India’s real estate sector is witnessing a significant transformation as serviced residences move from niche to mainstream investments.
A Colliers report highlights how these properties are gaining popularity, driven by changing travel habits, longer stays and the growing culture of remote and flexible work.
The shift reflects a preference for professionally managed, branded residences over traditional hotels, offering investors both rental income and lifestyle benefits.
Beyond Tier-I cities, new investment hotspots are emerging in tourism-led locations such as Goa, Rishikesh and Kasauli.
While serviced residences in major metros like Mumbai, Delhi, Hyderabad and Bengaluru command prices between Rs 19,500–Rs 25,000 per sq. ft, tourist destinations offer lower entry points, ranging from Rs 8,500–Rs 11,500 per sq. ft.
This pricing advantage is drawing both investors and second home buyers seeking returns alongside personal use.
Goa stands out as a leading destination, evolving from villas to serviced apartments with strong hospitality tie-ups, tourism driven demand and improved infrastructure.
Combining home-like comfort with premium hotel amenities, these residences cater to both leisure and business travellers, signalling a major paradigm shift in India’s property landscape.