Pushpam Group eyes Rs 35 crore sales revenue from the project. Tripvillas expects annual revenue of Rs 4-5 crore
Mumbai, July 07, 2023: Pushpam Group, a leading real estate player in India with a focus on resort homes, has announced a tie-up with Tripvillas for its Balibaug resort at Alibaug. Balibaug, a Bali style resort is situated on the scenic Konkan coastal town of Alibaug, known for its pristine beaches. Pushpam Group is eyeing sales revenue of Rs 35 crore from the project, whereas Tripvillas is expecting annual revenue of Rs. 4–5 crore by managing this property.
The Balibaug design is inspired by Bali’s temples and palace architecture. This resort will consist of 2 & 3 BHK luxury villas with private pool and gardens, open showers, terrace Jacuzzis, international standard interiors, sloping roofs, decorative crowns and other Balinese elements. In addition, the resort will have 20 plus amenities like 3 restaurants, Spa, Banquet hall, Party lawn, Gym, etc. This resort is just a two to three hour drive from Mumbai and ninety minutes drive from the upcoming Navi Mumbai International Airport.
Balibaug is conceptualized as fully serviced resort residences offering owners 28 nights of stay with your family every year It also lets you earn an assured income every month with zero maintenance charges and free of any liabilities. The resort offers 2 & 3 BHK luxurious villas and fully furnished suites.
Speaking on the partnership, Dr. Sachin Chopda, Managing Director, Pushpam Group said, “We believe that Tripvillas is an ideal partner for our project. Their expertise in resort management will complement our offerings and improve the property’s overall equity for the community and investors. Alibaug is the next big destination for leisure and hospitality segment. It is our endeavor to offer an international and exotic style holiday experience right here in India; without leaving its shores.”
Mr. Roshan D’Silva, Founder & Managing Director, Tripvillas Pte. Ltd., said, “Balibaug has will offer superior income and appreciation to home buyers given its proximity to the upcoming Navi Mumbai International Airport. This will give it access to international travelers flying into Mumbai. Alibaug as a tourist destination is already very popular with Mumbaikars and will soon be on the international tourist map of the world. With developing infrastructure and improved connectivity, we can expect well-heeled tourists from Mumbai and across the globe to head towards the Balinese beach villas of Balibaug very soon.”
This is Tripvillas first association with Pushpam Group. Tripvillas is one of the leading and largest players in this business. They provide 5 star hotel standards of service to their customers. They have a national and global footprint spread across exotic holiday destinations traversing the world. This association entails Tripvillas to exclusively manage the property and community. This includes managing the overall hospitality, rentals, security, landscaping and common amenities such as the club house, restaurant, spa, banqueting activities etc.
Alibaug is a popular holiday and tourist destination located 100 kms south of Mumbai, well connected by road and sea. It is a second home to many Bollywood celebrities, cricketers, industrialists and HNIs. It has emerged as the prominent leisure and investment destination. Alibaug is rapidly developing with new infrastructure projects coming up that will improve connectivity with Mumbai and reduce travel time even further. These include 12 more jetties being planned in Alibaug, 6 laning of Mumbai Goa National Highway, 12 lane multi nodal corridors from Virar to Alibaug, Mumbai Trans Harbour Link, which will reduce the travel time to 2 hours from Mumbai and Upcoming Navi Mumbai Airport.
For more information, visit www.balibaug.com
