Hostel plots and coaching villas are two distinctive alternatives available in the Kota real estate sector in Rajasthan, which is known as the nation’s competitive test coaching hub.
Kota’s real estate market has expanded with the coaching profession as people invest in creating dormitories and other types of temporary housing for those arriving in the city to study for the examinations, as over two lakh students have done.
While locals who want to create their own enterprises typically purchase hostel plots, wealthy families who relocate to the city to stay with their children while they complete their competitive exam preparation and schooling are more likely to purchase coaching villas.
“The plot sizes that can be converted into hostels with 30, 50 and 70 rooms are the most popular. Each hostel room comprises a bed, study table and wardrobe. Each hostel has a mess, common area for recreation and some extra rooms that are designated ‘parents room’ and are occupied by them whenever they are visiting their children,” Property Dealer Shahbad Khan said.
In the last ten years, he asserted, “coaching villas and hostel plots” have been in demand, with the exception of the years when the Covid epidemic was prevalent. The coaching industry in Kota, which was formerly an industrial centre, is now worth Rs 6,000 crore. Every year, more than two lakh students relocate to Kota to study for competitive examinations like the JEE for engineering and the NEET for medical school admission.
According to Naveen Mittal, president of the Kota Hostel Association, there are 3,500 hostels and 25,000 paying guest (PG) rooms in Kota.
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