Suresh Rangarajan is a
successful entrepreneur who has greatly
transformed urban living for millennials and generation Z. Having started out as a chartered accountant; he explored real estate and its role in
building IT hubs. He realized the potential of creating living spaces for
professionals, who work in IT centers and business parks, and who usually
belong to a different city and may not be living with their families. This fuelled the idea of community living which
eventually led to the establishment of Co-Life in 2016 by Suresh Rangarajan
1.
Better
safety
Suresh Rangarajan
realized that most people who move out of their hometowns to take up jobs in
urban cities are often insecure about their surroundings in the new city. This
is natural. Safety is factored in every
time a person tries to find a residence. This
is why Suresh Rangarajan ensured
that safety was at the core of Co-life, making it possible for several young adults to
live in a place where they feel secure.
2.
Easy
access to good facilities
Young
professionals are always in need of quality facilities and amenities like
entertainment hubs, gym area, water connection, and a reliable Wi-Fi
connection. All of these facilities aren’t always available easily when a
person starts searching for a home that he or she can rent or even at PGs and
hostels where they may often be bound
with too many rules and regulations. Suresh Rangarajan started Co-life keeping this in mind. As a result, it offers beautiful, well-maintained
living spaces with adequate facilities and amenities.
3.
Affordable
If
you were to find a good place with good facilities and amenities in an area close
to an IT hub or a business park, it is likely
that you would be paying a lot for it. This
is because real estate costs in these regions appreciate very quickly because
of high demand. When Suresh Rangarajan started Co-Life,
he made sure that the living spaces were made
affordable so that people could get good
facilities at a nominal expense.
4.
Professional
housekeeping services
Since
he has worked as a chartered accountant, Suresh
Rangarajan is aware that work may not make it possible for people to
maintain their homes themselves. This is why he has included professional
housekeeping services for people living in Co-Life. Suresh Rangarajan also offers property management services to the
landlords to make sure that the property is well-maintained.
5.
Easy
networking opportunities
Most
professionals are limited to their workspaces when it comes to networking. This often tips their work-life balance. It can
cause stress and also increase the chances
of depression. Suresh Rangarajan
established Co-Life to provide professionals with the opportunity to connect
with others outside their work-life. Co-Life encourages socializing by inviting
members to special events and parties.
Suresh Rangarajan is the
brains behind Co-Life. Headquartered in Bangalore, Co-Life is gaining traction
among millennials and has expanded into
other cities like Hyderabad and Chennai as well. It will grow to cover more
cities and plans to offer similar amenities to the college youth as well.