Despite approximately 34 million students in the higher education space in India currently, the options for student housing in the country are limited to basic campus housing, private hostels and the residential paying guest format. Quality accommodation, developed to cater to the specific requirements of students, is the need of the hour.
TribeStudent Accommodation offers up a package of services and a host of amenities that are set to revolutionize student housing as an asset class. An ideal environment for the all-round development of students is just the beginning.
From a keyless and cashless campus to laundry facilities, housekeeping, a fully-equipped gym, job fairs and counseling, Tribe Student Accommodation goes beyond air-conditioned rooms with en suite bathrooms, to amplify the student housing experience — bringing it on par with the best in the world. A 24x7 café with top-notch food, IT standard Wi-Fi, entertainment zones and study areas are a part of the package at each Tribe venue; starting with the very first accommodation space to be launched in Pune this month.
“The vision for this asset class is to provide a holistic living for all students,” says company co-founder Yogesh Mehra, who has more than 20 years of experience in the real estate industry. Mehra believes that India can aspire to be an education hub within South East Asia, if it were to focus on improving the overall experience of career aspiring students. Tribe aims to make this prospect possible.
Created after extensive research and analysis of the exact pain points of the student living experience given existing lodging options, Tribe Student Accommodation provides high quality, secure, hygienic and well-designed student housing, to improve the quality of a student’s life and provide maximum convenience and peace of mind to students and their parents. Designed for the discerning, Tribe elevates the student housing experience into a community that thrives together. It offers an ‘abode’ for students to ease and relieve any lingering stresses of the classroom, while encouraging independence and personal responsibility.
Having created Tribe’s first venue in Pune, the company will move to several other university towns and cities such as Indore, Bengaluru, Delhi NCR, Mumbai and Chennai in the near future.
With 6-month and 12-month stay packages tailored to the university academic year starting at Rs 1,17,000 and Rs 2,10,000 respectively, the summer vacations will see tie-ups with hostels and IT companies to increase occupancy by adopting a daily charge model.