want to stay in an overwater bungalow or a water villa, you most likely are going to want to head to either the South Pacific (Bora Bora, Moorea, Tahiti etc) or the Maldives, which is just southwest of India. There are nearly 30 resorts with overwater bungalows in the South Pacific , and over 75 with water villas (as they are usually called there) in the Maldives. Between these two places you'll find literally ALL of the best overwater resorts in the world.
In many ways these two destinations are quite similar, but in many other ways they are very different. We'll discuss all of this below so you can choose which is the best destination for you.