Every year, lakhs of people migrate to Mumbai with dreams in their eyes. But although this place fulfils everyone's desires, there's little it is able to offer in terms of relaxation or peace. Corporate and Business life rules over the week, resulting in weekends where one is frantic to find some quiet and greenery.
To deal with this growing stress, people have started investing in vacation homes away from the city; places within a few hours' distance that serve as good investment options for vacation homes:
Pune: Close to Mumbai, Pune is the fastest upcoming metropolitan city in the country. It has grown twice as compared to other cities in the last three years. Pune is also known as the cultural capital of the country. Over the years, it has invited the attention of many multinational companies, generating a large number of job opportunities. An increasing number of real estate developers are coming up with projects in Pune and it has now become one of the hot investment options near Mumbai.
Goa: One of India's most popular tourist destinations, Goa is now also one of the most preferred second home investment cities in India. Some of the prominent property developers in Goa like Sun Estates have their properties designed by acclaimed architects from around the world that place considerable focus on privacy. Their properties are a harmonious balance of lush green design coupled with great accessibility to prime areas of Goa, making them perfect 'second homes' for people who need their breaks from city life.
Panvel: Panvel (part of Navi Mumbai) has become one of the most advanced and well planned regions around Mumbai city. Realty prices here are constantly rising due to the proposed 22KM sea link between Sewri and Nhava Seva, that promises reduced travel time to Mumbai city. It also lies in proximity to the upcoming international airport in Navi Mumbai. A good place to invest for investments sake - as a home - maybe not as much.