The 6% yield secret: Why some platforms are betting big on leisure corridors

Key Highlights

• He had just finalized a ₹5.2 crore purchase of a three-bedroom pool holiday villa after a short meeting with the founders of luxury real estate company Isprava.“The idea was clear from the beginning,” said Narayan, 54, who returned to India in 2019 after spending around two decades abroad.
• “I wanted to stay there when I had time, but the rest of the year I wanted it let out.”Narayan took possession in March 2023 and listed shortly thereafter on Lohono Stays, Isprava’s hospitality arm.
• Since then, occupancy has hovered between 60% and 70%, with tariffs at around ₹30,000 a night.
• Narayan visits two or three times a year, typically when his children travel from the UK.
• The rest of the time, bookings, pricing, housekeeping and repairs are handled by Lohono. The arrangement works well for Narayan.