Second Homes

From metros to mini metros: How Tier-II cities are powering India’s real estate expansion

Real estate experts said that the rise in tourism across leisure and religious Tier-II locations has directly boosted residential demand. Demand is particularly strong in cities such as Ayodhya, Lucknow, Chandigarh, Ludhiana, Indore, Rishikesh, Prayagraj, Dehradun, Amritsar, Vrindavan, and Goa.

Seaside leisure home developers scout coastal Maharashtra, Gujarat for destinations beyond Goa

Real estate observers say that with Goa facing a scarcity of land for construction and large projects driving up prices, other destinations need to be unlocked.

Realty firm Aranyaka to launch Rs 1,400-crore second home projects in Rajasthan, Goa and Himachal

Aranyaka will launch second home projects worth over Rs 1,400 crore in Rajasthan, Goa and Himachal Pradesh. The company plans to invest Rs 300 crore in these projects.

Scapes Hospitality launches luxury villa project in Kasauli, eyes Rs 350-crore revenue

Demand for second homes located at holiday destinations is increasing as people, especially high-net-worth individuals (HNIs), desire to invest in luxury villas or holiday homes situated in hill stations such as Kasauli or near the beaches especially in Goa.

Union Budget's measures may spark real estate boom in top tourist destinations

Market data suggests a significant rise in residential demand across markets in key tourism and pilgrimage hubs such as Goa, Nainital, Ayodhya, Prayagraj, Rishikesh and Varanasi, among others.

Explained: Hill stations redefine second-home market amid boom for residential properties

Hill stations such as Nainital, Dehradun, Shimla, Panchkula, Kasauli and Rishikesh have emerged as second-home hotspots in India. Affordability, tranquility, lifestyle upgrade, accessibility and long-term return on investment are the key factors driving the surge in demand, data shows.

Eldeco Group to develop 80 luxury villas near Kasauli in Himachal Pradesh, eyes top line of Rs 500 crore

The realty firm plans to invest about Rs 300 crore beyond the land cost to develop the ultra-luxury housing project, through its subsidiary ‘Terra Grande’.

Arvind SmartSpaces inks two projects spread across 704 acres in Ahmedabad

According to the company, the top line potential of the projects is Rs 2,300 crore. These projects are located in South Ahmedabad and would be ASL’s 17th and 18th projects in Ahmedabad

Second Homes In Celeb City: Consider Alibag if you want something close to Mumbai

This star-studded coastline is where Bollywood stars, sporting legends, industrialists, investors, and top executives have all built a second home. If you wish to follow in their footsteps, do so after due diligence to avoid post-purchase pain.

Looking to buy a property in Goa? Here’s your primer on how to go about it

The Land of Beaches offers a high rental value of between 4% and 15%, due to luxury, sea-facing properties. But buyers must be aware of the regulations and procedures related to land acquisition, property ownership, permits, and licensing.