Holiday homes in India are adopting green technologies to reduce their environmental impact. Developers are implementing solar panels and water recycling plants, while ensuring the construction process doesn t harm the surrounding area. The luxury second home market is growing due to evolving preferences, disposable incomes, hybrid work culture, improved connectivity, and infrastructure.
The Mumbai-based company, which raised ₹19 crore in pre-Series A round from venture capital firm Sixth Sense Ventures in 2018, turned profitable in 2023, following the post-covid demand revival.
DUBAI: It is not just holidaymakers that have contributed to the boom in the luxury holiday-home market. Foreign businesses are operating out of short-term rental villas, said Mohammed Sultan, founder and CEO of Luxury Explorers Collection, who has been helping them. Sultan is a veteran of the luxury hospitality industry, specializing in high-level conferences and VIP travel