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SHIV DIXIT

Stealth • 5h

Idea For You Implement Now— “ Affordable Dome PG living service ” So guys, according to my research, in many Indian tier-1 cities like Bangalore, Mumbai, Delhi, Pune, and others, hotels, PGs, rooms, and other living spaces are highly expensive. This is the reason why most working professionals, students, laborers, and others are unable to afford comfortable spaces for long-term stays in tier-1 cities, especially since their salaries are often quite low, making it difficult to get good living accommodations and the combined market size of pg and room renting service in India is 26 Billon dollars and by 2030 it will reach 35 Billon dollars with the growth rate of 6%. Problems — • High Pg/Room rent prices in Tier 1 cities • High Sequrity diposit • Uncomfortable Bed • No Amenities and Accomodation • Located far from working space • High electric Bills • No wifi • No food • No entertainment • High Traveling cost • No personalization There are hundreds of problems that nowadays working professional , students and many people's are facing in these Tier 1 cities. Solution — According to my analysis, we can easily solve this problem and build a successful business around it with proper planning. I propose a highly innovative and advanced model called “ Dome Homes ” These Dome Homes will be located near parks, unused land, home terraces, and other areas within a 1 km radius, strategically designed for optimal convenience Dome Home Facility — • Inverter+ Battery operated 24×7 electricity • Sharing Wifi connections • 2 Times affordable food provided by our chef • Highly Comfortable Bed • Smart Lcd tv • Working desk and chair • Integrated bathroom and toilet • Located near offices • Design according to your requirement • Zero Sequrity diposit • Zero Noise Cooler • 5K Rupees Monthly Rent Also that's just a basic model and we will provide more things according to demographics demands and research. How To Start This Dome Business — Firstly, you have two options: you can either locally manufacture it or directly import it from China, which will cost you around ₹1 lakh per piece. In India, it will cost approximately ₹70,000–₹80,000. Additionally, to start this, you will need to share some commissions with local authorities, such as the municipal corporation, and obtain a few licenses like a No Objection Certificate Revenue Model — • Food — 4K • Dome rent — 5K • We will place 50 domes in initial phase • Cost of 50 domes is — 50 Lakh • Other cost like bed , tv , cooler , etc — 10 Lakh • Total Monthly revenue from food — 2 Lakh • Total monthly Revenue from Rent — 2.5 Lakh • Total Revenue — 4.5 Lakh At the end of the day, we can generate around 20% net profit in the initial phases, which amounts to ₹90K with highly strategic positioning and automation of all processes, we will scale this model globally, innovating extensively in this category. This approach can easily help us achieve revenue of ₹200-300 crores.

16 replies24 likes
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Ignoring tier 3,4 cities and rural side will have a huge impact on your company's revenue

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Anonymous

I need co-living or pg in Bangalore for 1 month stay without deposit please suggest and help me

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Suraj

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can someone suggest me what type of business should i do in tier 1 and tier 2 citys of india ?

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