India's Best Vacation Home Destinations

Wrapping up:

Apart from these aforementioned destinations, Mussoorie, Dehradun, Shimla, Kasauli, Ramgarh, Mukteshwar and Alibag are also an ultimate locations to buy vacation home in India.

"The reasons for buying a second home are mostly for investment purposes or for polishing up one's status," says Jimmy Mistry, Principal Architect and CMD of Della Tecnica, reports Namrata Kohli of TNN.

Additionally, almost 75 percent demand for second home comes from high net worth individuals (HNIs) and the upper middle class group fills the remaining percentage. Buying a second home is not necessary for many and it is more of a lifestyle boost. So, the availability of disposable income is necessary when buying second-home or vacation home.

Besides, before investing on vacation homes, it is important to research on the potential growth of the destination. As, capital growth is usually higher in places that attracts tourist round the year. If the destination attracts people other than tourism purpose, such as meetings, conventions, exhibitions and others, the demand for property will be continuous in such places, which in turn will increase demand for your property as well as it will be easier to find tenants for your vacation home.