The Shelter Desk
News on India's coliving, PG and student-housing market — funding, launches, IPOs, regulation and rent trends. Every story links to the original reporting.
20
Jul 2023
Market reports
Student housing demand projected to reach 31 million by 2036
Realty+ reported projections that India's student housing need could touch 31 million beds by 2036 as higher-education enrolment rises.
Source: Realty+
02
May 2023
Operators · Zolo
Zolostays appoints Siddharth Kumar as CMO
Zolostays named Siddharth Kumar its Chief Marketing Officer and later relaunched its website and app with interactive search features.
Source: Media Infoline
10
Nov 2022
Expansion & launches · Settl.
Settl. opens four coliving centres in Bengaluru
Settl. set up four centres with 200+ beds in Bengaluru and said it would expand to Hyderabad, Chennai, Pune and Delhi-NCR.
Source: LatestLY
14
Oct 2022
Expansion & launches · Settl.
Settl. to add 1,000 beds in Hyderabad's Hitec City
Settl. announced 1,000 new beds near Hitec City on top of five Hyderabad centres in Madhapur, Gachibowli and Jubilee Hills, priced roughly Rs 9,000–12,000 a bed.
Source: Telangana Today
31
Aug 2022
Expansion & launches · Settl.
Settl. plans to double capacity to 4,000 beds
Settl., running about 2,000 beds across 40 properties in Bengaluru, Gurugram and Hyderabad, said it would add another 2,000 beds by June 2023 as office returns lift demand.
Source: Realty n More
18
Jul 2022
Policy & regulation
Hostel accommodation under Rs 1,000/day becomes taxable
From 18 July 2022 the earlier exemption for budget accommodation lapsed and hostels charging under Rs 1,000 a day attracted 12% GST, triggering pushback from students.
Source: TaxGuru
04
Sep 2019
Expansion & launches · HelloWorld
Nestaway launches The Hello World for coliving and students
Nestaway spun off The Hello World as an independent coliving and student housing subsidiary; it now reports 250+ properties across 16+ cities.
Source: YourStory
07
Jun 2019
Expansion & launches · Stanza Living
Stanza Living enters seven new cities
Stanza Living began operations in Hyderabad, Chennai, Coimbatore, Indore, Pune, Baroda and Dehradun, taking it to around 100 residences in 10 cities.
Source: Realty n More
