“We at DevX are proud to create the Deakin University India campus project in GIFT City. We stand committed to deliver a world-class, state-of-the-art campus that can easily accommodate the aspirations of a global university,” said Umesh Uttamchandani, Co-Founder, DevX.
DevX to set up Deakin University India campus in GIFT City financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The campus, set to come up on an area of 25,000 sq ft, will be developed as a platform for learning, working as well as networking, said Ravneet Pawha, Deakin University vice-president (Global Alliances) and CEO (South Asia).
Rising rental costs and limited availability of student accommodation have led to a housing crisis in Australia, with the cost of living and house rent increasing by 10-20%, according to a report by University Living. The report shows that the Australian student housing market has grown significantly in recent years and is worth approximately AUD 10 billion, with 90% of accommodation being off campus, while 10% of the market is on campus.