Second Home near Mumbai - Pushpam Sanskruti

  The concept of owning a second home or a holiday home in a distant location has been a trend in India for a long time now. The purchasing power of a second home however was vested in the affluent class of the Indian society. These second homes served as a holiday destination or a family reunion place usually termed as bungalows or farmhouses in the past. The word, ‘second home’ has emerged very recently where a person, for example, residing in Mumbai purchases a property in Karjat or Lonavala, or Bhimashankar, or any other such destinations which are located far away from the regular chaos of city life.   The trend of purchasing a second home is quickly picking up with the post covid decline in the real estate market rates and the ease of getting home loans. Second homes usually come as an affordable luxury option where people are adopting it as a lifestyle choice and maybe earn income out of it. Buyers usually invest in properties that are developed by renowned builders...

  A recent look at the real estate market would show a sudden decline in the want of homes in urban cities. The reasons for this downward trend can be many, the foremost being the onset of a pandemic. Covid has made people dread crowded places and wanting a grand lifestyle in some isolated destination. While the other investments in the real sector have observed a decline, one category that has seen an upsurge is second homes.   Second homes have been in demand ever since the lockdowns, among the urbanites. Most working professionals are now working from home and therefore want to shift to a place that is lesser infiltrated with the town crowd, has all major amenities, and is preferably located in a holiday destination. Holiday destinations which are close to the cities, for example, if in Mumbai, places such as Karjat, Lonavala,   Matheran, Bhimashankar, etc has gained a lot of interest from the city dwellers. A peaceful location amidst the hills, with cool wind blowi...

  Long hours of work, getting stuck in traffic, going long distances to run the smallest errands – urban lifestyle can be excruciating at times. The rush and hustle-bustle of the city life make the urbanites seeking a location where they could retire in a calm and peaceful spot over the weekend. The need for weekend getaways has seen a sudden surge of late which has made realtors recognize the potential of second home investments. One such beautiful location near Mumbai which offers a splendid lifestyle is Karjat. Karjat is located amidst serene hills which makes it the best tourist spot near Mumbai. The influx of tourists and various government projects has made Karjat a potential space for real estate investment.   Karjat is a developing community wherein one can find plots and fully constructed homes at ease. These homes are majorly utilized as vacation homes by the owners, as a family or friends getaway during the weekends or festivals. A major factor that has made sec...