Is This The Right Time To Invest In A Holiday Home?
Talking about how demand for holiday homes is gaining traction amid pandemic, Aditya Kushwaha, CEO and director Axis Ecorp, says, “In this post Covid-19 phase, when most corporate professionals are working from home, geography is no longer a constraint.
Homebuyers are seeking a perfect balance between work and personal life and this, in turn, has fuelled the concept of the holiday home. After being confined to their homes, most people are looking for an abode that is away from the hustle and bustle of city life.”
He further adds, “Even from an investment perspective, second homes in non-Metro cities are a good investment option as they offer higher capital appreciation compared to homes in metros, especially during Covid-19, when alternative options have delivered diminishing returns.”
