Real Estate

While a large section of India’s population is still struggling to have a roof over their heads, and crores of citizens are buying their first homes in their 30s — entering into loans lasting years and paying EMIs until retirement — in contrast, another segment of wealthy individuals is buying second or holiday homes. These are in picturesque locations across the country: some to upgrade their lifestyle, some for peace of mind, and others to work in tranquility. According to analysts, this trend is accelerating in the post-pandemic era. Topping the list of second home destinations is Goa, followed by…

The 2.5 BHK can be a practical choice for middle-income earners. | Photo Credit: Getty Images/ iStock There is slow yet substantial change taking place in the Indian urban setting. As the standard of living improves and cities become more congested, homebuyers — especially in the Indian context — seek smarter and more adaptable, flexible housing solutions. The 2.5 BHK configuration seems to be gaining popularity among working professionals, nuclear families, and even investors.The change has only accelerated in the last two decades because of socio-economic factors such as the rising availability of remote work, urban migration, nuclear families, dual-income…

For today’s celebrities, many of whom have become High Networth Individuals (HNIs), real estate has become more than just a status symbol. It has become one of their strategic investment tools.The economic liberalisation of the 1990s has opened up vast opportunities for Indian celebrities, ranging from films, brand endorsements, a growing number of multiplexes, rising international appeal, global tours, social media exposure to OTT platforms, adding tremendously to their income, according to analysts.As their earnings soared over the past few decades, many of them entered the league of HNIs and Ultra High Net-Worth Individuals (UHNIs) with a growing interest in…