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Multi-Family Real Estate Investment

About The
Forstar DB Realty

Three decades of vision, a legacy built to last.
Forstar began as a leading exporter and has grown into a diversified conglomerate across Western India. From agro industries and seafood exports to frozen & packaged foods, travel & tourism, and real estate Forstar and its sister companies span industries that touch everyday life.
For over three decades, Forstar has been a leading exporter and today, is a diversified conglomerate spread across Western India. Forstar and its sister companies span a gamut of industries including agro industries, sea food exports, frozen, instant and packaged foods, travel and tourism, real estate, and more
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Spread across 4.5 acres of lush landscaped grounds, Esmeralda is a rare address that balances scale with serenity. The development comprises 13 exclusive villas and 63 luxury apartments each crafted to the highest standards supported by 40+ world-class amenities and shaped by an architectural legacy spanning nearly 49 years

Two ways to live the full life

Live the Villa Life
3 types · 13 exclusive residences
Private 3-floor villas with optional swimming pools, multiple decks, entertainment bar areas, and dedicated car parks. Available in Type A, B, and C configurations.
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Live the Apartment Life
7 unit types · lake, sea & mountain views
Fully air-conditioned apartments with modular kitchens, solar-powered common areas, and panoramic views. Seven distinct unit types from Comfort to Grandeur.
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Amenities that restore

In Their Words

Lives that found their happy place

Twenty minutes off the ferry and you forget the city exists. The build quality is what sold us — you can feel it the moment you walk in.

Aditi Kulkarni Resident · Pune

We compared every project around Alibaug. Being opposite the Taj and beside the lake, with this attention to detail, made the decision obvious.

Sameer & Farah Villa owners · Bandra

Master Plan

Partnering with Excellence

Built with names you already trust

Find Your Escape

Where Alibaug reveals itself


Opposite Taj Resort & Spa, beside Gokuleshwar Lake. Close to everything that matters. Far from everything that doesn't.

  • Taj Resort & SpaOpposite
  • Alibaug Beach & Kolaba Fort4 km
  • Varsoli Beach2 km
  • Mandwa Ferry Terminal20 km
  • Atal Setu Toll Plaza72 km
  • Navi Mumbai International Airport73 km
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Good To Know

Frequently asked questions

Where is Esmeralda located?

Esmeralda sits on 4.5 acres at 80, Hissa 1/1, Gondhalpada, Alibaug, Raigad, Maharashtra — close to the Mandwa ferry terminal, the Atal Setu, and Navi Mumbai International Airport.

What residence types are available at Esmeralda?

Esmeralda offers 13 exclusive 3-floor villas (Type A, B & C, with or without a private pool) and 63 fully air-conditioned apartments across seven unit types, from Comfort to Grandeur.

Who is developing Esmeralda?

Esmeralda is developed by Forstar Realtors, part of Forstar Group — a 30+ year diversified conglomerate spanning agro industries, seafood exports, packaged foods, hospitality and real estate.

Is Esmeralda MahaRERA registered?

Yes. Esmeralda is registered under MahaRERA No. PR1270002500126. Project details can be verified at maharerait.maharashtra.gov.in.

What amenities does Esmeralda offer?

Esmeralda is supported by 40+ world-class amenities across its landscaped grounds, designed for residents seeking a calmer, weekend-every-morning lifestyle.

How do I enquire about a villa or apartment at Esmeralda?

Call +91 90046 03408 / +91 86550 38525, email sales@forstardbrealty.com, or use the enquiry form on this website and the Forstar sales team will get in touch.

Enquire About Esmeralda, Alibaug