Hospitality

Now you can rent a house from OYO at Rs 7999/month

Oyo Rooms have now started offering houses on rent at an affordable price beginning from Rs 7999 per month. Launched under the name, Oyo Living label, the company has over 2,000 beds in Noida, Gurgaon, Bangalore and Pune to begin with. OYO Living aims to expand to the top 10 metros by the end of 2019 and will offer over 50,000 beds.

“OYO Living is conceptualized based on the feedback and demand from customers and asset partners. We saw this as a huge opportunity and decided to leverage our hospitality experience to offer a first of its kind end to end fully managed living experience,” said Ritesh Agarwal, CEO & founder, OYO Hotels & Homes.

Oyo Living offers fully-managed independent residential units, inclusive of contracting, furnishing, cleaning, maintenance and in-stay services. Each accommodation will also provide essential amenities like Wi-Fi connectivity, television, regular housekeeping, power backup, CCTV surveillance, and 24/7 caretaking. Starting with Rs 7,999 per bed, per month, where Oyo takes complete control of their property, including regular maintenance and professional upkeep of their properties, while ensuring guaranteed rental yields.

Oyo Living will offer a first of its kind, end to end managed, a comfortable, high-quality living experience that eliminates the hassles of finding, accessing and managing everyday housing. These accommodations are easy to find and easier to live in, where all people can experience the benefits of shared spaces while enjoying financial independence. Oyo Living will also offer comfortable spaces for reading books, work-from-home desks, yoga and meditation zones, facetime, and skype corners, amongst others.