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, and remote working culture. The second home quadrant report has covered a wide range of destinations including Goa, Sindhudurg, Dehradun, Rishikesh, Narendra Nagar, and Haridwar.

“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. At the same time, spiritual tourism is driving demand in Ayodhya, positioning it as an emerging real estate hotspot. 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.