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CASE STUDIES
Table 1: Urban Migration in major metro cities in India (2001-2011)
State Major urban Centers Total Urban Migration between
2001 – 2011 (In Million (Mn.))
Maharashtra Mumbai, Pune, Nagpur 13.5
Gujarat Ahmedabad, Surat, Vadodara 7.3
Andhra Pradesh (Before Telangana Division) Hyderabad, Visakhapatnam 5.9
West Bengal Kolkata, Howrah, Asansol, Durgapur 5.7
Tamil Nadu Chennai, Coimbatore, Madurai 5.5
Karnataka Bangalore, Mysore 4.2
National Capital Territory (NCT) Of Delhi Delhi, Gurgaon, Noida 4.1
Source: Census of India, 2011
India different issues regarding tenants. mainly constituting students
housing like shortage, • Others who do not provide and working professionals. This
congestion, unaffordability, services, help in all other paper explores the unexplored
security, lack of choices, etc. aspects of renting a place, theme of the viability of co-living
are the focus of Policy rhetoric. without any leg work on the spaces from the perspective of
However, as homeownership part of the tenant. the supply mechanisms and
cannot address these issues Affordability consumers.
singlehandedly the role of rental
housing becomes imperative. • Rent is shared which enhances LITERATURE REVIEW
The influx of young millennial affordability for the tenant. The term ‘Generation Rent’ or
(Table 1) population into the Security ‘Rent Generation’ refers to the
metro cities has made the crisis • Most of the homes are well problem faced by the youth
of suitable rental housing more secured and agencies look (age group 25–34 years) due to
relevant now than ever.
after all the security concerns different kinds of stigmatization
The concept of co-living has of the tenant in most of the and marginality aspects (Cole
arrived in this context to meet the cases. et al., 2016). In UK the term
need of the migrating population Social Well Being ‘Generation Rent’ has gained
in the metro cities. The co-living popularity as it mirrors the
spaces are argued to offer the • Places are suitably examined way that more youth now live
following advantages vis a vis for quality and in most cases in rented houses as opposed
conventional rental housing: designed tastefully. to an owned house. The term
Convenience • Some of them put stress on likewise passes on the degree to
creating a community among which age-related divisions in
• Co-living companies work the residents which is a key the housing market are getting
on a digital platform which factor, considering most of to be as noteworthy as longer-
is a hassle-free option for the young people living there standing residency divisions. Be
millennials. are staying away from family. that as it may, this portmanteau
• Some provide not only bed Thus, Co-living has entered term covers a wide cluster of
and white goods but also the market as a new concept various housing conditions
services, which are again to address the issue of rental - from students, working
hassle-free experience for the housing among the millennials professionals, and transient
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