Second home, the buzzword of the West, is gaining its momentum in India. The idea of a village complex with state-of-the-art facilities where one can have frequent holidays and exotic vacations is a reality these days. Once bought, this immovable property can be used for recreation by the owner, or may be used for office purpose, or even be rented out for some extra income. In my Opinion, the Tivoli Holiday Village (THV) of the Tivoli Group is the first step in this regard. These Luxury Residences are specially designed for connoisseurs and elite up-market clients and the concept has won accolades. The Company has successfully sold out more than 50% of THV in last two months.

Now more and more realty majors are endeavouring to position the development of second home concept as a holiday destination closest to the NCR and as an up-coming leisure and condo destination. This holiday condominium will make the immovable property market to grow exponentially by exposing Delhiites to a new, all encompassing entertainment destination. This concept is also garnering pace at tourist destinations like Goa Nainital, Dehradun etc. The holiday home is the combination of perfect hospitality and unimagined holiday experience. The wonderful ambiance, alluring surroundings and appealing luxuries at one place provide the professional routine bound life to relax, rejuvenate and enjoy family holidays.

The holiday homes come with complete in house housekeeping services, Laundromat through IFB, centralised security system, access card keys, complete interiors including all furniture, LCD TVs, laptops, music system, electrical fixtures, bath room fixtures, complete kitchenette with chimney , hob, crockery and cutlery - even bath towels in the wash rooms! The immovable property majors are planning to complete their second home projects in Delhi before the 2010 Commonwealth Games. The second home project at Goa will be completed by the end of 2008. As an close observer of the Indian reality market, I personally feel that the second home concept is going to be a hot cake very soon.