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The retirement and second home market segment in India is expected to grow at a CAGR of 23.63% in the next 5 years, according to a report by 360 Realtors.
The current size of the market is USD 1.394 billion and is set to reach USD 4.021 billion by 2026.
At the onset of the previous decade, the concept of such home started becoming popular in the country. Goa became a natural choice, comprising around a quarter of the market. Goa offers sun, sand, and tremendous scenic beauty,thereby attracting a large volume of buyers.
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