India's Student Housing Market Poised to Expand Amid Growing Demand
India's student housing market is on the brink of significant growth, driven by a surge in higher education enrolments and the increasing need for reliable accommodation in education hubs.
Student HousingHigher EducationReal EstateIndiaEducational HubsReal Estate NewsFeb 05, 2025
According to data from the Ministry of Education, student enrolment in higher education hit 43.3 million in 2021-22, marking a 26.5 per cent increase from 34.2 million in 2014-15.
Experts in the real estate sector are optimistic about the potential of this segment.
Santhosh Kumar, vice-chairman of Anarock Group, a leading real estate consultancy, stated, “The Indian student housing market is projected to reach approximately $780.5 million by 2030, with a Compound Annual Growth Rate (CAGR) of 6.6 per cent from 2025 onwards.” This growth is attributed to the increasing number of students migrating to urban areas and educational hubs for higher education.
Sunny Garg, co-founder and CEO of a prominent student housing provider, echoed this sentiment, saying, “I expect the student housing market to grow by 20-30 per cent annually, if not more, for at least the next decade.” This forecast is based on the continuous rise in higher education enrolments and the growing need for quality accommodation.
The demand for student housing is particularly high in key educational cities such as Delhi, Mumbai, Bangalore, and Hyderabad.
These cities are home to some of the country's top universities and attract a significant number of students from across the country and even abroad.
As a result, the need for well-equipped, safe, and affordable accommodation is on the rise.
Real estate developers and investors are increasingly recognizing the potential of this market.
They are investing in the development of new student housing complexes that offer a range of amenities, including study rooms, recreational facilities, and on-site management.
These complexes are designed to provide a comfortable and supportive environment for students, enhancing their overall educational experience.
The government is also taking steps to support the growth of the student housing market.
Initiatives such as the
Frequently Asked Questions
What is the current size of India's student housing market?
According to recent market reports, the Indian student housing market is estimated to reach approximately $780.5 million by 2030.
What is the projected growth rate of the student housing market in India?
The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.6 per cent from 2025 onwards.
Which cities in India have the highest demand for student housing?
Key educational cities such as Delhi, Mumbai, Bangalore, and Hyderabad have the highest demand for student housing due to their top universities and large student populations.
What factors are driving the growth of the student housing market in India?
The primary factors driving growth include the increasing number of students enrolling in higher education, the need for quality accommodation, and government initiatives to promote affordable housing.
What are the main challenges facing the student housing market in India?
The main challenges include the high cost of land in urban areas, regulatory hurdles, and the need for better infrastructure.
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