High-end Buyers Rushing to Buy Holiday Homes

Owning a luxurious flat or a home in one of the top hill stations is a dream we all have seen and wanted to come true from the first time we visited a beautiful hill station and today such dreams are coming true for many high-end and middle management buyers who are splashing out cash to purchase their dream holiday homes in some of the country's most popular hill destination and the race it seems has just gained pace. Ever since the laws for owning a real estate property has been relaxed in the hilly states of North India such as Himachal Pradesh and Uttrakhand there has been a huge rush of entrepreneurs, retired professionals, industrialists and top executives to purchase land or a holiday vacation there.

The dream holiday homes that gets you out of the monotonous, tiresome and tiring life of the city to a place where you can totally leave your world behind you with just your family, close friends and/or pet for company is now a reality for many high-end individuals who have invested heavily in recent years in real estate in the hill towns of Shimla, Kasauli, Rishikesh, Coorg etc. These holidays have been built keeping in mind the need for tranquility, freshness and nature by the buyers.

A holiday In has dual advantages to offer to its owners who can either use it as a holiday for their purposes during a weekend or a vacation or rent it out to travelers who are always looking for such accommodation to have a more holistic experience of the destinations. The venturing into renting of the home is a great way to earn extra income which can be used to make the house pay for itself, that is, its EMIs. No wonder than that with such great opportunities attached to a holiday homes in India many are willing to purchase a second home in such popular tourist destinations.

With such great demand and potential large development companies are now investing into gated townships and villas in some of the popular hill destinations like Shimla, Kasauli where one can development projects of Tata Housing Group, DLF and Fire Capital. A holiday home in India is a really great investment and the culture is really appealing and catching up with the high net worth individuals of the country and people love to stay in holiday homes in different places while travelling as they get the feel of comfort like home.