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Below the Budget Reaction on Student Housing by Rohin Agarwal - Vice President at Avener Capital

“To sharpen its focus on making India as the global knowledge hub by 2047, Union Govt has announced a dedicated budgetary support focussed on AI excellence of INR 500 cr this year. This follows last year’s UGC regulation permitting international universities to establish in India. As a result, student housing is expected to witness an unprecedented demand to ensure quality accommodation matches with education standards. This is emerging as a new asset class with stable long term returns combined with a low risk profile which is evident from the fact that institutional capital is now actively looking to deploy in this sector.”

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