Final Up to date:March 30, 2025, 12:15 IST
In 2024, Indian girls hosts on Airbnb earned ₹260 crore, with 56% getting 5-star critiques. Influencer Deepika Shrivastava earned ₹91 lakh in two years. Key elements: location, property kind, pricing.
Influencer Deepika Shrivastava, who has almost 40,000 followers on Instagram, says she left her job two years in the past and shifted to Goa to start out Airbnb enterprise there.
Renting out properties on platforms like Airbnb has grow to be a viable revenue supply for a lot of in India. In 2024, Indian girls hosts, comprising almost 30% of Airbnb hosts within the nation, collectively earned roughly ₹260 crore, with over 56% receiving 5-star critiques from company.
Influencer Deepika Shrivastava, who has almost 40,000 followers on Instagram, says she left her job two years in the past and shifted to Goa to start out Airbnb enterprise there.
“In first two years of enterprise, I earned a income of Rs 91 lakh between March 2023 and March 2025,” she stated, including that all of it occurred regardless of her partying, holidayings, and travelling as common.
How Did She Begin Her Enterprise?
1. She leased a 2 BHK condo from its proprietor for long run.
2. Listed it on platforms like reserving.com and AirBnB for travellers to reserving for a each day leases.
Within the first yr, she earned a reevenue of Rs 36 lakh from three Airbnbs. Nevertheless, this yr, she is closing a income of Rs 55 from 5 properties.
What’s The Profitability?
Profitability Components:
•Location: Properties in vacationer hotspots or enterprise hubs have a tendency to draw extra company.
•Property Sort and Facilities: Distinctive stays with trendy facilities typically command greater charges.
•Pricing Technique: Aggressive pricing aligned with market demand can improve occupancy charges.
What’s The Pattern? Trade Gamers Converse
Ravindra Gandhi, managing director of Tirasya Estates, stated, “Brief-term leases at the moment are a worthwhile funding choice, permitting property homeowners to obtain common returns whereas capitalizing on the surging demand for experiential stays. Areas like South Goa’s Majorda and Benaulim, with their peaceable seashores and high-end allure, are seeing elevated demand from discerning vacationers.”
We discover this pattern and are arising with ultra-luxury villas that mix privateness with excessive rental yield potential, making them the proper funding choice for these eager to catch the booming hospitality-fueled actual property wave, he stated.
Ankit Kansal, MD of SKYE, stated, “The idea of leasing second properties/ villas/bungalows is turning into a significant supply of recurrent rental revenue for a lot of property homeowners. A large portion of leisure, enterprise and solo travellers now don’t want mainstay lodges and resorts. Somewhat they’re getting intrigued by the idea of rental villas & personal homestays with restricted but extra enriching amenities.”
He added personal villas provide an unique, tailor made and immersive journey expertise, which is making it a giant hit amongst new breed of travellers. The spurt in distant working and digital nomad tradition is additional serving to the phase, as it’s instantly fuelling development within the lengthy keep rental market. Personal villas are extra apt for lengthy leases in comparison with common lodges. In the meantime, with emergence of gamers equivalent to Air BNB, Rental Gram, Sohono Stays, Saffron Stays, and so on. the general phase is witnessing an unprecedented quantity of group. These platforms are organizing the market and providing a unified platform to property homeowners.
Tax Implications:
Revenue from short-term leases is taxable below the Revenue Tax Act of 1961. The classification relies on the character of the rental exercise:
•Revenue from Home Property: Occasional leases of a residential property fall below this class.
•Revenue from Enterprise & Occupation: Working a number of properties or operating the rental like a enterprise could classify the revenue accordingly.
Tax Deductions:
•Normal Deduction: A 30% deduction on Internet Annual Worth (NAV) for upkeep and repairs below Part 24(a).
•Residence Mortgage Curiosity: Deductions as much as ₹2 lakh per yr on curiosity paid, below Part 24(b).
•Depreciation and Repairs: Depreciation on furnishings and home equipment might be claimed if the revenue is classed as enterprise revenue.
•Utilities and Internet hosting Prices: Bills like electrical energy, Wi-Fi, and cleansing companies are deductible when working as a enterprise.
High Indian Areas for Brief-Time period Leases:
•Goa: A perennial favourite amongst vacationers, providing excessive occupancy charges.
•Delhi: The capital metropolis attracts each vacationers and enterprise vacationers.
•Bengaluru: A significant tech hub with a gentle inflow of tourists.
•Pune: Recognized for its instructional establishments and rising IT sector.
•Jaipur: A cultural hotspot drawing quite a few vacationers yearly.
Rising locations like Varanasi, Ahmedabad, and Mathura have additionally seen important will increase in bookings, indicating potential for worthwhile short-term leases.
Earlier than investing, it’s essential to conduct thorough market analysis, perceive native laws, and assess the demand in your chosen location to maximise profitability.
