Source: Financial Express ( https://bit.ly/41O5djz )

Second home and vacation rental market in India is growing at a staggering speed with the current market sized over USD 3 billion. Indian buyers are now actively scouting for such properties in picturesque locations like Goa. The growth in the market is propelled by a slew of factors such as rise in income, demand for wellness-driven lifestyle, increase in staycations & remote working culture, etc.

“There is no dearth of data, insights, and research on residential, commercial, and retail real estate in India. However, when it comes to concept realty such as second homes or vacation rental industry, there is limited data-backed information available. To bridge the gap and create more analytical awareness, we churn out a lot of quality analysis and research reports on the subject. Our recent Second Home Quadrant Report is an extension of our endeavour,” said Ankit Kansal, MD, 360 Realtors.

“India’s second home market is experiencing unprecedented growth, crossing $3 billion, with Goa at the forefront of luxury real estate. The state’s blend of scenic beauty, world-class infrastructure, and high rental yields continues to attract discerning buyers. This surge highlights a growing preference for second homes that offer both lifestyle and investment value. Luxury real estate, in particular, is witnessing strong traction as buyers seek exclusive, experience-driven living spaces that promise long-term appreciation,” said Aditya Kushwaha, CEO & Director, Axis Ecorp.