Home seekers in major cities like Bangalore, Hyderabad, and Chennai must now decide whether to remain in an apartment, a PG, or a Coliving space. The lockdown had numerous ramifications for all of us. People are now required to stay at home, and even businesses have urged their staff to work from home. The guidelines proposed so far by the responsible authorities are assisting people in feeling protected, but the health alert that the COVID-19 pandemic has generated has left us all feeling uncomfortable, with countless instances being found on a daily basis across the country. Though most individuals find it difficult to remain at home in quarantine, we must work together with the authorities to reduce the health dangers of COVID-19. It is true, though, that it has interrupted our lives and that we may find it difficult to get along with.
However, because health is wealth, we must adapt to it for our own and society’s well-being, especially in light of the virus’s unforeseeable future. When it comes to the millennial generation, which makes up 47 percent of India’s entire workforce, their lives will never be the same. Before returning to work, they must first secure their health. They must ensure that their surroundings, including where they stay, work, and the mode of transportation they use to commute, are hygienic, safe, and secure. They must ensure that their workplace is sanitary and clean, with sufficient infrastructure to support it. Millennials will need to make sure that any mode of transportation they utilise after the lockdown is clean and sanitary, whether it’s buses, auto-rickshaws, or metros. This is the situation with the location they want to stay in for the next few months. The millennial generation will need to ensure that the accommodations they choose are clean, sanitary, and well-maintained. Then there’s the issue of whether to live in traditional rental properties such as PGs and flats or in Coliving places.
There are also other more issues that the COVID-19 pandemic has presented. A crucial consideration for selecting an appropriate stay for you will be a location that meets the highest safety standards and is clean, sanitary, and well-maintained. Furthermore, with the corporate sector now directing the majority of employees to work from home, home workers would want enough infrastructure to work from home efficiently and without fail. Individuals are increasingly looking for a safer stay, especially considering the widespread spread of the coronavirus, which was once a major need for people staying outside of their city. As a result, they will seek a safer place to remain and prefer coliving places to convents.
Why Coliving accommodation over traditional accommodation?
The first point we’d like to highlight here is that students and millennials are on a very limited budget which is why giving out hefty brokerage charges is not a smart or viable option for them. Finding a cheap PG is difficult, especially in congested areas like Bangalore, Chennai, Hyderabad, or Pune. Either a barren, unfurnished room or an exorbitant luxurious accommodation awaits you. Nothing can provide you with a medium ground where you can have a private space as well as shared social areas. Colive is a specialist in this field. Because of economies of scale, Colive can offer superior PG accommodations at a moderate price. Private house owners in Bangalore may need a security deposit of up to 10 months’ rent. Colive, on the other hand, charges only two months’ rent. Colive offers single, double, and triple bed options, depending on your budget. The cost of electricity, Wifi, and maintenance is included in Colive’s fee. You don’t have to pay anything extra. Modern, well-furnished, and well-ventilated rooms are available. You’ll get your own room with a bed, desk, and storage. The kitchens and living areas are likewise well-equipped. The communal amenities are fantastic, and you wouldn’t be able to find anything like in a private PG. For beginners, relocating to Colive would be a wise decision because it would provide you with a fantastic experience.
Rental and Budget Challenges
When you decide to stay outside of your hometown, one of the renting issues you will undoubtedly face is budgeting. This is because, as a first-time earner, you will be confronted with a number of issues involving pleasures vs requirements. And if you’re a student, things will be even more different. Because you will still be largely reliant on your family for financial support, you will need to hunt for a cheap stay that fits your budget. When you relocate outside of your hometown, you may face a variety of rental issues. Some may be determined only by finances, while others may be determined by location and the availability of major amenities, since you would not want to be without them. Finding a place to live can be difficult, especially if you have to select between individual houses for rent in Bangalore and communal housing. Individual dwellings and communal rental rooms are no longer limited to students. It has undoubtedly become a popular way of life, particularly for people who live in metro areas with high living costs. People frequently stay in PG lodgings since they are more cost-effective. Choosing an individual house for rent rather than shared housing is a significant decision, which is why it is critical to weigh all of the aspects before deciding on a location. The cost of living in a single residence is a highly practical reason for not doing so. When you choose shared housing, the rent paid by each individual is significantly reduced. It’s not just the rent; it’s also the cost of a variety of other extras. It’s just a lot easier if you have someone to help you out.
Co-living is not the same as renting an apartment on your own. If you were to live in a PG on your own, you would be required to pay a large security deposit, which could be as much as 10 months’ rent. This is paid in advance, and a leasing agreement for 11 months is signed. Terminating the arrangement early would be difficult, which means you could be stuck in a place you don’t like for nearly a year. Furthermore, these PG lodgings do not have to be provided, so you will have to gather all of your essential necessities from scratch. If you choose a completely furnished apartment, you may find yourself with a hole in your wallet. If you choose an unfurnished one because of the lower rent, you will have to spend a significant amount of money to equip it and make it habitable.
Given that you are single, it makes little sense to set aside so much money at the start of your profession or while you are studying. The house owner would most likely live on the premises of the PG accommodation. Over time, this could become a tumultuous experience. They have the power to place limits on your lifestyle and freedom. Furthermore, finding such a location online is difficult because you must search many sites to discover the perfect PG accommodation. You will have to rely on the photographs provided on the site if you are seeking accommodation in a new city you plan to move to. There would be no way to take a virtual tour, so booking a flat based on photos could be disappointing when you see it. Being single, on your first job, or here to continue your education, it may be difficult to afford very high rents and the corresponding 10-month security deposit. This eliminates a number of properties from your shortlist.
The ones you would find plausible would check a few, but not all, of your checklist’s boxes. As a result, you’ll need to spend more money on furniture and appliances to make it a place worth living in.
Furthermore, you have the option of leasing for as little as one month. If you have a career that requires frequent relocation, this is ideal. After you land, there are no hidden surprises. Electricity, Wifi, and housekeeping are all included in the monthly fee, so there’s no need to worry. You also won’t have to worry about a landlord constantly breathing down your neck. When you consider the perks, the rates at which these properties are available are really fair. The mere convenience of worry-free living is worth the expense because it eliminates all the uncertainties that come with living in a PG. You won’t have to pay extra for anything because all of your fundamental necessities are met.
So, what do you have to lose? You can simply sit on your couch at home and go through the PG alternatives in Bangalore, Delhi, Chennai, and Hyderabad before making your decision. The convenience of booking and living at a Colive property will be an entirely new experience for you.