"Dense student
populations that exist around prominent colleges positively affect the demand
for residential spaces as well as restaurants & small retail spaces.
As such, educational
institutions lend value to a location.
 |
| Mr. Anuj Puri, JLL India |
"In fact,the
future of this sector in India is extremely promising.
"The India's top
10 to 15 corporate schools have plans to develop a total of 800 to 1000 schools
over the next decade, aiming to deliver quality education to far-flung parts of
the country,"says Mr. Anuj Puri.
"The corporate
higher education industry is expected to build close to 1 crore square feet of
educational institution space over the next few years and this does not include
the rapid expansion plans that are underway to build new IITs, IIMs, SPAs & other reputed educational institutions.
The demand for the
right kind of student housing that such a scenario presents can well be
imagined."
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