Future of Co-living spaces in India

We all would agree that cost of living has increased tremendously in the last two decades. Especially the accommodation.  Every now and then we are migrating to different cities and even countries to pursue new job prospects. Such frequent migrations involve the grim task of arranging the accommodation as well as other essentials. Co-living spaces in India are perfect solutions to these complex problems.

Be it affordable accommodation without compromising amenities or getting yourself acquainted in a new city, a temporary landing pad or home-like setup, entering a new passion or just an escape from the routine life, Co-living spaces are your one stop solution. The idea aligns with the modern psychology of “unsocial sociability” wherein the individuals be it students or professionals get the flexibility to enter and exit the social set-up at their will.

Co-living spaces around the world have their glorious histories. “Hacker homes” offered affordable accommodation to aspiring entrepreneurs from a long time in west. Mark Zuckerberg too rented an apartment Palo Atlowhere the team created Facebook.So a co-living space is not restrained as a “crude adult dorms” but offer a more creative simulative environment.

 Bangalore and Gurgaon are in lead to exploring the co-living spaces on India. Co-living spaces in Indiaoffer fully furnished homes with various amenities such as appliances, laundry, housekeeping and add on such as music, art rooms etc. Co-living spaces in India range from Rs.8000 to Rs.30, 000 depending upon the degree of luxury and amenities offered.

One may question that how individuals from various backgrounds, habits and culture can adjust under a single roof with common amenities? The questions is utterly important but the answer is very simple, the co-living spaces in India are designed for millennials have a great tolerance due to their rationalist attitude.

Co-living spaces in India is growing at a fast pace and has a bright future. Though it offers affordable housing without compromising amenities and helps in avoiding paying brokerages spearheading awareness about the new concept is the major challenge. It may have a conflict with traditional PG setups but it will not be replacing it for sure.  Infrastructure for co-living spaces in India is an important thing to be focused on to make it look comfortable at the same time is pocket friendly. Irrespective of these minimal challenges it is expected to grow due the need of large mobile workforce.

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