Joint Venture22 Aug 2026

Hiranandani Communities Partners with SaffronStays for Property Management at Hiranandani Sands, Alibaug

Hospitality-Managed Villa Community at Hiranandani Sands

Hiranandani Communities and SaffronStays have entered into a three-year collaboration covering the management and potential monetisation of 121 premium private villa plots across approximately 12 acres, within Hiranandani Communities' 225-acre integrated coastal township at Hiranandani Sands in Alibaug, Maharashtra.

The partnership covers management and potential monetisation of the villa plots, marking a shift toward hybrid ownership models where residential second homes incorporate professional hospitality operations from the time of possession.

Scope of On-Ground Management

SaffronStays will run a dedicated front office on-site and take end-to-end ownership of how each villa functions and how each owner experiences it: from day-to-day property upkeep, to premium on-demand services such as on-call private chefs and concierge services including Ro-Ro transport, to experiential services such as celebration set-ups for birthdays, anniversaries and proposals, and sundowners.

Integration Within the Larger Township

Within the township, which is also planned to include five hotels, a convention centre, a yacht club and a dedicated water sports zone, the luxury villa community spans 121 plots across 12 acres and is being developed as a self-contained, gated enclave, where individual owners will design and build their own villas.

Hiranandani Sands is positioned by its developer as India's largest coastal real estate project, with an estimated topline of ₹17,000 crore.

About the Partners

SaffronStays is a professionally managed luxury holiday home platform offering curated villas and private residences across India's leading leisure destinations. The company has crossed the 1,000-key milestone (currently 1,250 rooms under management), marking a significant achievement in the vacation home segment.

Hiranandani has successfully delivered projects like Hiranandani Gardens (Powai, Mumbai), Hiranandani Estate (Thane), Hiranandani Parks (Chennai), and Hiranandani Fortune City (Panvel).

Strategic Positioning

Alibaug is a rapidly growing real estate hotspot due to its natural beauty, clean environment, and vastly improved connectivity to Mumbai via the Mumbai Trans Harbour Link (MTHL) and ferry services. Alibaug is already an established tourism and hospitality destination; with improving connectivity and infrastructure, it is evolving into a year-round lifestyle and real estate destination, creating a natural bridge between leisure, hospitality and long-term living.

Related: HIRANANDANI SANDS

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