(Holiday) Home is where the hill is: Top developers look to cash in on rising demand for second homes from Delhi-NCR residents

New Delhi: Hill stations in North India remain a strong choice for Delhi-NCR residents preferring a holiday home mainly due to their convenient proximity and cooler climes despite Goa’s allure. Demand for second homes surged after the pandemic as many sought to escape from crowded and increasingly polluted cities besides having a potentially appreciating investment. Rishikesh, Nainital, Kasauli, Jim Corbett, and other regions in Himachal Pradesh and Uttarakhand have emerged as the top destinations. DLF and Tata Housing have already launched luxury housing projects in Himachal Pradesh with Eldeco, Sushma Group, and Sabh Infra being the newest in the fray. “Demand for holiday homes has been growing in recent years in North India due to improved infrastructure and connectivity, along…

Source: Economic Times
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