How Coliving is Redefining the ‘Home Away from Home’ Concept in Bangalore
Bangalore is home to hills, lakes, and potholes like any Indian city. But it is also where a new concept of super-dense housing called coliving is redefining the ‘Home away from home’ concept. A co-living space is lots of young folks like you living under one roof, sharing common areas and facilities, and being family to each other in a new city when their real families are miles away back home. How do we know that? Well, because we at Stanza Living are kinda the leaders of coliving in Bangalore, as well as the rest of India. In our 450+ residences across 22+ cities, we’ve had tens of thousands of young peeps living like a family. So if co-living spaces are redefining the ‘home away from home concept’, we are the ones writing the new definition.
Co-Living As a Concept Has Been Around For Years
But it was not until recently that co-living became a global phenomenon. That change occurred because of the popularity of the sharing economy and millennials looking for alternative living styles.
In Bangalore, co-living spaces are redefining the ‘Home away from home’ concept by providing co-living spaces to young professionals who are willing to live in a community environment while saving money. Co-living is having a room or an apartment in a shared space with other people who share your interests and passions. So all the marketing presentations that say that millennials are looking out for experiences rather than things, are pretty spot on.
Rental Crisis in Bangalore
With the increase in demand for houses, there has been a sharp decline in rental options for people looking for affordable accommodation options in the city. Many young professionals are moving out of the town due to the rising rents and looking for other alternatives like co-living spaces etc., which can help them save money on rent and provide them an opportunity to connect with other like-minded individuals.
Coliving Spaces Are Economical, Secure, And Social
Co-living spaces are a new trend in the city, redefining the ‘Home away from home’ concept for people. People who have a common interest in traveling, exploring new places, and meeting new people can opt for coliving spaces. These spaces offer a safe and secure environment for people who want to live on their terms.
The significant benefits of coliving Bangalore are:
- It is economical as it helps you save money on rent or the one-year security deposit that you’re asked for everywhere else in Bangalore.
- It is convenient because not only do coliving spaces provide a place to crash, but room cleaning, meals, laundry, and all other amenities as well.
- It is social as it allows you to meet new people and enhance your social skills.
Amenities Offered At Coliving Spaces Are Excellent
Shared living provides amenities and services not available in regular apartments or homes. Many things make living spaces stand out from others.
Amenities offered at coliving spaces are excellent. You get access to high-speed internet, a power backup facility, a yoga studio, gymnasiums, gyms, etc. Professional chefs who will cook your meals for you, but if you wish, you can try your hand at cooking with other residents and enjoy the experience together.
Another important aspect of living in a coliving space is participating in community activities organized by your hostel management team. These events help create an environment that fosters positive vibes among residents, so they feel like part of a family instead of just being neighbors who share a common space but don’t go beyond just a ‘Hello’ – or worse – a ‘What’s up?’.
Conclusion: Co-living redefines the ‘Home Away from Home’ concept in Bangalore.
In general, the Co-living concept is helping the millennial generation to live away from their parents at a younger age for financial and mental empowerment. Home is in the heart, so today, many people choose not to live with their parents after their university days because they need their own space. However, many Bangalore residents find it challenging to find affordable housing as the average rent for flats has increased by nearly 60%, as published in The Times of India. And then oldies say millennials don’t know the real struggle. Well, the co-living spaces in Bangalore concept could solve this struggle and more.
FAQs on How Coliving is Redefining the ‘Home Away from Home’ Concept
What are the Benefits of Coliving?
The most significant benefit is that it allows you to meet like-minded people and make new friends. Colive also takes away the complexity of finding roommates, which can be difficult in big cities like Bangalore. You also get access to more amenities than you would find in an apartment by yourself.
What does a Typical Day Look Like in a Co-living Space?
In most cases, you have access to common areas such as kitchens, lounges, and bathrooms across multiple floors or wings within a building. You share these spaces with other residents but have your own room/hallway/bathroom, etc. You can spend time alone if needed. In some cases, there may be designated common areas for cooking or eating together and gaming rooms for board games, etc.
