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Holiday home demand tapers off as rentals fall

Holiday home demand tapers off as rentals fall The Economic Times

The surge in demand for holiday homes has diminished from its peak a year ago as the era of widespread remote work comes to an end with most companies now requiring employees to return to office, real estate professionals said. Developers in Goa and the country’s hilly regions said property purchases are now predominantly driven by individuals seeking permanent residences even as a fall in rental incomes is compelling many investors to reconsider their involvement in the market and explore alternative investment opportunities

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