Gujarat: Top choice for destination homes

Ahmedabad - The dream of starting one's day by a beachside or spending an evening on the hilltop and enjoying the view of the setting sun are being fulfilled by the growing demand of destination homes in Gujarat.

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 The state not only boasts of being far more developed in comparison to its counterparts but is also blessed with huge mountains and unending coastline which makes it a top choice for destination homes. The trend of investing in property at tourist spot or special location has been prevalent around the world since a decade now but Gujarat has joined this wagon much recently. In last two to three years, developers have come up with exceptionally decked up destination residences to cater the growing demands.

There is a huge shift in demand and a major flux in customers. Today's customer is far more exposed to various means of entertainment which has introduced an Indian family sitting in tier II city of India to lifestyle and living of foreign lands. Also the budding numbers of nuclear family has instilled growing need of recreational activities and majorly the disposable income is high which aids fulfilling such desires. Every consumer wants to have to best of money paid and want to make the most of every moment. This has infiltrated the dreams of living with extravagance that Bollywood movies depict -larger than life.

The major factors that are alluring larger number of buyers to Gujarat is its infrastructure, connectivity to major cities, safety and security. Also the development of the state and plethora of malls, multiplexes, eateries, and welcoming atmosphere play vital role. Gujarat has already made a mark on the world and the future projects that shall repay double the investment and surety of profit has turned professional investors here as well. Builder Raman Purohit says, "Dual Income, No Kids (DINK) families as well as investors are eyeing on locations near the big cities. At times bunch of our houses get booked together. Buyers look for five-star amenities and are ready to pay good."

Dwarka, Gir, Una, Silvassa, Jambughoda, Prabhas Patan, Vapi, Ahwa, Saputara are some of the most wanted locations for destination homes. Builders offer tenements, bungalows as huge as 3BHK, 5BHK and beyond with large lawns and backyards in lap of scenic beauty. Purohit further adds, "Among large number of options Dwarka and Gir's demand stays unmatchable. Builders from Mumbai and Delhi are seen coming up with projects here in Gujarat."

Approximately the prices range between Rs 40 to 70 lakhs depending on proximity to main location and amenities provided. Mumbaikar Seema Juneja, a homemaker who bought a home in Gir two years back, says, "Waking up to chirping birds and roaring lions, eating the world-famous mangoes and reclining in my backyard while breathing in the fresh air is simply an unparalleled experience. We often host parties here and make sure to visit our destination home in small holidays." Not only has this had her home appreciated beyond belief in just two years' time.

This segment is increasing the tourism and also boosting the realty sector. Gujarat has always been the huge market providing employment and now is equally increasing as the destination to lure travellers from here and abroad. Purohit adds, "Many NRI's and NRG's have also invested and make sure to be here every winter. An investment made today will soon give investors a big reason to cheer."

Source - TOI