Why student housing is gaining ground in India4 min read . Updated: 10 Jun 2019, 10:00 PM IST
- A growing number of real estate companies are trying to tap into the housing needs of millennials, especially students, migrating to urban areas
- Organized accommodations charge as much as or a little more than what you will pay for private hostels or lodges
More and more people are moving to big cities for education and jobs. While that’s been happening for a while, what’s changed now is that a growing number of companies are now trying to tap into the needs of new migrants, especially millennials. In the last few years, besides traditional forms of rented accommodations like hostels, paying guests and shared apartments, organized accommodations such as co-living and student living have come into existence, and these organized offerings come with better services and facilities.
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