TCG explores various models as it plans to enter shared-living market

The firm is internally assessing the possibility of partnering with aggregators or entering the market on its own

Aiming to tap the potential in the shared-living space, The Chatterjee Group (TCG) is considering entering the trending co-living market in India via its real estate arm.

Various models, such as lease-and-operate and management contract are being considered.

Under the lease-and-operate model, TCG may rent out its inventory to co-living operators, who in turn will be responsible for managing and running the property. Under the management contract model, the responsibility of managing the returns from investment will lie with TCG while the co-living operator will be the custodian of the property and will be entitled to a commission.

According to a source familiar