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While the co-living market size across India's top 30 cities was expected to grow to $14 billion by 2025, with social distancing becoming the new norm, Indian co-living startups are unsure about how it could shape people's mindsets with respect to community living
While the 3-week-long lockdown has brought about disruptions across sectors, start-ups have stepped up with different initiatives to help support the government and the people during the pandemic.
Currently, the start-up allows people to list a room or an entire property on the platform and only charges once tenants have moved in
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.
This concept has brought about a paradigm shift in the way commercial realty in India is providing services to consumers
Co-living housing is not just an emerging asset class but offers affordability, sustainability, flexibility, cost-savings and on-demand accessibility. Its a revolution.
Singapore-based hospitality company, Ascott has announced the launch of a nine-storeyed co-living property, lyf Funan