Bhubaneswar: Nestaway Technologies, India’s largest managed home rental network, Sunday announced the launch of ‘ Hello World’, an independent subsidiary of Nestaway that will focus on co-living and student housing. By leveraging technology, Hello World wants to provide a way of living that is high on convenience and low on compromise for young urban migrants, with spaces just like home.
Hello World is currently present in 15 cities, including Bangalore, Hyderabad Delhi/NCR, Pune, Kota & Dehradun, among others. In the last 5 months, Hello World is 10,000 beds strong with an impressive occupancy rate of 90%. Hello World customers will have access to their own private space, community gatherings in their buildings, smart-tech security systems, housekeeping, 24/7 concierge service, internal transfers to any other property with just 1-month rent as security deposit and zero brokerage fee.
“Almost 90% of the millennial population in America have a roommate. In a similar trend, the millennial population in India prefers to stay in a community where they not only share space but also share their interests, passions, and dreams. At HelloWorld, we host well-designed community events that bind the residents together, enriching them emotionally. For us, emotional safety is a big priority as physical safety,”said Hello World founder JitendraJagadev.
“It’s important for urban migrants to find a sense of belonging in a new city and a place to call home. Hence, our key focus will always be to provide emotional safety to our customers while encouraging community living,” he added.
Over the next 2-3 months, Hello World plans to launch in 9 more cities across the country aiming to reach 50,000+ beds in the next year.