Indian real estate demand is rising throughout the holiday season. Since the RBI just maintained the repo rate, homeowners may take advantage of low lending rates and invest now. We examine the main drivers of real estate market development over this time.

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.

Following the epidemic, second homes in India have become more popular as people flee polluted cities and regard them as great investments. In Himachal Pradesh and Uttarakhand, Jim Corbett, Rishikesh, Nainital, and Kasauli are popular vacation rental destinations.

Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.

From January 2022 to October 2023, Indian real estate developers bought 3,294 acres of property, 44.4% of which was in Tier 2 and 3 cities.

Eldeco Group has bought a 30-acre Himachal Pradesh plot for luxury holiday villas. To meet rising demand for holiday homes, the company is considering other projects in Uttarakhand and Goa.

After Sebi proposed to regulate all online platforms that allow fractional ownership of real estate assets, experts expect holiday home fractional ownership, which is still new in India, to gain support.