The Need For Student Housing In India

If you’re curious about the need for more – and better – student living facilities in the country, then we’ve got you. Because it’s true, now there are more young folks moving to tier 1 and tier 2 cities than ever before. But that’s not surprising, is it? Because honestly, long gone are the days when you’d listen to your annoying uncle who’d tell you to stay back in your hometown. Instead of going out there to enroll yourself in the top colleges of the country.

But hold up, that’s just one of the reasons why there’s an urgent need for student housing in India. The rest are noted down below. Also FYI, you can trust our word on this. Because being the largest managed accommodation providers in the country, we, at Stanza Living, know exactly what the student housing scene in India is like right now. Now, don’t waste any time and read on. So when those annoying uncles tell you to stay back, you can tell them that nobody’s interested in their kinda arguments anymore. But a lot more convincingly.

Why is There a Growing Need for Student Housing in India

So here’s why there’s a growing need for student housing in India right now:

• Sky-rocketing Migration Rates
• Lack of Campus Facilities
• Lack of Space Utilization

Looking for fully-furnished rooms near your college or university? Check out our Stanza Living residences.

Sky-rocketing Migration Rates

If you’re someone who loves trends, then here’s one for you. The current trend in migration rates suggests that by 2024, student housing beds in India will rise to 16 million + in number. So you can only imagine the strength of student accommodation facilities that are needed right now. Also, another important point to note is that not all of those 16 million beds will be spread out evenly across the states. On the contrary, most of that demand will have to be met by only the top-tier cities. So just imagine.

Lack of Campus Facilities

Are there more and more migrants looking for a seat in top colleges? Yep. But is the bed count increasing at the same rate in campus hostels? Nope. And that, folks, is another reason why there’s a need for more living facilities. According to research, only 33 % of enrolled students in India get access to their campus accommodation. So no wonder why more and more startups or organized players have come up in recent years to bridge this gap.

Lack of Space Utilization

If the high surge in migration rates and the lack of campus facilities prove the need for more living facilities, then the general lack of space utilization takes it up a step further. In simpler words, not only do we need more student rooms but also the kind of rooms which are professionally designed and managed. Why, you ask?

Well, it’s pretty obvious. Most of the rental rooms that you see were not actually designed for rentals. Or for students. They are extra rooms in someone’s residence that they put out for extra income. So that’s where co-living spaces like Stanza Living come in. When we look to open up housing facilities in new areas, we make sure the architecture of our spaces is designed in a way that accommodates the maximum no. of beds. But without compromising on the comfort of living.

In conclusion, there’s not only a need for more student housing centers in India but also a super duper need for professional or organized players to fill this gap up fast and well. In short, you don’t need to be worried. With co-living spaces coming up as the new hot thing, you’re in safe hands. Promise.

FAQs on Student Housing in India