Nestaway eyes small-town India
As the ongoing pandemic triggers reverse migration ...
Based on its internal migration and tenant exit data, Nestaway said over 10,000 people have vacated their rental homes in the last three months and have gone back to smaller cities or their hometowns. Nestaway has seen a three times uptick in owner requests from smaller towns and cities.
The company said it aims to do at least 30 percent of its business from non-metros in the next two years. Launched in 2015, Nestaway currently has more than 50,000 tenants and 60,000 homes in its network.
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