₹9 Cr
Investment Size
11%
Expected IRR
Conoor
LocationLuxury Cottage Homes, Conoor, Nilgris
Why invest in this opportunity
These Cottage homes is nestled in the picturesque Nilgiri Mountains of Coonoor, Tamil Nadu. Its convenient location offers easy access to the nearby hill station of Ooty and its attractions. Well-connected by road, rail, and air, the project provides a tranquil escape for those seeking a serene and scenic getaway.
Accessibility and Location
Coonoor is a small tea garden town with pleasant weather throughout the year. This property is located just 10 mins drive from wellington gymkhana and coonoor club. The nearest market is also 10 mins drive away. Coimbatore airport is 2 hours 30 minutes drive from this place.
Market and Asset class performance
Vacation homes have emerged as a popular asset class, offering a blend of personal enjoyment and investment potential. The market for vacation homes has been steadily growing, driven by factors such as the rise of remote work, increased leisure travel, and the popularity of platforms like Airbnb. As an asset class, vacation homes can offer capital appreciation, rental income, and potential tax benefits.
Expected Growth Scenario
Investing in a vacation home in the Nilgiris offers significant growth potential due to rising tourism, the allure of weekend getaways, and increased remote work. The region enjoys steady demand for accommodations, leading to potential property value appreciation. The expanding luxury market and short-term rental opportunities through platforms like Airbnb can provide substantial income, particularly during peak seasons. Additionally, ongoing infrastructure improvements enhance the area's appeal. By considering local regulations and adopting sustainable practices
