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A surge in millennials and young professionals investing in plots, second homes and villas in locations regarded as idyllic holiday destinations is emerging as a prominent trend, marking a shift in the real estate market, said developers and analysts. ....
Developers like Isprava Group and House of Abhinandan Loha are witnessing a surge in interest from millennials in Mumbai, Bengaluru, Pune, Delhi, and Hyderabad. The convenience of managing these investments through digital platforms and the flexibility offered by remote work trends are making second homes a practical and appealing choice for young professionals seeking a balance between work and leisure. ....
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. ....
With second-home fractional ownership, a highly popular practice in Europe s richer neighbourhoods and the US, gaining currency in India, doing so would need you to neither break the bank, nor sacrifice returns on investment. ....