We’ve all heard of coworking spaces, there are 100s around us, but, what are co-living spaces? Well, co-living is a lot like coworking, it’s about sharing spaces. Unlike co-working, co-living is about people who are like-minded and share the same values or philosophy. This is a modern trend, although versions of this have existed for thousands of years.
Things we covered for you
+
How does Co-Living Work?
If you look at it, co-living is very similar to renting a room. You have your own personal space, but it is in a shared property. Here, you get everything that you need, all your facilities and amenities, but since it is a shared space, you are not burdened with the whole bill, you get to share it with those sharing the property.
You don’t have to worry about maintenance and you don’t have to spend a lot of money on rent. Co-living is more affordable as you are not spending as much as you would renting a 1BHK or 1RK and, you save on furniture, bills, and more.
Who Benefits from Co-Living?
This is especially popular with new working professionals who move to cities for work. This concept is perfect for them as they don’t have to worry about setting up a home because companies like NoBroker have everything set up. All they have to do is move in!
From furniture to fridges, washing machines to high-speed internet, everything is in working condition and good to go from the moment you enter.
Millennials also love the concept because you feel you belong to a community, you are not alone and isolated, you’re surrounded by like-minded people and share a common interest. It is also a great way to network as you have people from different companies, in different roles, you can learn and even use these connections to land your dream job.
Read: Engineering Colleges in Noida That Will Help You Rise Above the Rest!
Book Best Packers & Movers with Best Price, Free Cancellation, Dedicated Move Manager
This is third
This is third
This is fourth
This is fourth
This is fifth
This is fifth
This is six
This is six
This is seven
This is seven
This is eight
This is eight
For those working professionals and students, there is 24/7 power backup and internet so you can study/work with no interruptions.
Has Co-Living Caught on in India?
Even though co-living is a rather new concept, it is doing really well in Europe and the US. Closer to home, even countries like Hong Kong and China have caught on. In India, it is only now catching on and is already popular in a few cities, in certain hotspots.
The hotspots for co-living spaces in Bangalore are:
- Whitefield
- HSR Layout
- Koramangala
- Indiranagar
- Marathahalli
The hotspots for co-living spaces in Mumbai are:
- Andheri West
- Andheri East
- Airoli
- Thane West
- Malad West
The hotspots for co-living spaces in Pune are:
- Kothrud
- Viman Nagar
- Pimpri Chinchwad
- Kharadi
- Baner
The hotspots for co-living spaces in Chennai are:
- Velachery
- Anna Nagar
- Guindy
- Sholinganallur
- Navallur
The hotspots for co-living spaces in Hyderabad are:
- Ameerpet
- Madhapur
- Gachibowli
- Kondapur
- Manikonda
This data has been gathered from over 7 million NoBroker customers. That’s not all, the answers from 12546 respondents have also helped us define these trends.
Now, if you are looking for a home with some freedom, and is comfortable, affordable and has everything you need, then a co-living space is your answer. The other great thing about it is, you don’t have to deal with a nosy landlord or neighbour aunty telling you what to do.
Are you looking for co-living spaces? With offices reopening and the work from office culture getting back on track, there is a huge demand for co-living apartments in all the major cities of the country. Get the best co-living spaces near you without any hassle with NoBroker. NoBroker can help you find the most ideal co-living space for you and save big with our zero-brokerage promise., just visit us on NoBroker.com or click this link.
Read: A Visit to Godrej Athena Homes: Your Guide to a Future Investment in Bangalore
FAQ’s
1. Are Co-Living spaces worth it? Are Co-Living spaces worth it?
Ans. t’s affordable to cohabit. People under the age of 30 spend an average of 45% of their income on rent, which is their highest monthly expense. Living with roommates is therefore one of the finest strategies to dramatically reduce your expenses if you’re trying to save money.
2. Why is Co-Living so prevalent?
Ans. There are many advantages to Co-Living, but the three that stand out the most are cost, convenience, and community. Renting a studio or one-bedroom apartment is significantly more expensive than sharing a house with others, especially when other expenses like furniture and utilities are taken into account.
3. What drawbacks are there to co-living?
Ans. Drawbacks of co-living
The sense of privacy may be violated.
A poor connection could be caused by many users simultaneously accessing the Wi-Fi . (Be cautious to check the speed before making a reservation.)
If you’re used to hostel costs, you might find it to be pricey.
Read: Places to Visit Near Hyderabad Within 200 kms
4. What distinguishes co-living from co-housing?
Ans. Private bedrooms and bathrooms are usually combined with shared eating and living areas in co-living settings. In contrast, a co-housing or flat-sharing arrangement typically involves several individuals living together in a regular family-style home that wasn’t initially intended to be shared.
5. Does Co-Living suit couples in India?
Ans. Couples looking for flexible housing, serviced apartments, and a place to call home can consider Co-Living places. Contrary to common assumption, being in a relationship does not guarantee that you will never feel lonely.
