Guys,
An important update. I was there at the meet venue for last two days and I must say I loved it. The guy owning the bunglow has organized/helped adventures in several reality shows including MTV Roadies and Dadarigi (not sure on what channel). At the bunglow itself, there are mini-adventure stuff (rappeling, Burma bridge, Leap of faith etc) available. But considering the fact that we have limited time and a lot to discuss, I am opting for only one or two. The booking has been made for the decided date.
A small word of caution for our female members, the place (accommodation/food/activities) is not luxurious by any means and you have to get prepared for a few adjustments. It's clean, hygienic and spacious but it's designed for teams and not individuals hence privacy, comfort, luxury are forbidden keywords. But it's a fun place for sure.
@Naveen,
Great idea but an infeasible one. An hour's webcasting costs about 50,000 and since Alibaug is a remote place, the cost will go double! Two days' webcasting will make all of us bankrupt! 
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