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The company was launched as a student housing business in Delhi NCR with a capacity of 100 beds, and grew to 14 cities by 2019. By early 2020, the company began catering to working professionals as well. [4] The company has a combined inventory of 70,000 beds under management for both students and working professionals. [5]
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
Mygate is an app created to manage security and community living in housing societies. [2] [3] The app was launched in 2016, and as of November 2021, it claimed to serve over 25,000 housing societies across 27 cities in India. [4] [5] [6] Mygate is owned by Vivish Technologies and headquartered in Bangalore. [7]
SDI's former president Jockin Arputham said in 2012: "Global solidarity of the urban poor has been a long-term dream for many of us in the SDI network. This dream began to take shape in the early 1990s when shack dwellers from South Africa’s informal settlements began to visit pavement dwellers living on the streets of Mumbai.
A hostel is a form of low-cost, short-term shared sociable lodging where guests can rent a bed, usually a bunk bed in a dormitory sleeping 4–20 people, [1] with shared use of a lounge and usually a kitchen. [2] Rooms can be mixed or single-sex and have private or shared bathrooms. Private rooms may also be available.
Most student housing cooperative members have full voting privileges on issues such as rent, future members, and community activity and then maintain an elected board of committee members who oversee the running of the cooperative. [7] Many student housing cooperatives require work shifts that help lower the overall cost of living.
The Housing and Urban Development Corporation Limited, abbreviated as HUDCO, is an Indian public sector undertaking engaged in housing finance and infrastructure project finance. The Govt Grants Navratna Status to PSU on 18-April-2024.
Housing in India varies from palaces of erstwhile maharajas, to modern apartment buildings in big cities, to tiny huts in far-flung villages. The Human Rights Measurement Initiative [ 1 ] finds that India is doing 60.9% of what should be possible at its level of income for the right to housing .