CO-LIVING SPACES: AN EMERGING TREND TO GENERATE HIGHER RENTAL INCOME

Category: Real Estate

Purchasing a house is, of course, a major investment, and as a result, every investor considers twice before signing a contract. Investors start by reviewing the different properties available in the market and go on to narrow the list down to their ideal investment option. Co-living is a growing trend in the Indian real estate market and one of the reasons why it is attracting investors is its rental yield. A tenant who is a student or in the early stages of his job may not be able to afford to live in a high-rent apartment. Such persons frequently live alone in metro cities to complete their education or earn a living. The cost of renting a full apartment, as well as food and maintenance costs, maybe a significant strain in such a situation. People can easily afford the expense of living in big cities thanks to co-living spaces.