Revolutionising Urban Living

Written by Isabella Toledo

GRI Club India recently hosted an insightful online meeting focused on post-COVID transformations in the student housing and co-living sectors. These markets are on the cusp of a significant transformation, paralleling the dramatic shift seen in commercial real estate. Just as office spaces evolved from non-compliant buildings to co-working and grade-A facilities, student housing and co-living are poised for a similar evolution.

The demand for these flexible living spaces is driven by a diverse demographic, including young professionals, remote workers, students, and even retirees. This demand, combined with the growing recognition of these sectors as viable asset classes offering steady rental income and reliable yields, sets the stage for rapid growth and innovation.

Technological advancements are playing a crucial role in this transformation, enhancing operational efficiency, improving customer experience, and optimising costs. From AI-enabled analytics and comprehensive digital platforms to smart home technologies and ESG initiatives, technology is reshaping the landscape of co-living and student housing. 

The focus is shifting towards creating high-quality, community-oriented living environments. With the market ready to embrace these changes, the next few years will be pivotal, setting new standards and meeting the evolving needs of modern urban tenants.

GRI Club India’s latest report explores diversification strategies from investors and analyses how operators and developers have adapted to changing end-user needs, enhanced customer experiences, and leveraged technology and AI for industry innovation.

Read all of the key insights of the session here - Revolutionising Urban Living.