Bengaluru has the highest concentration of university colleges in India with 6.6 lakh students, of whom over 3 lakh require accommodation and almost 90% (2.7 lakh) of them depend on private homes in the absence of campus housing. Pune may boast of being the Oxford of the East, but 1.9 lakh of the 2.6 lakh students don’t get oncampus residence space. These are some of the findings of a Knight Frank survey released on Friday.Hyderabad, Jaipur, Nagpur and Noida have large migrant student populations looking for accommodation amid their pursuit of a degree. In Jaipur especially, 85% of students are from outside the state, but just 15% of them are housed on campus. Campus accommodation meets only 20% of current demand At best, only 20% of the current demand across the country is met by accommodation provided on campus by universities. “Currently, private homeowners continue to dominate the student-housing market. The majority of students either rent apartments or live in private hostels outside the university campus,” said Saurabh Mehrotra, national director of advisory services, Knight Frank India. “The quality of this accommodation is often way below what students want or expect. As such, investor interest in the market is growing with the opportunity to meet demand for well-located, high-quality accommodation,” he said. By 2020, the government wants 30% of all 18- to 23-yearolds to be enrolled in higher education courses. This would increase the country’s student population to 40 million, a figure which is nearly double the current number studying in the US. The purpose-built student accommodation (PBSA) or private hostels market remains immature, with demand far outstripping supply at the current time. There are currently 1.6 million PBSA bed spaces in India, a figure which represents just 4% of the total student enrolment. The majority of this accommodation is operated outside of university control by private owners. Often, it is offcampus, of poor quality, and with little modern value-add facilities such as WiFi or laundry services. Knight Frank estimated that there is currently the potential to deliver 6 million PBSA bed spaces on greenfield land located in close proximity to universities while another 2 million can be delivered on brownfield land. The report estimated that the current demand for PBSA bed spaces across the country totals more than 8 million—a figure which is expected to grow at a rate of around 8% each year until 2025. At this point, demand for PBSA bed spaces will total around 13 million across the country.