Housing.com enters co-living segment with half-a-million listings **Ties up with OYO and ZOLO

With an aim to digitize the otherwise-unorganized market of paying guest (PG) accommodation and to boost the reach of organized co-living players, real estate portal Housing.com has launched an exclusive co-living section on its platform, with half a million beds listed across 12 major markets. It plans to scale this up to a million beds by the end of 2020. The Elara Technologies owned portal has tied up with Oyo Life and Zolo to promote their co-living spaces on its platform, as it enters the co-living market.

The 12 cities contributing to the listings include Mumbai, Delhi, Gurugram, Bengalauru, Kolkata, Pune, Noida, Chennai, Ghaziabad, Hyderabad, Chandigarh and Ahmedabad. 

“The way in which the concept of co-working is changing is driven by a highly mobile millennial workforce and a growing student population with a new mindset.  Co-living provides ultra-modern living spaces with a plethora of amenities and a like-minded community, all at pocket-friendly rates and with the flexibility of moving in and out quickly with minimum hassle,” says Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com.

 A report by group company PropTiger.com estimates that co-living is set to become a Rs. 2-trillion market by 2023 in top 9 cities of India as the demand for such spaces continues to grow among the country’s student and single working population. 

Co-living listings on Housing.com, are all verified with genuine photos. The platform offers consumers a variety of choices and also showcases pricing in a supremely transparent manner.