As urban life continues to hustle and bustle, there is a growing trend of residents seeking solace in the tranquil environs of upcoming realty hotspots near India's metropolitan cities. These picturesque locations are becoming highly preferred choices for weekend getaways, offering a much-needed escape from the chaos of city life. From lush green landscapes to scenic vistas, these real estate hotspots promise the perfect blend of natural beauty and modem living.

Industry experts and stakeholders say that the harmony between urban amenities and the tranquility of these locations is a testament to the meticulous planning and execution by real estate developers. According to Dr Niranjan Hiranandani, national chairman, NAREDCO, there is an increase in the demand for plotted developments and villa homes around the periphery of a metropolis, as these investments are extremely profitable and affordable for many homebuyers.

Avneesh Sood, director, Eros group informs that investments in these properties are expected to reach 100,000 crore by 2025, showcasing a doubling of interest from ₹50,000 crore in 2023. With a promising CAGR of 20%, these realty hotspots are where the future lies. "This trend showcases the versatility of India's real estate market, catering to the diverse needs and aspirations of its residents," says Muskaan Sarin, director, TARC Ltd, adding, "Whether you seek a second home, a vacation retreat, or a serene place to call home, these upcoming realty hotspots near metropolitan cities have something for everyone."
Anand Shukla, MD, Ashrai Infra is of the view that these picturesque locations have become more than just destinations; they' have now emerged as hotspots, driving the ongoing property boom. "The continuous development and the advent of numerous residential projects in these areas offer not just a good weekend getaway, but an opportunity for investment and long-term fulfilment," says Shukla.

In 2023, as Sarveshaa S8, MD, Bhadra Group, says that weekend escapes and real estate investments are taking on a new meaning because of the serene charm of emerging real estate destinations close to South India's major cities. Areas such as Hosur, Devanahalli, and Doddaballapur, around 40 km from Bengaluru, have become popular weekend getaway spots for people who are fleeing the never-ending tumult of the city, Captain Srinivas, CEO, Cornerstone Group finds Varthur too as a prime locality on the periphery of Bengaluru. "Over the past few years this area has been witnessing accelerated development," says Srinivas.

Santosh Kumar, vice chairman, Anarock Group locates some of the top markets in South India that gained prominence. Near Chennai, major second home hotspots include Mahabalipuram and Kovalam Main Road on ECR with beach-front properties. In Hyderabad, he identifies Srisailam Highway and Kadthal as favourite second home destinations.

In Mumbai, Alibaug and Karjat draw a major chunk of second homes demand. "While average prices in Alibaug range between 6,000 and 12,000 per sq.ft, in Karjat, they are fairly lower at 4,000 and 27,000 per sq.ft.," updates Kumar.

Additionally, Karjat's protected green zone status safeguards the natural beauty, promising an environment free from overcrowding and pollution. Realty major Kalpataru group has forayed into plotted development with 'Kalpataru Aria' as a unique product for discerning homebuyers. "Plotted development is a unique milestone. In Kalpataru's journey and with this project, we're not just offering homes, we're providing a chance to build a lasting heritage for generations to come," proclaims Parag Munot, MD, Kalpataru Limited.

The project seamlessly combines picturesque landscapes, excellent connectivity, and a vibrant community, offering an unparalleled lifestyle. "The overwhelming response to the phase one of the project has been encouraging. We're confident that Kalpataru Aria will be a remarkable investment for high-net-worth individuals, whether they see it as an investment destination or a second home, adds Munot.

As per Aditya Kushwaha, CEO & director Axis Ecorp Goa stands out as a frontrunner due to its pristine beaches, vibrant nightlife, and rich cultural heritage, all within quick reach of major cities like Mumbai and Bangalore. This accessibility has fuelled a surge in real estate demand, with investors seeking the perfect blend of leisure a wise investment puts in Kushwaha.

In New Delhi, farmhouses at Chhattarpur, and Mehrauli-Gurgaon Road have seen a growing demand. "Properties here start at a whopping 10 crore and go all the way upto 100 crore, further informs Kumar.

Sushma Group's "Sushma Elementa has also been witnessing great response from buyers as it promises higher returns due to its strategic location. "We are also coming up with a new project on a similar line to ensure that our customers get ample options to choose from," asserts Prateek Mittal, ED, Sushma Group

People seeking peace and a serene lifestyle are also turning to cities like Kasauli, Rishikesh, and others offering luxury living at par metro cities. "The proximity of these cities to Delhi-NCR has also increased the demand for holiday homes, and it is expected to continue rising in the coming years," avers Amar Kapoor, CEO, Terra Grande, Eldeco Group.