Co-living spaces may hit $93 bn annually

According to a study by PropTiger, entrepreneurs are launching co-living portals and tying-up with real estate developers to build projects specifically meant for the co-living segment.

Rs 1.44 L – per annum per bed estimated earning

3.4 million students – occupied hostels within college campuses

46.3 million beds – total untapped demand of the co-living sector

8.9 million beds – demand for student housing alone

The potential

Rental property in Sector 125, Noida could fetch: 

8.9% – expected rental yield from properties for students

5.7% – expected rental yield from housing for professionals