Choose from row houses in Lonavala, farm houses in Delhi and villas in Ooty

A house away from home

Choose from row houses in Lonavala, farm houses in Delhi and villas in Ooty

The holiday homes segement in India is remarkably enduring, which which can be attributed to the Indian belief that two homes are better than one, and that the second one should provide what the first one cannot.

Typically, first homes are bought based on practical considerations like proximity to business districts. Prime, residential properties in Mumbai, Delhi and Bangalore, are extremely steep and the lifestyle quotient, low. In other words, in the final choice of first homes, Indian property buyers often sacrifice comfort and scenic locations in favour of daily commuting distances. This sacrifice is then compensated while buying vacation homes. Indians who buy holiday homes tend to have higher disposable incomes and are usually in the age bracket of 35years to 45 years. Many buyers purchase such homes as an investment, but some also look at it as a weekend getaway, and hence proximity to the city or town of the first home still plays an important role.