Vacation rentals are the new buzzword in rental market in India which refers to renting out furnished apartment or house on a temporary basis to tourists as an alternative to a hotel. Vacation rentals have in the recent years become more popular due to the congenial atmosphere it provides to the customers while providing for the facilities of living in a hotel.
The services provided by the various real estate agencies in India offer vacation rentals that cater to vacation rental apartments, villas, condominiums, cottages, and many other short-term holiday properties. The vacation rental properties in India are available in various specifications to meet the demand of clients - based on their tastes and budget.
As cities in India opens up its market to the large number of service sectors like the IT, ITES and BPO, there is also a growing demand for vacation rentals for mainly expatriate and executives who visit the city on flexible durations and many of the foreign workforces who would like to bring their friend and family into the country for a visit. These vacation rental properties are generally provided with all the necessary amenities and provisions to make life comfortable in the stay.
The specifications of vacation rental properties in India are available in the form of rooms, suites which have more or less standard facilities like air conditioning, phone, in room refrigerator, television, patio and even recreational facilities. High-end vacation rentals also provide additional recreational facilities like outdoor sports, entertainment, swimming pools, club membership etc.
Cities like Gurgaon, Noida, Delhi, Mumbai, Chennai, Bangalore,
etc are gradually developing into a hub for vacation rentals
as some of the leading metros in India have already tasted
success. This is mainly due to the services offered which
equal that of the hotels but at much lower costs. It is
said that vacation rentals in Gurgaon offer five-star facility
at three-star costs.
Emerging Scenario
Vacation rental is a popular option in the countries of Europe, Africa and the US. The concept is a potential one and gradually gaining space in the hospitality sector in India.
Vacation rental services has a number of offerings that one can pick from. The services range from a basic stay to luxury holiday with private swimming pool.
Goa leads the bandwagon in vacation rentals. Especially tourists from abroad stay here for periods as long as 1-3 months, owing to its pleasant weather between the months of September and March. And taking a beachside apartment makes a perfect sense vis-à-vis the comfort and cost-effectiveness. Vacation rentals in India are also gaining ground primarily at popular tourist spots. Goa, Shimla, Manali, Ooty, Mussoorie, Mysore to name a few.
By far, you enjoy a great do-it-yourself break for recreational or adventure pursuits, staying at these places. Nevertheless, some of you might be having special interests-golfing, skiing, water sports etc.There are apartments for rent in skiing resorts like Auli located in Garhwal Himalayas.
Rental rates for Vacation rentals may vary from place to place depending on the quality and facilities available. Moreover, services like cooking facilities, internet connection and even housekeeping services in some have made vacation rentals properties a much viable and affordable option which offer the comforts and privacy of a home away from home.