India, Aug. 11 -- An Indian founder and investor has revealed that a Goa villa he purchased for Rs.2 crore in 2023 now brings in Rs.1 lakh per month as revenue through Airbnb. Akshat Shrivastava, founder of Wisdom Hatch, explained the economics of running a rental in Goa in an X post yesterday. He was responding to a post criticizing Parul Gulati, another entrepreneur who owns a homestay business in Goa.

(Also read: Parul Gulati admits she's not earning Rs.40k/night from Goa Airbnb: 'Reality hit me')

Akshat Shrivastava revealed that he bought a 3BHK villa in South Goa roughly three years ago. At that time, the property cost Rs.2 crore. Today, its value has risen to Rs.2.7-2.8 crore.

The entrepreneur explained that he has entrusted the ...