"The next ten years belong to India", says Abhishek Kumar (The Covie)
Contrasting Europe’s impending recession, residential opportunities in India are abundant
Written by Helen Richards
Abhishek Kumar, Co-Founder of The Covie, joined Europe GRI 2023 this year, GRI’s largest networking event to date. Operating in five cities across India in the student living and co-living sector, Abhishek joined Europe GRI 2023 to share insights from the region and gain from those in Europe.
During the event, Abhishek joined Gustavo Favaron, CEO & Managing Partner at GRI Club, to discuss The Covie and his outlook for Indian real estate.
Reflecting on Europe’s concern of a coming recession, Abhishek shared his optimism for India, a region with an abundance of opportunities across all asset classes, but predominantly in student living and co-living. India’s population is young, mobile, and global, with 35 million people moving states each year for studies.
Both student living and co-living are certainly better established in Europe - one of the motives for Abhishek’s participation in Europe GRI 2023 - however in terms of market conditions and opportunities, India is where it’s at.
The annual India GRI 2023 will be held next month on October 11-12 in Mumbai. Find out more and register here.
Watch the full interview with Abhishek Kumar here:
