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Business
Former Cricketer Sanjay Manjrekar Sells 2‑Acre Alibaug Plot for ₹22.40 Cr
✍️ The Times of India
🗓 04 Nov 2026, 08:38 AM
👁 11
Former Indian cricketer Sanjay Manjrekar has sold a nearly 2‑acre plot in Alibaug for ₹22.40 crore, according to a report by The Times of India.
Former Indian cricketer Sanjay Manjrekar has finalized the sale of a nearly 2‑acre plot in Alibaug, Maharashtra, fetching ₹22.40 crore. The transaction, reported by The Times of India, marks a significant entry in the coastal real‑estate market.
Alibaug, a popular seaside town on the Konkan coast, has seen a surge in land prices as demand from developers and investors rises. The sale price of ₹22.40 crore underscores the premium that coastal properties command in the region.
Details of the buyer remain undisclosed, but the deal is expected to contribute to the growing trend of high‑value property transactions in Maharashtra’s tourism hubs. The sale adds to the portfolio of former cricketers who are increasingly investing in real‑estate ventures.
The transaction reflects the broader boom in Maharashtra’s real‑estate sector, where premium plots in scenic locations are fetching record prices. The sale is likely to set a benchmark for future deals in Alibaug and similar coastal towns.
Sanjay Manjrekar’s move into property sales highlights the diversification of income streams for retired sports personalities, as they leverage their public profile and capital to secure lucrative investments.
Alibaug, a popular seaside town on the Konkan coast, has seen a surge in land prices as demand from developers and investors rises. The sale price of ₹22.40 crore underscores the premium that coastal properties command in the region.
Details of the buyer remain undisclosed, but the deal is expected to contribute to the growing trend of high‑value property transactions in Maharashtra’s tourism hubs. The sale adds to the portfolio of former cricketers who are increasingly investing in real‑estate ventures.
The transaction reflects the broader boom in Maharashtra’s real‑estate sector, where premium plots in scenic locations are fetching record prices. The sale is likely to set a benchmark for future deals in Alibaug and similar coastal towns.
Sanjay Manjrekar’s move into property sales highlights the diversification of income streams for retired sports personalities, as they leverage their public profile and capital to secure lucrative investments.