This has resulted in an upsurge in plotted development and holiday home projects in peripheral areas of tier-1 cities and exclusive and scenic locations in close proximity to metro cities. Corporate developers including Mahindra Lifespaces, The House of Abhinandan Lodha (HoABL), Arvind SmartSpaces, TVS Group and Hiranandani Group have recognised the value in this format and have either entered or planning foray into this segment.
