Tribeca has partnered with its sister firm Housr, a dedicated co-living platform, as well as with the developer Starwing group, for the first project under the platform at the Marol neighbourhood in Andheri (East), Mumbai.
Join us in this episode of The Tenant as we introduce Ashish Ahuja, a Mumbai native now immersed in the Bangalore startup ecosystem. Discover why he chose HSR Layout as his home, his experience with co-living, and his insights on Bangalore's infrastructure, nightlife, and startup culture compared to Mumbai. Hear firsthand from Ashish why Bangalore is the ultimate destination for aspiring entrepreneurs.
In this episode of The Tenant, embark on a captivating journey with a Frenchman living in a cozy 300-400 square feet co-living space in the aerospace hub of Bangalore. Dive into his experiences, from job opportunities and navigating chaotic traffic to savouring the incredible cuisine and challenging misconceptions about women's treatment. Explore the unique blend of privacy and community in co-living, where you pay only rent, inclusive of all charges. Gain valuable insider tips on surviving India's paperwork challenges and why he chose a prepaid SIM card. Join us as he unravels the mysteries of life in India during a 6-month contract, paying Rs 45,000 monthly.
Co-living rentals have increased by at least 30 percent since the last year and are likely to increase by 10 percent further. Yet co-living uptake is growing 40 percent, with several players lining up new projects.
The startup plans to deploy the new funds to foray into the business-to-consumer (B2C) retail food court space and expand its presence in the co-living sector
The company has so far raised $5,00,000 from investors including ah! Ventures and We Founder Circle.
Delhi and Noida are among the markets that the co-living space platform plans to enter by next year
Zolo will expand its student housing segment to cities like Navi Mumbai, Noida, Vizag, Lucknow, Kanpur, Indore and Palakkad, founder & CEO Nikhil Sikri has said
Housr has planned to increase its bed count by around three times by March 2023.
Experts say the new education policy is expected to further boost demand for student housing going forward.
The company will invest about Rs 20 crore in the facility that will come up in Visakhapatnam and the land will be leased by the government, CEO Jai Kishan Challa has said
Starting with around 10,000 hostel beds, the company has partnered with several engineering and management institutes.
While many players have exited the shared-accommodation business, unable to sustain the financial stress of the previous year, others have strengthened their positions through acquisitions and expansion in prime locations
A new paradigm would have emerged in case of flexible workspaces had IT companies considered going the co-working way, said experts, adding co-living was hit by the pandemic.
With most organisations following the work-from-home or the hybrid model, migration has dropped significantly, impacting the co-living segment
The co-living ecosystem offers low entry cost with flexible deposits, no brokerage and affordable rentals in highly desirable housing markets. Also, it offers flexibility and convenience by reducing the commute times while providing easy access to social and physical infrastructure.
Investcorp, Nexus Ventures Partners, Mirae Assets, among others, participated in the funding round, taking the total capital raised by Zolostays to $90 million
To maintain social distancing and ensure health and safety, as many as 36.2 percent respondents of the survey have stated that they are looking to shift to shared houses from PGs
The flexi-contracts being offered on account of the coronavirus pandemic are for shorter duration
The report delves into these highly promising new Indian real estate asset classes and explores their growth drivers as well as the underlying opportunities for investors and other real estate stakeholders.
The Budget should review policies to benefit all stakeholders associated with rental housing and the framework must simplify the existing rental structures to promote overall growth.
The expansion plans include Bengaluru, Hyderabad, Mumbai, Pune and Delhi NCR with a vision to take the brand international over the next few years.
Among other factors, millennials don’t want a huge EMI burden early on in their careers
The average spend on living and household expenses is approximately 20-30 percent of one's disposable income. Millennials may consider increasing their spending to around 40 percent for organised co-living formats, which offer an enhanced lifestyle opportunity, the report said.
This is in addition to the Rs 30 crore Alteria invested in the company earlier this year, taking its total debt infusion in Stanza Living up to Rs 70 crore.