The traditional concept of ‘home’ is changing dramatically as the world grows more linked. Presenting Housr, a co-living revolution where like-minded people from various backgrounds come together to build thriving, cooperative communities that reinvent the art of cohabitation. It’s a cultural revolution that honours the value of interdependence and group development rather than merely shared places!
Housr’s co-founder and CEO, Deepak Anand, asks us to picture waking up surrounded by other innovators, entrepreneurs and creatives who are all driven by the same desire to live in a community. A contagious spirit that ignites deep connections, encourages creativity and motivates personal development permeates coliving places! Co-living communities are redesigning the urban landscape one shared kitchen, co-working lounge and communal garden at a time as the boundaries between work, play and life become increasingly hazy.
The co-living trend encourages you to become a part of a vibrant, constantly changing community of people who are reinventing what it means to live, work and flourish together, regardless of your background—whether you’re a digital nomad, startup entrepreneur, or just an inquisitive person looking for connection.What changes do you think the demand for co-living will undergo in 2025 as urbanisation picks up speed and remote employment changes residential preferences?
Co-living companies are expected to lead the way in 2025 by customising their services to each city’s unique culture while maintaining the same high standards for comfort, connectivity and flexibility everywhere. As a result, it becomes important for companies to recognise and respond to the demand for experiences in various cities. We are preparing to update our products for 2025 in accordance with city-specific preferences and inclinations.
How do you strike a balance between luxury and accessibility, given that millennials and Gen Z are choosing real estate based on affordability concerns?
All of the homes are in the best locations around cities, giving residents excellent value for their money. We have created a cozy environment for them with convenient access to city activity. The subscription plans and clever pricing structure give today’s kids the freedom to choose what best fits their budget. By implementing zero security deposit move-ins through platforms like CirclePe, we have done away with customary deposits and given residents access to the best-in-class living spaces at reasonable pricing. We are transforming shared living by staying sensitive to individual needs and offering flexible pricing.
Living spaces are becoming more and more personalised thanks to technology. What advancements in co-living do you think will become unavoidable over the next five years?
In order to make life more comfortable and convenient, co-living will rely more and more on AI-based technologies over the course of the next five years. While on-demand services will make it simple to meet individualised demands, AI-based space optimisation will allow people to make the most of their available space. To enable personalised living spaces, in-app hyper-personalization will become essential; the app will control everything from lighting to room adjustments. The residents’ daily lives will be considerably made easier by these technology. These clever, practical solutions will be a top focus as co-living develops further, making them essential to modern living.
In what ways do you think this hybrid model will challenge the dominance of serviced apartments and hotels in urban markets?
By competing with conventional hotels and serviced apartments and providing a model that incorporates the finest aspects of each by enabling more flexible and communal stays, the co-living hybrid model has upended the hospitality sector. Co-living bridges the gap by combining the advantages of both models, whereas hotels focus on short-term visits and serviced apartments on long-term rentals. Business travellers can take advantage of first-rate accommodations with a dash of community and experiential perks when they book. In response to the growing need for adaptable living spaces that provide immersive experiences rather than just accommodation, this paradigm reimagines city life.
Experience is more important to post-pandemic travellers than lodging alone. How can it set itself apart in the hospitality industry by fusing upscale hotel-like amenities with intimate residential settings?
In order to give our residents an immersive experience, we have distinguished ourselves in the hospitality sector by fusing the coziness of home with the upscale amenities of a luxury hotel. We provide round-the-clock resident assistance through competent cleaning personnel, qualified hospitality workers and planned community events to strengthen ties amongst residents. Travellers looking for authentic, long-term experiences after the pandemic will find this balance appealing. Traditional hotel chains can learn from co-living and emphasise connection over short-term stays and personalised experiences, providing value beyond short-term accommodation.
How does it make sure that, rather than focusing on shared convenience, its common areas promote meaningful interactions?
We actively create micro-communities in addition to providing common areas. We ensure that residents participate in meaningful connections that go beyond convenience through carefully planned events and networking opportunities. We frequently host stand-up comedy, movie evenings, gaming and jam sessions, evening soirees, and more. These gatherings, which are based on common interests, provide a wonderful opportunity for residents to bond and foster a feeling of community. By placing a high value on purposeful community development, we hope to foster an environment where deep connections can grow.
How can co-living areas in build-to-suit houses be future-proofed so they can adjust to changing customer needs without requiring regular structural changes?
Above all, build-to-suit (BTS) homes provide flexibility. Their build-to-suit buildings’ modular construction and creative, flexible layouts make it simple for co-living participants to modify the spaces to accommodate tenants’ evolving lives. These buildings use smart technology that ensures lifespan and enhances operation, ensuring sustainability without requiring constant redesigns or significant overhauls. Flexible housing options are becoming more and more important as urban densities rise.
The concept of “home”is changing. Do you believe that build-to-suit co-living spaces might supplant traditional homeownership as the desired living model for the next generation in a society where people are looking for stability and mobility?
The idea of a home has changed as a result of the younger generation, especially Gen Z, being more interested in experiences than in ownership. Because they provide transportable, lifestyle-focused housing with community, convenience and flexibility as the main considerations, build-to-suit co-living spaces have become the perfect fit for their demands. Because of the dynamic and personalised environment these facilities provide, homeownership is no longer a requirement but rather an option. A few years from now, co-living may replace traditional ownership more than it will be a luxury option as a desired living model for future generations, as the attractiveness of stability increases along with mobility.
