Sharing resources is at the heart of most of the innovative offerings today. Co-living is one such disruption led by nomadic millennials, who are redefining the meaning of 'living.'
Stanza Living has raised $5.7 million in debt financing from Alteria Capital, India's largest venture debt fund on December 10, making it the most capitalized player in the co-living segment in India
Space as a service is a critical component of the sharing economy that provides millennials the flexibility of living or working out of shared spaces without the headache of ownership or lease.
The co-living market in India is expected to grow at a compounded annual rate of 17 per cent in the next five years to become a nearly INR 1-trillion market, research shows.
Co-living housing is not just an emerging asset class but offers affordability, sustainability, flexibility, cost-savings and on-demand accessibility. Its a revolution.
Co-living is here to stay! It offers the best of both worlds for the Millennials and will be a preferred option for an increasing number of them, in the times to come
