The residential rental market in India is pegged between $18 billion and $20 billion, according to industry estimates. Whereas, the emerging student accommodation market is estimated at about $10 billion. Student and young professionals, migrating away from their homes for studies or jobs, invariably find it difficult to locate a good housing accommodation which can give them the comfort of their own home.
In last 3-4 years, there has been a surge in startups which have looked to formalize the paying guest/hostel spaces with branded and managed properties.
Here is a look at 9 of such startups (in alphabetical order) which can provide you with the comfort of home away from home.