According to a market research the global corporate housing market is expected to grow at a CAGR of 6.5% from 2024 to 2029 due to

• Globalization of Businesses
• Flexible Work Arrangements
• Cost-effectiveness

Key Market Insights

• Asia Pacific to be the fastest-growing region in the global market
• North India will hold the largest share of the Indian market
• The serviced apartments are expected to be the largest segment
• The short-term segment is projected to be the largest segment

Globalization, on the back of growing MNCs, Corporates and SMEs, along with the increase in Industrial and Commercial activities in India have seen an increase in numbers of relocating Expatriates to India, NRIs back to India, Young Employed people in India who all require rental properties to live or stay. This push is resulting in increased Demand for Housing, particularly in the areas close to business centres which is a significant change in rental preferences and market dynamics.