Your vacation home in a tourist destination can fetch you rent (Stock photo)
In Karjat, a popular weekend destination for adventure lovers and tourists situated in the proximity of both Mumbai and Pune, private developers such as Pushpam Group are offering villas which they call ‘kamanewala ghar’ (a house that enables you to earn).
How does it work?
Upon purchasing a house in a project such as Pushpam Sanskruti at Karjat, the buyer gets to use the house for a fixed number of days of the year. During the rest of the year, the builder offers these resort homes to tourists and vacationers. A part of the revenue or profit generated is shared with the homebuyer. Thus, besides owning a home at a holiday destination where he can vacation from time to time,
First Published: Jun 15 2023 | 11:45 AM IST