Project report for Paying guest


Introduction

Project report for Paying guest service is as followsWorth $200 bilion globally, the market in India is expected to grow significantly over the next decade,Providing student housing would seem at first glance to be an odd choice as a wealth-building option.After all, most students entering professional courses pay a bomb for the course itself — with the tuition fee and the capitation fee/donation frequently draining out the resources of their parents.Their stay arrangements during the four-/five-year course is seldom seen as warranting much attention. More often, a hostel accommodation at the ...


Product / Services & process

To provide well maintained, hygienic and affordable paying guest facility to students and working professionals. 


Market potential & Strategy

Worth $200 bilion globally, the market in India is expected to grow significantly over the next decade.The student living market is expected to rise to ?160-180 billion, based on data on student loans, capacity shortage and parents’ growing willingness to spend. What was once a series of shoddy, semi-furnished, cheap homes, has now transformed to swanky urban service apartments for students. The idea is to bridge the gap between what people want and what they get. The industry is less than five years old right now with most companies having begun operations around 2015-16. In fact, most ...


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