Archive · 2 Sep 2025
Businessman Invests in Coastal Property for Profit
Imagine a businessman named Rakesh Shah from Mumbai.
In 2017, he bought a house near the sea in Alibaug.
He wanted his family to have fun weekends there.
Also, he hoped the house would make him money over time.
Alibaug is a coastal town near Mumbai, so it's easy to get to by ferry.
This house was intended to be a nice getaway and a smart investment all in one.
Rakesh Shah, a Mumbai businessman, bought a house.
The house is located in Alibaug, Maharashtra.
Alibaug is a coastal town in the Konkan region.
Shah purchased the house in 2017.
The purpose of the purchase was for family weekends and profit.
- Who
- Rakesh Shah, a Mumbai-based businessman.
- What
- Bought a house.
- When
- In 2017.
- Where
- Alibaug, a coastal town in the Konkan region of Maharashtra.
- Why
- To spend weekends with his family and to earn profit.
- Businessman
- Rakesh Shah
- Location of Investment
- Alibaug, Konkan region, Maharashtra
- Purpose
- Family weekends and profit
- Year of purchase
- 2017