in recent years. Emaar India has announced a 25-acre villa project with 84 homes priced between ₹9 crore and ₹15 crore, Oberoi Realty has acquired 81 acres for a proposed luxury hotel and branded residences, and Hiranandani Communities has launched Hiranandani Sands, a 225-acre township carrying a ₹5,000 crore investment and an estimated ₹17,000 crore gross development value. HoABL's own positioning in this company is built on land, not built form — the group is known for turning high-potential locations such as Ayodhya, Dapoli and Goa into branded luxury land projects, framing Alibaug as a modern coastal retreat backed by infrastructure and legal clarity.
The infrastructure argument for Munawali rests on connectivity that has changed materially in the last two years. The Mumbai Trans Harbour Link has cut travel time from Mumbai to Alibaug from roughly two hours to about 45 minutes, pushing up prices in the best-connected pockets by 10 to 15 percent. Ferry access adds a second route: the Munawali plots sit just minutes from Mandwa Jetty, from where residents can reach South Mumbai in under an hour via the M2M ferry service. A longer-horizon catalyst is now moving through approvals: the Virar-Alibaug Multimodal Corridor, a 126 km, 14-lane access-controlled expressway being built by MSRDC on a BOT model, will connect JNPT, the Navi Mumbai International Airport, the MTHL and the Delhi-Mumbai Expressway's JNPT spur; the Maharashtra Cabinet approved it in late 2025, with groundwork starting in 2026 and completion targeted around 2030.
Pricing data for the wider Alibaug market gives context to what HoABL is selling at Munawali. Flat prices across Alibaug taluka range roughly ₹4,800 to ₹6,850 per sq ft, while land rates sit around ₹900 to ₹2,300 per sq ft. Closer to the water, rates climb: general plots trade between ₹600 and ₹1,300 per sq ft, but land near Mandwa Jetty has fetched ₹8 to ₹10 crore per acre. The pace of appreciation in the belt closest to Munawali has outrun the town average — plots near Mandwa, Zirad and Awas have appreciated 30 to 35 percent over the last two to three years, tracking bridge construction and ferry upgrades, against a broader Alibaug market that clocked roughly 13.8 percent year-on-year appreciation in 2024.
Munawali is one entry in a national land-banking programme rather than a standalone venture. Founded in 2020 by Abhinandan Lodha, the company develops residential plotted land projects and initially focused on the Konkan region of Maharashtra. Between 2022 and 2023 it expanded into Goa and North India, acquiring 51 acres in Ayodhya, and in January 2023 it announced a capital expenditure plan of ₹11,000 crore to be deployed over four years. As of 2024, HoABL reported operations across 16 locations in India, including Goa, Himachal Pradesh, Maharashtra, Punjab and Uttar Pradesh. Within Maharashtra's Konkan belt specifically, the company points to its earlier launches as the template it is now repeating at Munawali: its record spans regions like Dapoli, Anjarle, Neral and Goa before Alibaug became the next Konkan address on its map.
