India 's co-living sector will be worth 20 times its current value by 2022 , according to research company RedSeer Consulting . The shared-living market in India is currently worth 2.2bn , a 60% increase from the next four years , and this figure is predicted to top $ 2.2bn in the last year . StayAbode’s project is slated to go live in September 2020. A number of co-living firms, such as NestAway , Zolo and Zolo , have significantly increased their operations recently. The expected boom will be caused, for the most part, by white-collar professionals moving to new cities and university students living away from home.
India 's co-living sector will be worth 20 times its current value by 2022 , according to research company RedSeer Consulting . The shared-living market in India is currently worth 2.2bn , a 60% increase from the next four years , and this figure is predicted to top $ 2.2bn in the last year . A number of co-living firms, such as NestAway , Zolo and Zolo , have significantly increased their operations recently. The expected boom will be caused, for the most part, by white-collar professionals moving to new cities and university students living away from home.