Gone are the days when the only problems plaguing students’ minds were cumbersome coursework and sleepless nights. Times are such that even getting good grades does not guarantee a smooth admission process. In fact, the percentages and ratings point to many other concerns, the most prominent of which is the contentious issue of having a room over your head and four walls around you. This becomes an even bigger concern when facts and figures are taken into account. A survey that included the top 20 universities in India in terms of enrollment indicated around 5 million students who are on the verge of getting higher education. Of this batch, only 63% (46% local students and 17% using institutional housing) have their housing needs met. About 83% of outstation students are still in the lurch when it comes to accommodation, relying mainly on PG and rental flats. Amid all these worries, then, it is no surprise that India’s GER sits at a paltry 18%, compared to the considerably higher global level of 26%.

It would be safe to assume that the above indicates a large market whose demand is less and less being met by highly non-transparent institutional housing allocation. The alternative provided by the unregulated rental market, with its poor service, widespread exploitation and fragmented information, leaves ample scope for a radical revolution through a highly digitized mechanism in this sector.

Enter StudentAcco, India’s first 100% student-only accommodation portal bringing together all PG and flat rental accommodation in Delhi-NCR student-focused hotspots under one roof for easy one transaction informed, fast and transparent. It is a new age online aggregator that impressively offers more than 25,000 accommodations that vary in a plethora of dimensions and requirements.

HOLDING THE HAND – FROM THE BEGINNING TO THE END

StudentAcco can be seen as playing the role of a virtual counterpart to a highly trusted, technology-driven and far-reaching broker who is tasked with identifying suitable properties, negotiating with owners and collecting verifiable data on such properties. In doing so, it effectively creates a service delivery platform that encourages higher standards regarding student accommodation in the marketplace.

The responsibility of browsing, shortlisting and selecting is what ultimately falls on the clients, that is, the students. StudentAcco curates such an extensive list of properties that caters to a set of priorities, including, but not limited to, cost, service standards, convenience, and safety. It is more if that does not lack that the students post these preliminary steps. Full assistance with moving and moving, paperwork and maintenance is provided.

FOCUSED SOLUTION TO FRAGMENTED PROBLEMS

StudentAcco solves a number of problems. It counteracts the acute shortage of student residences and even the exaggerated bias against allocating accommodation to the youth community. Using an intermediary amalgamated platform decreases the risk of money being lost to turnkey intermediaries. The immaculate certification of the properties satisfies the concerns of parents related to security. This satisfaction is enhanced by the 24×7 helpline services provided by StudentAcco chaperones.

This one-of-a-kind unified platform uses a strong vendor partnership and highly developed technology to overcome small physical grounding. Hyperlocal concentration gives way to better quality of properties and services. We do not charge any brokerage and list accommodation that is easy on students’ pockets and breaks all monetary barriers. All of this goes on to show how Studentacco has its finger on the pulse of Gen Y students, providing them with what they need and want.

THE BENEFITS ABOUND FOR EVERYONE AND EVERYONE

To say that the benefits of StudentAcco are one-dimensional would be a huge misconception because they extend to more than just the student community.

As today’s students are more likely to search for places online, this wildly innovative market model rewards landlords with better occupancy than ever before, which then translates to 20-30% higher rents. It takes care of most of the heavy lifting on your behalf, like tenant verification, rent collection, and all the legal paraphernalia. Working in unison with such an organized player leads to greater credibility and utilization of a more developed infrastructure and intellect.

Investors also stand to gain immensely based on rental commission revenue stream and niche market exploitation in the organized sector, which will be supported by intensive brand differentiation and strong marketing.

A GOOD KIND OF DIFFERENT

Making the leap from formerly a student housing facility to metamorphosing into aggregator listing accommodation, StudentAcco currently faces no national competition. You also have an advantage over similar international companies as you are the only one in your country and can therefore guarantee a thorough physical inspection.

The website features a variety of authentic visuals that provide a virtual tour for prospective residents. Unlike other unscrupulous sources, these images are clearly devoid of exaggeration or eyewash. Therefore, the cache is more valuable for those who book without personal tours. Through the site, users can compare multiple accommodations and even contact the owners to clarify doubts. StudentAcco itself listens to all kinds of questions from students that can be raised through the site, and ensures that the ‘caveat emptor’ principle is respected.

Detailed descriptions of the surrounding areas, information on utilities, and assistance with domestic problems and disagreements with landlords are other luxuries associated with Studentacco.

PIONEERS IN A NEW REALITY

At the heart of its many bells and whistles is StudentAcco’s genuine desire to host the student community. And house them well. It strives to quench all housing related issues at a single click of the finger. Its claim to know its target market inside out finds ample support in its offering of contemporary amenities like WiFi services, cheesy yet durable furnishings, and verified roommates. This is, of course, in addition to paramount comforts like food and security.

During the transition to adulthood, uncertainties and apprehensions are par for the course. But the house does not necessarily have to be under this scope. It shouldn’t spoil the perfect college plans. No less than a messiah for students, StudentAcco is destined to keep going, fueled by his propensity for creative solutions, stable financial facet, and desire for continuous improvement.

There are houses out there. And there are definitely students who need them too. Studentacco is the proverbial highway that makes the journey between the two a lot less chaotic and a lot easier.