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<\/p>\nWith the advent of industrialization, India is also heading towards modernization. Modernization is not just limited to attires or the education system, but, a lot more than that. Modernization enhances the living standards by adding on more luxury and comfort at the same time. Comfort could be found living with a person you trust the most regardless of the relation, gender or religion. The idea of co-living has been established to make sure that you live a life without a spec of shudder regarding your safety. Keeping this factor in mind, developers of Real estate in NCR region are attempting to provide a platform where Co-Housing or Co-living to be precise, would be available.<\/p>\n
In support of this idea, the ASF group that is Delhi-based is determined to construct a model tower that would be specifically structured for co-living. With this, the existing residential complex of the same firm, that is located in Gurgaon, is supposedly going be converted into a co-living building.<\/p>\n
Financial and technology hub, Gurugram (Gurgaon) is stretching its wings and widening its acceptance in co-living. Moreover, the city is providing a stand so that the idea of co-living could be no more a taboo. This idea is being encouraged by working professionals who are staying out of their hometowns. It\u2019s not just that co-living provide millennials to balance their personal and professional lives, but, also is cost-efficient. The private rooms are equipped with all the facilities that too with a lower rent.<\/p>\n
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Several housing portals such as NestAway, Oyolife and Zolo are providing with these facilities. Amarendra Sahu, the co-founder of NestAway technologies, stated that there would be opportunities in co-living for sure, but, players have to wait for a little to fetch the results. By his words, one thing is clear that the idea of co-living would be prevalent in the upcoming years. Builders are really looking forward to having a good profit from the projects they are working at the current state. Another firm dealing with student housing, Stanza Living, is earmarking to provide a good deal to students by showcasing tech-enabled services in co-living so that they could access the ease of living, curating the student needs.<\/p>\n
Anindya Dutta, the co-founder of Stanza Living is of the opinion that due to a steady shift in trends, there is a gradual increase in student housing. Students are opting for modern rental setups instead of the traditional one. It would be a great opportunity for the builders to go for modern setups so that they could compete in the market. New age students would only choose the deal that would provide high-quality services, hence, there is an urgent need to upgrade the services with time.<\/p>\n
The idea of co-living is being accepted and implemented in various cities and builders are playing a major role in encouraging the idea. Modernization is really acting as a catalyst for India in becoming one of the countries that are on the verge of getting developed. Acceptance, appreciation and encouragement by various firms is accelerating the modernization to a different level.<\/p>\n
Source: https:\/\/economictimes.indiatimes.com\/industry\/services\/property-\/-cstruction\/real-estate-developers-eyeing-co-living-for-future-growth\/articleshow\/73431677.cms<\/p>\n","protected":false},"excerpt":{"rendered":"
With the advent of industrialization, India is also heading towards modernization. Modernization is not just limited to attires or the education system, but, a lot more than that. Modernization enhances the living standards by adding on more luxury and comfort at the same time. Comfort could be found living with a person you trust the most regardless of the relation, gender or religion. The idea of co-living has been established to make sure that you live a life without a <\/span>Continue Reading<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1738,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,1,9],"tags":[],"class_list":["post-1736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-news","category-real-estate-trending-topics"],"_links":{"self":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/1736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/comments?post=1736"}],"version-history":[{"count":7,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/1736\/revisions"}],"predecessor-version":[{"id":1749,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/1736\/revisions\/1749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/media\/1738"}],"wp:attachment":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/media?parent=1736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/categories?post=1736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/tags?post=1736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}