{"id":1139,"date":"2020-06-19T11:06:21","date_gmt":"2020-06-19T11:06:21","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=1139"},"modified":"2020-06-19T11:55:24","modified_gmt":"2020-06-19T11:55:24","slug":"student-housing-next-big-thing-in-indian-real-estate-know-why","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/student-housing-next-big-thing-in-indian-real-estate-know-why\/","title":{"rendered":"Student Housing: Next Big Thing in Indian Real Estate. Know why?"},"content":{"rendered":"\n

The student housing segment is witnessing a rapid growth of 36% across all the major markets in the country between 2019 to 2023.<\/em><\/p>\n\n\n\n\n\n\n\n

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The co-living concept is emerging in the Indian real estate sector<\/a>.\u00a0 The concept is now sneaking into the rental sector and will soon jostle for space in the traditional landlord- controlled rental environment<\/a>. In India, the demand for higher education is on the continual rise as over 40% of our country\u2019s population is below the age of 20. Therefore, there is a desperate need for quality, safe, and standardized accommodation in India.<\/p>\n\n\n\n

A lot of colleges cannot provide on-campus\naccommodation, so many students resort to PG accommodation or private hostels.\nPGs are challenging to find, have poor security, and their quality varies from\nlocation to location and city to city. On the other hand, a majority of private\nhostels are scarce and therefore the reputed ones tend to fill up fast or are\nexpensive.  <\/p>\n\n\n\n

Students migrate across the urban side of\nIndia to seek quality education, which consists of two things, that is\nacademics and student life. The latter is significantly impacted by where they\nlive and how conducive their environment is for learning.<\/p>\n\n\n\n

Here are some reasons why student housing\nis in more demand.<\/p>\n\n\n\n

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