Long gone are the days when the only predicaments plaguing the minds of students were cumbersome coursework and pulling all- nighters. Times are such that even securing good marks doesn’t ensure a seamless admission process. In fact, percentages and grades flag off a whole lot of other concerns- the most prominent among them being the contentious issue of having a room over one’s head and four walls around oneself. This becomes an even greater concern when one factors in the facts and figures. A survey that subsumed the top 20 colleges of India in terms of enrollments indicated about 5 million students who are at the brink of obtaining higher education. Out of this lot, merely 63% ( 46% local students and 17% who avail of institutional accommodation) have their housing needs taken care of. Close to 83% of outstation students remain in the lurch regarding accommodation and rely mostly on PGs and rental flats. Amidst all these worries, then, it’s no shock that India’s GER stands at a measly 18%, as compared to the considerably higher 26% global level.
It’d be safe to surmise that the above indicates a large market whose demand is being met lesser and lesser by the very non- transparent institutional accommodation allocation. The alternative provided by unregulated rental market- with its sub par service, widespread exploitation and fragmented information- leaves large scope for radical revolution by a highly digitised mechanism in this sector.
Enter StudentAcco, India’s first 100% students-only accommodation portal that brings all the PGs and rental-flat accommodation in the student-centric hotspots of Delhi-NCR under one roof to facilitate an informed, swift and transparent transaction. It’s a new age online aggregator that proffers impressively more than 25,000 accommodations that vary across a plethora of dimensions and requirements.
HANDHOLDING- FROM THE BEGINNING TO THE END
StudentAcco can be seen as donning the role of a virtual counterpart of a highly reliable, technology driven and far-reaching broker who takes care of identifying suitable properties, negotiating with property owners and collecting verifiable data about the said properties. In doing so, it effectively creates a service delivery platform that fosters rise in standards regarding student accommodation in the market.
The onus of browsing, shortlisting and selecting is what ultimately falls on the customers i.e. the students. StudentAcco curates such an extensive list of properties that it caters to a set of priorities, containing but not limited to cost, service standards, convenience and safety. What’s more if that it doesn’t desert the students post these preliminary steps. There is full succour provided with move- ins and move?-?outs, paperwork and maintenance.
CENTRED SOLUTION TO FRAGMENTED PROBLEMS
StudentAcco troubleshoots a host of problems. It counters the acute dearth of student residences and even the inate bias against allotting accommodations to the young community. Using an intermediate amalgamated platform diminishes the risk of money being forfeited in the hands of volte-face middlemen. Immaculate certification of properties satisfies the safety related concerns of parents. This satisfaction is further enhanced with the 24×7 helpline services provided by StudentAcco chaperones.
This one of its kind unified platform uses strong supplier association and highly-developed technology to overcome minuscule physical ground connect. Hyper-local concentration gives way to better quality of properties and services. Charging no brokerage and listing accommodations that are easy on student’s purses break all monetary barriers. All these go on to evidence how Studentacco has its finger on the pulse of Gen Y students and providing them with what they need as well as what they want.
BENEFITS ABOUND TO ONE AND ALL
To claim that the advantages of StudentAcco are unidimensional would be a gross misinterpretation because these branch out to more than just the student community.
As students today are more likely to scout out places online, this extremely innovative market model awards property owners with better than ever occupancy which then translates into 20-30% higher rentals. It takes over most of the burdening work on their behalf, such as that of tenant verification, rent collection and all legal paraphernalia. Working in unison with such an organised player leads to added credibility and utilisation of more developed infrastructure and intellect.
Investors, too, stand to gain immensely based on revenue stream from rental commission and tapping of niche market in the organised sector which’ll be supported by intensive brand differentiation and robust marketing.
A GOOD KIND OF DIFFERENT
In making the giant leap from previously being a student housing facility to having metamorphosed into an aggregator listing accommodation, StudentAcco faces no domestic competition currently. It also has an edge over similar international ventures as it’s the only one on home ground and can thus ensure thorough physical inspection.
The website exhibits a variety of authentic visual representations that give a virtual tour to the to-be inhabitants. Unlike other unscrupulous sources, these pictures are clearly devoid of exaggeration or eye-washing. Thus cachet is most valuable for those who book without personal tours. Through the site, users can compare multiple accommodations and even contact owners for clearance of doubts. StudentAcco itself lends an ear to all sorts of queries coming from the students that can be posed through the site, and ensures that the principle of ‘ caveat emptor’ is upheld.
Detailed descriptions of surrounding areas, information about utilities and assistance with domestic issues and disagreements with landlords are other frills associated with Studentacco.
PIONEERING A NEW REALITY
At the heart of its many bells and whistles lies StudentAcco’s genuine desire to house the student community. And to house them well. It endeavours to satiate all questions related to housing at a single click of the finger. It’s claim of knowing its target market inside out finds ample support in its offering of contemporary facilities like WiFi services, kitschy but durable furnishings and verified flat mates. This is, of course, in addition to primordial amenities like food and safety.
While transitioning into adulthood, uncertainties and apprehensions are par for the course. But housing need not necessarily cone under this purview. It shouldn’t spoil otherwise perfect college plans. No less than a students’ messiah, StudentAcco is bound to move forward, bolstered by its proclivity for creative solutions, stable financial facet and desire to improve continuously.
There are houses out there. And there definitely are students who need them out there, too. Studentacco is the proverbial highway that makes the journey between the two far less chaotic and far more easy.