Student housing sector worth $200 bn: JLL

Nov 08 2012, 22:22 IST
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SummaryHousing for students has emerged as a new real estate asset class and is estimated currently at more than USD 200 billion globally with large number of Asians opting to study outside their home country, according to a report by global property consultant Jones Lang LaSalle.

- and this not include the rapid expansion plans that are underway to build new IITs, IIMs, SPAs and other reputed educational institutions. The demand for the right kind of student housing that such a scenario presents can well be imagined," Puri said.

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