Homes that speak the language of your dreams, Homes that revive the pure magic of special occasions, Homes which connect you with your inner self, In fact not just a home but an investment for generations and also a home to stay after retirement, in simple words Second Home. This research reflects the results of research on second home development in Himachal Pradesh. Despite its prevalence, Second Home tourism has to date, not been investigated on any level by the ministry or its management arms. There are currently no official and publicly accessible findings regarding the number, type, or location of these owners, nor any research conducted regarding the impacts of their presence. In the vast absence of this information, this research investigates some of the impacts of this form of ownership in Himachal Pradesh (India). The study examines the perceptions of Second home within local communities, as they apply to environmental, social and economic effects. The methods employed include literature reviews, semi-structured, key informant interviews and structured interviews with local residents and second home owners. The book will be useful to Builders & Real Estate Companies.