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The first-ever gated villa and condo project in Alibaug under the SILA banner was launched in 2019 in collaboration with JCK group and Top-Notch Realty. The project achieved record sales within three years of launching, selling over 95 per cent of its inventory even before completion. In the Saral neighbourhood of Alibaug, situated on a 7-acre plot of land, Inner Circle provides residents with a modern sense of communal living along with the ease of full-service facility management.
A second phase of the Inner Circle project is scheduled to begin in early 2023. Spread across 3 acres, the new phase will include more than 40 units. The founder of SILA, Sahil Vora, believes Inner Circle represents the company’s foray into the MMR region’s most coveted micro markets. The founders along with the principal architect Pinakin Patel have worked towards creating a complex that would cater to lifestyle people living in Alibaug aspire for. The planning has taken into account the demands of today's purchasers, while paying equal attention to the space allocated indoors and outdoors.
Alibaug is being touted as one of the most promising micro markets of the Mumbai Metropolitan Region, where prices in some localities have more than doubled in the last three years. Scenic beaches, hiking trails, delicious food and artisanal handicrafts have made it attractive for individuals in neighbouring cities to visit for the weekend for a short vacation. Future infrastructure development plans announced by the government has encouraged several people to consider investing in second homes or vacations homes here.
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