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Pune co-living — how it changes investor math

Co-living operators (Stanza, Zolo, OYO Life, Hudle) lease whole towers. Yields are higher but with operator concentration risk.

Investing · 21 Jun 2026 · 6 min read

Co-living operators (Stanza, Zolo, OYO Life, Hudle) lease whole towers. Yields are higher but with operator concentration risk.

Numbers

Co-living lease yields run 4.5–6%, materially higher than direct retail rentals. But you carry operator credit risk and lock-in. Best for investors who already own multiple Pune units and want exposure to operator-led demand.

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