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These co-living startups are helping tenants sail through Covid-19

Firms are waiving the rent of those who have lost their jobs during the pandemic

Topics
co-living sector | Co-living market | Indian Economy

Samreen Ahmad & Raghavendra Kamath  |  Bengaluru/ Mumbai 

co-living, zolostay, nestaway, oyo, colive
The co-living space with a market size of $6.6 billion usually works on a lock-in period system. “We are not a hotel where people come for a few weeks to stay and leave,” said an industry player.

Last month, Sai Ashok Madugula was handed the pink slip by a start-up in Hyderabad, citing a financial crunch because of the pandemic. The biggest worry for him was paying the rent from his savings.

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First Published: Fri, July 03 2020. 02:07 IST
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