INVESTMENT

OPPORTUNITY IN
CO-LIVING
SPACE
IN INDIA
 Co-living is rewarding.
For all.

Co-living is a rental accommodation that offers both private rooms as well as shared communal spaces
like kitchen and recreation. Across the world, co-living as a concept has evolved and gained ground.
From a small group of apartments to an asset class that mirrors housing properties, it is gaining
widespread interest from young professionals, students and investors alike.

Global funding in co-living spaces has grown by more than 210 % annually since 2015.
India, with its rising young population, is poised to lead in the Asia Paci ic, across cities like
Bengaluru, Jaipur, Gurgaon, NCR and Pune.

Co-living works. And how.

Comfort Convenience Community

Comfort of a home Community recreational

away from home Ease of renting events & celebrations

Fully serviced No brokers or Meeting like

spaces middlemen -minded peers

Affordable Flexible renting Shared - kitchen

options choice & other amenities
 Presenting
THE NEW
ASSET CLASS
A sharing economy is reshaping the real estate sector as well.
The co-living concept is emerging as an asset class and several players are
looking to take a share of this global opportunity. With increasing urbanisation,
it is the growing migrant population that is driving this trend. The migrant
population prefers renting over owning a house, thus increasing the demand
for co-living. The projected preference for rented accommodation by
millennials over the years is only going to grow stronger.

Migrant millennial workforce to grow 1.5x

2018 2023F.
4.7 mn. 7.0 mn.
Source: JLL Research, Census 2011

Preference for rented accommodation to remain strong

(In thousands)
6,228
7000 5,664
5,241
5000 4,918
3000 4,476
4,111
1000
6000
4000
2,000
1,000
2018 2019F 2020F 2021F 2022F 2023F

Source: JLL Research

Grabbing a share of an
untapped market
As a growing market, co-living is attracting several organised players.
Yet, a considerable portion remains untapped and ready for growth opportunities.
Institutional investors are pumping in funds in co-living space in India. The search for
higher returns brings investors to alternative assets like co-living.

Potential demand for organised co-living (In thousands)

3,635 4,026 4,436 4,788 5,206 5,696

94 176 242 317 392 470

2018 2019F 2020F 2021F 2022F 2023F

Potential Demand Realised Demand

Source: JLL Research

 Space for more growth
The co-living space in India is
worth $12 billion i.e. INR 83,000 Crores

Opportunity size - Coliving

Number of urban
white-collar millennials
in the workforce looking
for housing - 2018

Millennial white collar

Urban Population
urban Population 34 Mn
470 Mn

White collar urban

Population 67 Mn

Migrant Millennial white collar

urban working population
Urban Working
Population 176 Mn 10 Million

Opportunity size of the market - 2018

Urban white-collar working millennial
looking for housing 10 Million
Average annual rent per bed 923 USD
Total market opportunity for for co-living
9,441 Million USD USD
from the work force
12
Total market oppurtunity for co-living 11,802 Million USD Billion
from the workforce and education

1. Assuming that 30% of the White collar millennial working population are migrants
(not currently living in their area of permanent residence) and would be looking for housing options
2. The working millennial
Wellarelocated
assumedontoNational
make 80%Highway
of the opportunity
8 | 70and kmthe students
away frommake
Newthe remaining 20%
Delhi
3. Average monthly rent per bed is assumed to be 5000:1USD=65
200 km from Jaipur | 40 km from Gurugram | The nearest Airport is Indira Gandhi Airport
4. Assuming that the growth in white collar millennial working population is the same as growth in urban population ie 4% p.a.
Regional centre or Priority town of NCR
Preferred residential hub for MNCs and industries in Manesar and Dharuhera
The Delhi-Mumbai-Industrial Corridor passes through Bhiwadi
 Investing in
co-living is investing
in the future
Urban migration has increased due to education and professional commitments.
This puts pressure on the existing opportunities for accomodation. Together with
rising rentals and unavailability of ideal spaces, a growing millennial population is
choosing co-living as a new way of life.

34% of Indian population of millenials,

the Gen Y in 18-35 yrs category is driving this segment.
This population is only expected
to grow to 42% by 2025.

Who is choosing co-living

Young professionals | Single women
Freelancers/contract-based assignments | Students

What makes co-living the choice of the millennials

Growing mobility for work and education

Desirability of tech-enabled living

Hassle free living so that millennials can focus on careers

Change in buying trends - from ownership to a ‘sharing economy’

Growing unavailability of rental opportunities

Rising need for affordable and safe spaces

Need to connect and collaborate in a global world

Plug and play model supports the new lifestyle of millennials

 Compared to typical
real estate investments with

Lack of quality Stagnant Low

real estate investment property rental
opportunities prices yields

Co-living
promises

Dense floor Higher rental yield Growth

plates because of because of low due to
sharing of spaces entry barriers in increasing
like kitchen the segment demand
Presenting
a growth
partnership
in India's
growing
co-living
space
 Empowering Co-living
Energizing Real Estate
We are a constantly rising real estate development group based out of Delhi-NCR with a keen
interest in Tier II towns of the country.

An eye on the future and a rm grip on customer expectations has helped us perfect the art of
delivering homes across multiple cities. After successful projects in Chennai, Bhopal, Delhi and
Ahmedabad, BDI, formerly known as Surendra Group, has forayed into successful partnerships
and various housing sectors in the booming realty space.

IN KEEPING WITH THE CURRENT DEMANDS

IN REAL ESTATE, BDI HAS SHIFTED ITS FOCUS ON
DEVELOPING REAL ESTATE TO FUEL THE
RISING CO-LIVING PHENOMENON.

OUR TARGET IS TO DEVELOP CO-LIVING

PROJECTS IN FAST DEVELOPING TIER II CITIES
ACROSS INDIA,

IN ORDER TO ENSURE END-TO-END

INTEGRATION OF THE CONCEPT BDI HAS ENTERED
IN A STRATEGIC PARTNERSHIP WITH ‘VHIVE’
A PROGRESSIVE CO-LIVING STARTUP FROM DELHI-NCR
 Our Projects
at a Glance

19 ACRES, 1166 UNITS 13.5 ACRES, 914 UNITS

IN BHIWADI IN BHIWADI

gnZm| H$m Kam¢Xm

32 ACRES, 3840 UNITS 16 ACRES, 1680 UNITS

IN ALWAR IN BHIWADI

BHOPAL NEW DELHI CHENNAI

SURENDRA PALACE SURENDRA ESTATE NEW COSMOPOLITAN CGHS SURENDRA IT PARK
(Over 750 Flats) (Over 40 Villas) (88 Apts Project, Dwarka) (A 19 Storeyed IT Park
at Adyar, Chennai)
SURENDRA ENCLAVE ADITYA AVENUE PANCHSHEEL APARTMENTS
(Over 70 Villas) (140 Luxury Villas) (90 Apts Project, Dwarka)

SURENDRA VIHAR HOTEL SURENDRA VILAS GULMOHAR APARTMENTS

(17 Acres Township) (4 Star Business Hotel) (60 Apts Project, Dwarka)

SURENDRA GARDEN SURENDRA LANDMARK GULMOHAR VALLEY

(Over 90 Villas) (A 350 Room Student Hostel) (120 Apts Project, Dwarka)
 vhive is an upwardly moving co-living startup offering plush, contemporary and affordable
accommodation for students and young professionals in Delhi-NCR and fast developing
Tier II cities across the country.

OFFERING
Fully furnished and professionally serviced personal and
shared accommodations

A perfect community experience with lifestyle and entertainment amenities like

gym, swimming pool, game/sports zones, study & interactive areas etc.

Well-appointed interiors to ‘ghar ka khana’ by top chefs

 The vhive Difference
More friends, more fun. No bar on friends and family • Carefully curated events at Vhive!
• Integrated App for all amenities •Well equipped apartments with human technology

Fully Air-conditioned Common sitting lounge

Apartments

Personal wardrobes Hygienic washrooms

with ample storage with geysers

Shuttle Service Hassle & cost-free

to City Centers repair & maintenance

Delicious & nutritious

High-speed 24/7 home-cooked food by
WIFI access Security professional chefs

World-class gym, swimming pool, Indoor

and recreation lounge games

Enjoy company of Gaming Console,

like-minded companions Pool Table, Foosball

Integrated App for support Prepaid

repairs and concierge Meter

Smart Lock Technology Rent payment through App

As a start-up, vhive aims to deliver our apartments in Delhi NCR with at least
1000 beds within this year. The growth plan however is to expand across North
India with a target of achieving 10000+ beds in the next year.

vhive currently operates 200 bed

facility at BDI properties
 ONE
AT BDI AMBBARAM

Millenia One is the rst of our many ambitious

developments for Co-living. Being developed at
our already delivered township project BDI
Ambbaram, this stand alone tower will exclusively
house vhive and its hivers.

Total Floor: G+12

Total Units: 96
Unit Area: 980 Sft.
Total Beds: 480
Artists’ impression of a typical
2 Bedroom Co-living Unit
 ONE
INVESTMENT
UPTO
13 %
IRR

AND 100%
PEACE OF MIND.
 ONE
AT BDI AMBBARAM

Investment Plan*
Cost of 980 SQF 2 BHK apartment 24,00000
6% Annual Rental Income `1,44,000

Rental Income for 5 Yrs `7,20,000

Property Appreciation rate @ 7% `8,40,000

Net Return in 5 Yrs `15,60,000

Absolute Return on Capital Employed 65%

Net Asset Value after 5 yrs 41,25000
Returns Compared to others

*T&C Apply.
 BHIWADI:
DESTINATION

ONE
AT BDI AMBBARAM

3rd largest Industrial town in India

Home to a large loating

population in industries
In keeping our resolve to take Co-living to the tier II cities of India, Millenia One
is being developed in Bhiwadi, the ‘spotlight’ industrial town of Delhi-NCR.

Apart from being the second largest industrial town in India, this city presents
itself as an ideal launchpad for many young professionals and sees thousands
trying to nd their feet in various reputed large scale industries.
 WELL 70 KM
200 KM 40 KM
LOCATED ON AWAY
FROM FROM
NATIONAL FROM
JAIPUR GURUGRAM
HIGHWAY 8 NEW DELHI

PREFERRED
REGIONAL
THE NEAREST RESIDENTIAL HUB
CENTRE OR
AIRPORT IS FOR MNCS & INDUSTRIES
PRIORITY TOWN
IGI AIRPORT IN MANESAR AND
OF NCR
DHARUHERA

PROPOSED RAPID METRO Under Construction

LINE FOR WELL Delhi Mumbai Industrial Corridor
CONNECTIVITY WITH DELHI just 3 km away
& GURGAON from the property

Few industries near project

 THE FUTURE
IS NOT IN PLAN.
ITS IN ACTION.
BDI and vhive have put together an ambitious plan to expand co-living
developments into emerging tier II towns with promising ow of oating
population of students and young professionals. Beginning with Millenia One
in Bhiwadi, the alliance will soon be moving to

JAIPUR, KOTA, ALWAR, UDAIPUR IN RAJASTHAN

AND INDORE AND BHOPAL IN MADHYA PRADESH

ACT NOW!
CALL: 98105 73567, 96672 40456

STRATEGIC PARTNER

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BRX
A Legacy of Trust & Services