Colive, India’s premier prop-tech platform for rental housing, has announced the launch of Gurukool, a college student-focused venture. Gurukool is a community-building initiative that hosts in-house events and contests in areas such as sports, gaming, talent shows, holiday festivities, karaoke, and DJ nights. There are groups for like-minded people to meet and regular social events to keep the curriculum interesting.

Colive provides completely furnished rooms with stylish and modern interiors. Their homes have large communal areas, technologically advanced security mechanisms, and emergency response teams. Through the Colive App, these are fully managed with repairs and maintenance assistance, high-speed Internet, and premium amenities and services. The cinema room, which allows members to watch live sports, TV shows, movies, and special screenings together, is one of Colive’s many premium amenities for residents to unwind, relax, and entertain themselves. The terrace lounge, which includes a star-gazing deck and a BBQ set-up, was created with enjoyment in mind. For a daily dose of amusement, one can work out with fellow Colivers in the fitness area and play PlayStation, table tennis, foosball, darts, board games, and more. Group study, brainstorming, and socialising are all made possible here. The communal kitchen is here to help.

Co-living is more than simply a place to collapse after a long day of running. By leveraging technology and generating demand for all-inclusive stay facilities for students, the pandemic acted as a catalyst for the sector. In fact, Millennials are no longer looking for low-cost or low-cost accommodations. They’re seeking a safe and clean place to stay, as well as food and WiFi. This obviously demonstrates that the number of students returning to cities in need of housing is on the rise. We saw an opportunity and decided to provide them with more than just a place to stay by providing them with the opportunity to socialise and engage with their peers in order to make their stay memorable.” Colive recently launched a new programme called #CoLiveAndLetLive to assist Afghan students in need by providing a free semester’s stay at any of its facilities in all four cities (Bangalore, Chennai, Hyderabad, and Pune). Through the application, students can apply for the scholarship. These students will be given the opportunity to stay for the entire semester if they are chosen. Only food and consumables will be charged each month, with the rest of the stay being free.

Millennials are successfully settling in areas of major cities, where getting a foot on the housing ladder is a near-impossible task for these highly qualified young people with an entrepreneurial mindset. Coliving is a concept in which young professionals live in communities with like-minded people, pooling service costs and taking advantage of flexible leasing terms. The communal services that coliving offers renters, who include many liberal professionals and digital nomads, including a laundry, kitchen, swimming pools, work spaces, recreational areas, gyms, and spa. They usually have individual en-suite bedrooms and host events for the residents.

Advantages of Coliving:

  • Sharing knowledge

A chance to learn and improve business ventures by bringing forward new ideas and professional expertise to the table.

  • Contacts and networking

It is easy to meet new individuals and establish new business relationships.

  • Developing synergy

They promote professional collaboration and the development of complementary ventures that benefit everyone.

  • Entrepreneurship and cohabitation

They’re designed and equipped to promote creativity, invention, and teamwork 24 hours a day, seven days a week.

  • Weekly or monthly leases are available.

Long-term leases are not required of tenants. This ongoing rotation provides new experiences and points of view, enriching coliving.

  • Maintaining a sustainable way of life

Typically, they appear in city centres to allow residents to stroll, cycle, or take public transportation. They also employ renewable energy and use as little plastic as possible.

Following the Taliban takeover of Afghanistan, which is the country’s second-largest source of international students, shared living operator Colive has created a programme called “CoLiveAndLetLive” to award 100 stay scholarships to Afghan students stuck in India.

To apply for the scholarship, applicants must fill out an online application form, upload a 30-second video, and submit KYC papers such as FRRO registration as well as a legitimate college degree. During the current semester or until December 31, 2021, students can remain rent-free in any of the Colive homes in Bengaluru, Hyderabad, Chennai, or Pune. Colive said it had received 15 applications and that five Afghan students have already moved into their Bengaluru facility. With the possibility of bank accounts being frozen and limited contact with family back home, Afghan students and their friends in the student community have praised Colive’s initiative.

Colive had previously granted stay scholarships to eligible Indian students seeking higher education in the country’s metropolitan marketplaces. Only food and consumables must be paid for each month, with the rest of the stay being free.

Colive Scholarship Program

The Colive Scholarship Program is a one-of-a-kind project that supports students who have excelled in their academics and have a strong desire to succeed, encouraging them to reach their full potential. The movement aims to empower Generation Z while also benefiting society.

With this arrangement, students can stay in any Colive property in any of the four locations and have a comfortable stay with no worry.

First-year students and students with financial need can apply for scholarships upto Rs. 50,000.

Eligibility Criteria

  • The Colive Scholarship Program is for all first-year college/university students. All students enrolling for the scholarship programme, however, must meet the following criteria:
  • The family’s annual income is less than Rs. 6 lakhs.
  • In Class XIIth, a score of 60% or above on the mark sheet is required.
  • The goal of a statement of purpose is to describe why you are applying to a specific course at a specific university. This essay summarises who you are, who you aspire to be, and how prepared you are to pursue a specific course at a particular institution.

Terms and Conditions

  • Food, laundry, and electricity costs are not covered by the scholarship.
  • Scholarships are awarded at the company’s sole discretion.
  • 60% of the scholarship reservations will be made on the basis of a statement of intent completed on an application form.
  • A management quota will account for 20% of the reservation, while the remaining 20% will be allocated depending on financial standing.
  • The college undertakes to publicise the Colive scholarship programme through the following channels.
  • Notice boards with posters
  • Brochures & Emailers
  • Students groups, Whatsapp groups
  • Website of the Freshmen Handbook

Another private Colive Scholarship is for First-year students who can apply for a scholarship from Colive. Except for food, laundry, and power, the scholarship covers 6 months of lodging/hostel costs. The following are the scholarship’s requirements:

  1. The family’s annual income is less than 6 lakhs rupees.
  2. A grade of 60 percent or above in Class XII
  3. Statement of Purpose: This statement should clarify the reason for applying to a certain course at a specific university, as well as information about the candidate, their ambitions, and their readiness to pursue a specific course at the school.
  4. A statement of purpose will be required to fill out an application form for 60 percent of the scholarship reservations.
  5. Management quota will account for 20% of the reservation, while financial status will account for 20% [the university will select students based on their requests]

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