Summary:

Colliers India predicts that the country’s co-living sector will expand dramatically, with bed inventory rising from 300,000 to 1 million by 2030. Urbanisation and youth migration are expected to drive market growth from ₹4,000 crore to ₹20,000 crore. Demand may rise to 9.1 million beds, up from 6.6 million. Co-living is also expanding into Tier II cities, with growing investor interest as market penetration is projected to double by 2030.

Bridging the student housing deficit presents a significant opportunity for India’s co-living sector. According to the report, many higher education students come from out of town and require housing near their institutions. In FY22, colleges accommodated only four million students—just 33% of the estimated 12 million demand. This gap offers strong potential for student housing providers to deliver affordable, high-quality living options as student migration to cities continues to grow.

Source: IBEF

Disclaimer:The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.