Renting Vs Coliving – What’s Right for You? | As a student or a young professional, you have a lot on your plate. You’re balancing your professional life with your social life, getting used to adulthood, and feeling the realities of life sinking in. And since you’re living alone for the first time in your life, those realities seem a little scary. You’ve got a lot going on and the last thing you want is to have to worry about your accommodation and basic necessities. That’s why we want to help you make the best living decision. Should you rent a flat for yourself or check out some Stanza Living PGs? Is there any way for you to avoid dealing with brokers? And which option is going to be the best for your budget?
To help you answer these questions and more we’ve got a handy guide towards picking accommodation options in India. We’ll take you through a quick assessment of renting flats vs coliving accommodation so that you can make the best decision for yourself. So, put your fears aside and take a look.
If you’re someone who’s tired of sharing their space, you might prefer to rent an apartment for yourself, even if that can get a bit expensive. So, let’s take a look at what is involved in living in a flat on your own:
Privacy: There’s no doubt about it. Renting a flat will give you all the personal space that you’ll need. You won’t have to worry about nosy parents and siblings, intrusive roommates or a ton of rules and regulations. And forget having to spend ages waiting for a free washroom. You’ll have total freedom and privacy inside your apartment to live life the way you want to. And since you’ll be alone, you won’t have to worry about other people going through your stuff or messing with your organisation’s systems.
Household Management: You wanted to know all about being a Real Adult, well, living in a flat is going to teach you just that. Since there’ll be no one to pick up after you here, you’ll have a chance to pick up some essential household management skills. From planning your grocery list to cooking your own meals to paying the bills on time, you’re going to have plenty of chances to become responsible for your own self. So unless this is the route you want to take,you’d be better outsourcing everything from groceries and meal preparations to laundry and housekeeping to someone else.
The modern cousin of living in a hostel or PG, the concept of coliving is picking up a lot of speed in India, as is evident from the emerging coliving PGs in Hyderabad, Delhi, Bangalore and other big cities. Let’s take a look at how it is different from renting an apartment.
Amenities: No one actually likes doing household chores, right? And that’s what coliving takes care of for you. Since you’ll be living in a residence that’s professionally managed, you’ll get to enjoy several amenities like housekeeping, laundry, food, and more included in your monthly rent. So you can actually focus on living your life well.
Since you’ll be living with others, there will be some basic house rules that you’ll be expected to follow. So if you’re someone who’s looking for complete independence and doesn’t want to be tied down in any manner, this managed living style might not be for you. But if you’re looking for a sense of structure in your life, go ahead and try coliving.
And there you have it. The differences between renting flats and coliving so that you can decide which one is best for you. So do your research and think about your priorities well before you choose one.