Co-living space likely to see higher private participation

New Delhi: The co-living and student housing segment in India is expected to witness higher private participation and attract more investment with the recent introduction of the Model Tenancy Act (MTA). Large firms including Colive, Stanza, Olive and Gesture are set to benefit from the new regulations.

Worth mentioning here is that the rental yield in coliving, student housing and coworking space is between 7-11% as compared to 2-3% for traditional housing. Due to higher yields, the coliving market in the country is expected to grow at a compounded annual rate of 17% in the next five years.

https://www.timesnownews.com/business-economy/industry/article/co-living-space-likely-to-see-higher-private-participation-with-the-introduction-of-model-tenancy-act/770844