Holiday Home Times

India

An interview with Raama Krishnan on Ooty’s Holiday Home Property Trends

K.R. Hari Raama Krishnan Krishnan K.R. Hari Raama Krishnan for the last eight years has seen Ooty’s real estate market very closely as it transformed from being one of the most visited tourist destination to being a top holiday home buyer’s destination in South India attracting buyers to own a peace of mind in the Blue Mountains. As the CEO of Harshav Real Estates, Mr Krishnan Krishnan in an exclusive interview to Holiday Home TimesRead the rest “An interview with Raama Krishnan on Ooty’s Holiday Home Property Trends”

Himalayan Ski Village’s Current Status – Whose Fault was it Anyway?

In our last article we had taken a look at the stalled Himalayan Ski Village project that was planned to be built in Manali in Himachal Pradesh. In this article we will take a look at all the reasons and issues behind the opposition to stop its construction and also try to find out whether these issues were actually justified as claimed.

The project soon after its approval was vehemently Read the rest “Himalayan Ski Village’s Current Status – Whose Fault was it Anyway?”

Himalayan Ski Village – a Tourism Project gone Sour? Part 1

Himalayan Ski VillageTheir website is not functional, call up their office and no one picks the phone, a different office is now running from their office in Delhi and the promoters are either not reachable or they decline to comment. That’s the story of the $350-million (Rs 5,000-crore) Himalayan Ski Village project pioneered by Alfred Ford, the great grandson of the legendary Henry Ford in Manali in India’s Himachal Pradesh. 

In the Read the rest “Himalayan Ski Village – a Tourism Project gone Sour? Part 1”

Tips for NRIs in Getting a Safe Deal while Buying Property in India

 

NRI property guideNRIs may often find it quite daunting to decide on a property and get a safe deal on it. With some many locations to choose from, the traditional manner to request friends, relatives and acquaintances to search for the right one is no longer effective. The saving grace thought today is that many reputed real estate developers have started offering complete services in this regard for NRIs in order Read the rest “Tips for NRIs in Getting a Safe Deal while Buying Property in India”

NRIS – Get the right real estate agent

For Non Resident Indians (NRIs) and Person of Indian Origin (PIO) buying a property in India sometimes seems to be a far-fetched dream. You must be putting off this decision thinking there is too much red-tape, may be cheated, or likely to get into unnecessary hassles! Right? I think it’s time you keep your apprehensions and fears aside because in this article we will tell you the possible pitfalls of Read the rest “NRIS – Get the right real estate agent”

Financing Options and Tax Implications for NRIs Buying Property in India

Financing Options and Tax Implications for NRIs Buying Property in India

Real estate lawsThe procedure for NRIs and Person of Indian Origin (PIO) has been greatly simplified for encouraging them to invest in real estate. The Reserve Bank of India (RBI) and FEMA regulations have categorically specified the kinds of investment that is permitted for NRIs in the real estate segment.

First of all you do not need RBI permission to buy residential or commercial property. You have the permission to carry out Read the rest “Financing Options and Tax Implications for NRIs Buying Property in India”

Why India will always be a great place for NRIs to retire

NRI property guideProbably 9 of 10 NRIs who are contemplating on buying a property in India will be asking the same question: “Is it a good decision and time to buy a property now?” Contrary to this dilemma, actually there can never be a good time to invest in an Indian property as now! With so many pluses, in this article, we will outline all the reasons why you should seriously Read the rest “Why India will always be a great place for NRIs to retire”

Reader’s Choice – A Holiday Home Buyer’s Guide to Panchgani

PanghaniIn the last couple of weeks we had received several queries from our readers asking us to feature new holiday home destinations across the country. Amongst these destinations Panchgani a small enchanting hill station in Maharashtra was unanimously the choice of our readers. So in this article we will give you an overview of the holiday home market of Panchgani with some price indicators to help you decide.

But first Read the rest “Reader’s Choice – A Holiday Home Buyer’s Guide to Panchgani”

Holiday Home Property Market of Karjat and Reviews of Major Developments

Holiday Home Property Market of Karjat and Reviews of Major Developments

Karjat property guide

We have always maintained our view that with the skyrocketing property prices of holiday home destinations near Mumbai like Lonavala and Alibaug, Karjat, the picturesque town in Maharashtra’s Konkan coast in the foothills of Matheran, is soon going to be the holiday home buyer’s preferred location. Already one can see signs of growth of its nascent second home property markets with prices surging by each day. A well-known hill station Read the rest “Holiday Home Property Market of Karjat and Reviews of Major Developments”

Alibaug as a Holiday Home Buyer’s Destination and Top Ongoing Developments

Alibaug as a Holiday Home Buyer’s Destination and Top Ongoing Developments

Alibaug has always been a leading weekend destination for Mumbaikars. It’s proximity to the city makes it very accessible for South Mumbai and for this reason, since the late nineties, Alibaug has seen tremendous growth in the real estate sector with several good developers working here. Apart its proximity to Mumbai, many other factors make Alibaug an attractive second home destination. Not least among these are the availability of a Read the rest “Alibaug as a Holiday Home Buyer’s Destination and Top Ongoing Developments”

Holiday Home Buyer’s Guide to Lonavala and Some Best Developments

Holiday Home Buyer’s Guide to Lonavala and Some Best Developments

Unlike other upcoming holiday home destinations in the vicinity of Mumbai and Pune, Lonavala has always been considered as one of the best holiday home destinations to invest. Why we recommend Lonavala to our readers is because of the fact that this picturesque hill station is located in the Sahyadri range and is only 2 and half hour’s drive from Mumbai has everything you can ask for when you are Read the rest “Holiday Home Buyer’s Guide to Lonavala and Some Best Developments”

Holiday Home Projects in North India (Holiday Homes Near Delhi)

Holiday Home Projects in North India (Holiday Homes Near Delhi)

The holiday home market in North India, especially around Delhi, is mainly dominated by buyers from cities like Delhi, Gurgaon, Chandigarh, etc. who are looking to invest in a vacation home. With the mountainous states of Himachal Pradesh and Uttarakhand just a couple of hours drive from these cities, these two destinations have emerged as major holiday home investment destinations. It is perhaps safe to say that most North India Read the rest “Holiday Home Projects in North India (Holiday Homes Near Delhi)”

Top Retirement Destinations in India

Top Retirement Destinations in India

Ideally three factors affect a person’s decision to choose a place to retire – its weather, availability of healthcare services and proximity to basic amenities. Affordability is another major factor. And for those who are retiring young, they chose a place where they can engage themselves in something that is not as hectic as a job in a metro, but at least gives them some running cash and more importantly Read the rest “Top Retirement Destinations in India”

Buying land in Uttarakhand – Restrictions and Certain Land Law amendments

Buying land in Uttarakhand – Restrictions and Certain Land Law amendments

Can one buy land in Uttarakhand? What are the restrictions? Certain amendments had been made to the land laws of the State, but what are they? If these are the questions, the answers of which you are seeking, then read on…

For long we have been receiving queries surrounding land laws of Uttarakhand. So we decided to meet a couple of people who are in the real estate segment to Read the rest “Buying land in Uttarakhand – Restrictions and Certain Land Law amendments”

Know the Satbara Extract (7/12) Before you Buy Land in Maharashtra

Know the Satbara Extract (7/12) Before you Buy Land in Maharashtra

In India there are many different terms in the land acquiring process which are used in certain regions or states and are completely alien in other parts. So for a person who wants to buy a plot in a state or region which he is not familiar with, it’s very important to know the local terms used to do away with all confusion.

One such land record term used in Read the rest “Know the Satbara Extract (7/12) Before you Buy Land in Maharashtra”

Non-Himachali Wanting to Buy Land in Himachal Pradesh

Non-Himachali Wanting to Buy Land in Himachal Pradesh

Although you can now buy your holiday home in places like Kullu, Kasauli and Shimla where developers have come up with some projects, on a broader scale there is a lot of confusion on whether a non-Himachali (non-resident of Himachal Pradesh) can actually buy a plot of land or a house in the state to build his dream holiday home. So whether you are buying a plot of land or Read the rest “Non-Himachali Wanting to Buy Land in Himachal Pradesh”

Bungalows Plots in UshaWoods in Karjat – Should you Invest here?

Bungalows Plots in UshaWoods in Karjat – Should you Invest here?

 

UshaWoodsWhen I spoke to the developer today I was a little surprised. Karjat, the picturesque town in Maharashtra’s Konkan coast, is situated in the foothills of Matheran and is a well-known hill station in Maharashtra. The easy accessibility to Karjat from Mumbai has made it a prime weekend getaway.

However it’s been almost a year since I first reviewed this development and the prices of the plots have not Read the rest “Bungalows Plots in UshaWoods in Karjat – Should you Invest here?”

Reso Villa – Disha Direct’s Villa Project in Wada

Resto VillaDisha Direct Marketing Services Pvt. Ltd. a leading real estate marketing organization and pioneer of second home concept has recently launched a villa/ bungalow project about 93 kilometers from Mumbai. The Reso Villa project, spread over a 82-acre green campus, has been planned as a second-home destination for those who want to own a second home away from the hustle-bustle of the city.

The company itself is marketing the Read the rest “Reso Villa – Disha Direct’s Villa Project in Wada”

Tranquille Coast – Fully Furnished Studios in Alibaug

Tranquille Coast, AlibaugAlibaug a leading tourist destination in West India needs no introduction. A weekend destination for many of India’s who is who, it’s close proximity to Mumbai and Pune has made it a most sought-after weekend destination for not just the wealthy, but also for those who seek to take a vacation in one’s own house near the beach away from the hectic city life. The trend that caught up particularly Read the rest “Tranquille Coast – Fully Furnished Studios in Alibaug”

Belvederre Villas by Ashray Real Estate Developers in North Goa

Belvederre Villas, GoaBeyond the wonderful tourist destinations and fanfare of Goa’s beach life and night-long parties, lies the real Goa – unspoken greenery, a rich heritage and golden rice fields fluttering in the cool December breeze – well, that’s Pilerne in North Goa for you. Just a couple of minutes away from the touristy beaches of North Goa like Candolim, Pilerne is an area tucked away in the green fields overlooking the Read the rest “Belvederre Villas by Ashray Real Estate Developers in North Goa”