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Hey I am on Medial • 3m

I need your opinion to validate my startup Idea 💡 ✅ Problem Validation Core problem: Working professionals from other cities are struggling with: High rent (₹7,000–₹10,000 for just a bed). Poor hygiene and broken appliances. Low food quality

Samanth Shetty

Building Nestsure • 3m

It's impossible to give Rent + Food combo at 4000-5500 in urban cities ( Letting you know as a PG owner's friend )

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Hey I am on Medial • 3m

i would like to know more about why it is impossible? could you please share your valuable insights?

1 Reply

Replies (1)

Samanth Shetty

Building Nestsure • 3m

The rent of the building will be anywhere around 2-4Lakhs depending on the rooms available. The maintanence will cost another 2.5-3L including staff salary, electricity and kitchen equipments Let's assume 10 rooms building, lemme explain with your idea 5 rooms are double sharing - fetching 10k each room - 50k 2 room are single sharing earning 10k each room - 20k 3 room triple sharing earning 15k each room - 45k Total revenue of that building will stand around 1.15L Rent of building will be around 60-70k for this 10 room building, electricity bill of minimum 15k . Here itself 85k vanished. Staff salary ? Kitchen food stuffs ? Staff salary minimum 40-50k for atleast 4 members no one would work for 6/7k for a month now. How will you get food stuffs for cooking ? How will you get profit ?

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