The mass layoffs by tech companies have made landlords in Bengaluru jittery about taking on tenants from the IT and startup sector. Employees of such companies are struggling to cope with the ever-changing demands of the landlords.
The multilateral institution says nearly all forces that drove economic progress over the last 30 years are fading and the global economy s speed limit is on track to fall to a three-decade low by 2030
Co-living rentals have increased by at least 30 percent since the last year and are likely to increase by 10 percent further. Yet co-living uptake is growing 40 percent, with several players lining up new projects.