Goa, Maharashtra lead demand for second homes: Savills India report

Goa and Maharashtra are leading the second home housing demand in the country as nearly 70% of respondents want to invest in a second home valued at Rs 2 crore or less, according to Savills India survey of potential home buyers.

The survey of 325 respondents from a mix of non-resident Indians (NRIs), high net worth individuals (HNIs), shows that 57-70% of them want to buy a second home within two years.

This short term deployment of less than two years is not only within the domestic market but also at the popular offshore locations. In contrast, the most attractive investment within India is with a horizon of less than six months.

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