Co-living the next real estate goldmine, market potential worth $93 billion: Study

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What co-working is doing to business centres through collaborative and flexible work environment, co-living aims to do to PGs and hostels for students and professionals. The opportunity in co-living sector is the “real estate goldmine” that currently remains mostly untapped but has the potential to scale to $93 billion market, said a study by real estate portal PropTiger.

The study conducted claimed that the supply side, which is the number of beds, with the organised players is just over one lakh beds. “If the existing demand-supply mismatch is fixed, this segment has the potentially to grow into a $93-billion market,” PTI quoted the report.

Read more on: https://www.financialexpress.com/industry/sme/co-living-is-next-real-estate-goldmine-with-93-billion-market-potential-says-proptiger-study/1483306/