June 28, 2022

Co-living: Redefining Concept Of Home Away From Home in Hyderabad

If you know any millennials, you would have probably heard of the word coliving. If you are one, then you probably know all about it. But for those who have not, here’s a quick explainer:

Co-living is a relatively new concept in India that attracts young folks looking for a ready-to-move-in space with awesome advantages. Hyderabad has risen fast as a hub for young people taking up jobs or pursuing higher studies. Their urge to not compromise on the lifestyle and get the same level of amenities as they enjoyed back home, though on a budget, is fuelling a rush of co-living spaces.

And since we’re talking about co-living spaces, we can’t resist putting in a shameless plug *wink, wink*. Stanza Living offers several options in Hyderabad with professionally managed co-living accommodations. Being the largest managed-residences provider in India, its excellent premises are loved by students and working professionals alike across 26 towns in India. It offers many stay options in Hyderabad for people looking for a home away from home. And it’s being loved for the following reasons.

Lower Financial Burden

The foremost reason people find co-living options irresistible is the surprisingly low cost without having to compromise on the modern lifestyle. Transparent pricing with no hidden charges allows you to plan your finances confidently. Fully furnished residences also ensure that you don’t have to spend a fortune on buying furnishings before you can move in.

Convenience

Co-living spaces offer unmatched convenience to their residents. Firstly, paying numerous utility bills every month is no bother as all these costs are part of the package. It feels like there is someone else at home taking care of all your essential services while you focus on your work or study. This, in the true sense, is finding a home away from home.

Modern Amenities

One way a co-living space makes life joyful is by providing modern amenities. There is a fully functional television in the common area for watching the latest TV shows, and also a gaming console where you could compete against a new friend.

Improved Social Life

A big plus of co-living in Hyderabad is interactions with like-minded people from different parts of the world. You certainly don’t feel lonely and learn about many cultures, broadening your outlook, which helps you grow professionally.

Better Location

Another appealing factor behind the fast-growing popularity of co-living places in Hyderabad is the ability to stay close to the place of work. With rents in the city areas moving northwards, getting a decent place within budget is increasingly difficult. On top of it, the cost of hiring daily household help makes it impossible for a young professional to rent such places. It is a great convenience as it saves commute time and makes your quality of life a few notches better.

Hassle-free Life

Whether it is getting a fresh and healthy meal or a well-kept room, you need to find help to do it for you. But not in a co-living apartment. You don’t have to worry about the safety and security of your stuff or be concerned about the absenteeism of your help. There is professionally trained staff to take care of your needs to help you find that perfect home away from home.

With these advantages, co-living spaces can be considered the golden mean of various options for living spaces. Little wonder then that youngsters prefer these to other conventional options. Hyderabad is witnessing a large influx of young techies and students taking to this city like their own home. Co-living is redefining the idea of short-term homes in Hyderabad.

Co-living is here to stay and is bound to challenge conventional renting norms. It is tough to predict what will be the trajectory of this change, but it is expected to gather momentum going forward. And why not?

As the workspaces are going global, youngsters are exposed to lifestyle choices not available in cities like Hyderabad earlier. The co-living spaces lure the aspirational millennials and will continue to transform the way we look at living in a new city. People will continue to switch to these spaces for better amenities and an ecosystem that lets them live their life the way they want, without the accompanying hassles.

FAQs Co-living is Redefining Home Away from Home Concept in Hyderabad

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