Companies in Chennai tap co-living for unsold residential units

The success of co-working coupled with a need to cater to the growing millennial demographic has seen real estate players warm up to the co-living model to monetise their unsold inventory. The success of co-working coupled with a need to cater to the growing millennial demographic has seen real estate players warm up to the co-living model to monetise their unsold inventory. Co-living model is a great option that satisfies housing needs of working millennials, and also offers the developer almost double the normal returns. VivekRathi, senior VP, Research, Knight Frank India, believes India’s growing young workforce demographic, who are on the lookout for affordable and flexible living solutions, makes co-living assets a return generating one.