Student Housing - A Growing Trend in Indian Citiesby Ez Stays Safe, Secure And Comfortable Student Housing
Student housing offers exceptional potential because of the increasing student population which travels to different cities for fulfilling their educational requirements. The increasing influx of migrant students in some states has generated a powerful demand for student accommodation, as campus facilities at the educational institutions are incapable of catering to their needs.
- The complete addressable market of student housing consists of not only the domestic new-age students but also the international ones.
- Hence, students in today’s era are opting for Girls or Boys pg in greater Noida and a lot of other metropolitan cities that permit them for living with dignity and independently.
- Purposely designed, student housing is focused on fulfilling the needs of the student community providing them with several amenities which include dining facilities and devoted study areas.
- Not only this, but students are also offered entertainment and sports, internet connection as well as security and comfortable lodging.
- As far as security deposits are concerned, this fact comes as a relief to the students that the amount is usually low.
- Also, the growing trend of student housing gives the immense potential for development to the students and thereby, topmost real estate developers view it as one of the safest and emerging avenues for their investment.
The demand for the Best hostel in greater Noida is inelastic in nature as well as is likely to get prominence given high prices of the land and therefore, the inability of students buying their apartment. Student housing will turn out to be the localized phenomenon, in the macro-market and those areas where the universities are located. This is the emerging asset class in the real estate market which will remain small, for the next 4-5 years.
- The market of premium student housing is developing exponentially as it impressively caters to the expectations of students and parents as well as consistently sets new standards related to the holistic experience of student living.
- Apart from this, it also offers a hygienic and clean environment with top quality furniture and basic necessities like housekeeping, air conditioning, meals, security, and laundry.
- Many providers of premium student housing offer unique services for fulfilling the desires and needs of students in different cities as well as enrolled in specialized programs.
- For example, given the security and infrastructure concerns in Noida, students are looking for the best Boys pg in greater Noida so that their stay remains as comfortable as possible.
- A Majority of operators in student housing are active across the major cities and also have their presence felt in the educational hubs like Jaipur, Chandigarh, Indore, Dehradun, Jalandhar, Kota, and Vadodara.
- According to the recent trends, student housing is on its path of becoming an important contributor to the GDP of the nation.
The rising of the student housing domain in Indian cities is expected to play a significant role in rescuing the real estate sector from the ongoing slump. Wise property owners have been offering facilities such as high-speed internet connectivity, in-house mess, entertainment facilities such as indoor games and television, the round-the-clock supply of treated drinking water to appeal to the students.
- For real estate investors, the sector of student housing provides amazing returns on the investments.
- This is because this type of accommodation is generally located in the prime areas, nearby universities, private institutions, and colleges. These areas are connected to the city’s other areas, hence resulting in the rise of property charges every few years.
Some developers also adopt the ‘renew/lease’ model in this sector by entering into partnerships with the institutional developers. This model ensures developer of the assured sale of the units in that project or of the assured or the assured production of rental/lease income. Moreover, in case you are in search of the Best hostel in greater Noida, make sure to check whether it offers all the basic facilities or not to avoid any major issue during your stay.
Created on Dec 24th 2019 04:23. Viewed 361 times.
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