Real estate advisors caution Indian homebuyers that Italy's €1 home schemes involve significant hidden costs, complex legal requirements, and mandatory renovations, making them far less attractive than advertised for international investors seeking European second homes.

Indian investment in international real estate has doubled to 22% among the super-rich in 2025. Dubai leads with 5-7% yields and Golden Visa benefits, while European cities offer up to 8.47% returns, marking the largest wealth migration on record.

Lavasa City, India's ambitious ₹25,000 crore private hill station near Mumbai and Pune, transformed from a luxury European-style dream into a cautionary tale of environmental violations, financial collapse, and stalled development.

Wealthy Indians are increasingly channeling their investments into real estate markets in the UAE and Europe, driven by the allure of high rental yields and enhanced lifestyle options.