Jayesh Rathod, director of The Guardians Real Estate Advisory, explains: “There is also the model of building, selling and operating, in which a developer collaborates with an operator and converts their unsold inventory into a living space and then sells the property with a living space label to a potential investor with an excellent rental guarantee. We see enormous potential for this model in the living space, since there are enormous amounts of unsold inventory in all metropolitan areas and, at the same time, there are millennials looking for economic shared spaces that are designed according to their tastes. These spaces are perfect for someone like us who wants to stay together but isn't ready to buy a house, says Vaidehi Samant, an IT professional who rents a living space in Pune.
What is the size of co-living market in india?
Jayesh Rathod, director of The Guardians Real Estate Advisory, explains: “There is also the model of building, selling and operating, in which a developer collaborates with an operator and converts their unsold inventory into a living space and then sells the property with a living space label to a potential investor with an excellent rental guarantee. We see enormous potential for this model in the living space, since there are enormous amounts of unsold inventory in all metropolitan areas and, at the same time, there are millennials looking for economic shared spaces that are designed according to their tastes.
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Is wi-fi available at all times in the coliving space if so, what is the speed and reliability like?
We believe that it is mandatory to always guarantee a high speed Wi-Fi service. However, this positive new office structure entails a problem that must be addressed before business success can even be considered.
What is the difference between a hostel and a co-living facility?
When comparing the cost of living with those of hostels, living spaces are a more affordable option, especially if you're looking for a longer stay. Hostels usually have rates per night, while living spaces have monthly or weekly rates.
Is co-living legal in india?
One of the main regulatory concerns in the cohabitation industry concerns existing leasing laws. Traditionally, Indian rental laws have favored tenants' rights, making it difficult for landlords and shared housing operators to manage rental properties efficiently.
Where is co-living most popular?
The best coworking and living spaces at WorldOutPost (Ubud, Bali, Indonesia). Selina Atitlan (Lake Atitlán, Guatemala) And if you choose to book the CoLive Flex option, you'll have the flexibility to stay 30 nights in up to 10 different Selina locations.
