 "PG accommodation, co-living sector, Bengaluru, Gen Z, Co-living market, Colliers India")
As the market moves away from traditional paying guest (PG) accommodations, co-living operators in Bengaluru are witnessing a surge in demand from Gen Z and millennials, particularly in the age group of 21 to 27 years, seeking cheap flexible stays, enhanced safety and premium amenities.
In the city, the trend has been further accelerated by closure of 200 to 300 PGs due to stricter Bruhat Bengaluru Mahanagara Palike (BBMP) regulations, coupled with layoffs in the IT sector, prompting entry-level professionals to opt for co-living.
“Co-living facilities offer a more structured, all-inclusive living experience with fully furnished ready-to-move-in spaces at affordable
