Pandemic spurs demand for second homes, say realtors
The Hindu
Work-from-home, rising safety concerns cited as reasons
The COVID-19 pandemic seems to have spurred the demand for weekend and second homes in key markets, according to real estate developers and analysts. Mumbai-based Nirvana Realty said it recently sold more than 400 weekend homes at its Signature Resorts near the city. “We are also launching a project where we will develop custom-built Royale Pool Villas at Wollywood, Wada and Viroha, Dahanu,” said Punit Agarwal, MD and CEO.
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