The Professionally Managed Student Accommodation (PMSA) sector has been a bright spot amongst the alternative assets in the Indian RE industry. With a fast-track evolutionary journey backed by a steady inflow of migrating students particularly in large metro cities and major education hubs, providing quality accommodation to students has gained substantial traction. The higher education institutes (HEIs) can offer accommodation options only to a small proportion of the overall student volume, hence the private operators have a significant opportunity to participate in this segment. The student community too derives the benefit of the emergence of these private players who ensure safe and healthy staying options with significant facilities’ upgrades to these students away from their homes.
Through this report we aim to identify opportunities for PMSA operators in the key hubs of Delhi NCR, Bengaluru and Pune.
Exploring the Student Housing Universe in India
31/01/2020
Exploring the Student Housing Universe in India
Click here to read the report where we explore the student housing universe in India.
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Over 37 million (mn) students are enrolled in higher education institutes across India. Over 24% migrate from their home bases to pursue higher education in bigger, urban centres. In fact, Tier 1 cities make up 50% of total student enrolment in higher education, indicating the skewed preference for educational institutes in larger, urban centres.
In this report we explore GST-related challenges that the PMSA sector faces and recommend some measures which we hope may provide some directional suggestions to the authorities to enable a higher degree of Ease of Doing Business for this sector.
In this report we explore GST-related challenges that the PMSA sector faces and recommend some measures which we hope may provide some directional suggestions to the authorities to enable a higher degree of Ease of Doing Business for this sector.
GST & Student Housing - Analysing Tax Implications for a High growth Industry
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