Co-ownership of holiday homes is finding takers in India and democratising the luxury market segment
For generations, villas in sleepy seaside towns and cottages in remote hill-stations lay vacant for most of the year. Only the affluent could afford this luxury, requiring sizeable investment and extensive maintenance — all for an average stay of 40 days a year. Common sense informs that these homes do better when shared. In 2020-21, … Read more