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OYO seeks entry in student housing

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Oyo Hotels & Homes is entering the lucrative, yet untapped student housing market, as the SoftBank-backed hospitality chain continues to expand its suite of offerings to bring multiple real estate asset classes under its portfolio. The Gurgaon-headquartered company expects to mark its entry into the sector by next quarter, through its long-term rental and managed residential business, Oyo Life, according to a senior executive in the company.

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