Growing trend of Co-living spaces in India


Growing trend of Co-living spaces in India

According to prime research article on Economic Times news website- Co-living spaces see boom in India, driven by Gen-Z, young couples. 

India's co-living segment is driven by working salaried professionals and students currently. According to a recent survey by Co-live, covering 20,000 respondents around 91% of the occupiers of the co-living space prefer to live alone as compared to the shared living. 

There is also a demand for a one bedroom or a studio apartment, with 82% of the occupiers demanding the same. 

What is meant by co-living spaces?

The concept of co-living involves offering facilities such as a common kitchen, dining area, lounge as a common work zone which occupants can use. This is besides the private bedroom with attached bathroom that each occupant has.

Is co-Living Safe?

Co-living is comparatively safer than living alone in a metro city. Lockable bedrooms with personal cupboard are available for your valuables. There are cameras in common areas like parking, stairs corridor and others for your safety and security.

How do co-living spaces work?

Co-living is a latest trend of communal living in which residents get a private bedroom in a furnished home with shared spaces. Unlike traditional apartments, co-living is attractive to tenants due to affordability, flexibility, included amenities, and a sense of safety.

  • 7/17/2021 12:51:13 AM
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