Overview

About Us:

India’s fastest growing network for students Co-Living Housing.

Placio is a user-friendly digital platform that brings a new way of life for the students of Universities. Founded on the belief of community-based living, it entails co-living in an environment where experience is more important than possession. The Placio platform offers fully furnished shared rooms and private rooms to like-minded students who can have a comfortable and hassle-free stay with each other. Placio offers carefully curated places of living which are not only comfortable but also budget friendly for young minds.

Commenced Operations

Operations Commenced On2016

Franchise Commenced On2019

Franchise Details

UNITS

InvestmentINR 50lac - 1 Cr.

Franchise/Brand FeeINR 200000

Royalty/Commission8 %

Expansion Locations

NORTH

Delhi, Uttaranchal

SOUTH

Karnataka, Tamil Nadu, Telangana

EAST

Assam, West Bengal

WEST

Gujarat, Maharashtra, Rajasthan

CENTRAL

- NA -

UNION TERRITORIES

Chandigarh

Franchise Details

Anticipated percentage return on investment117 %

Likely pay back period of capital for a Unit Franchise1-8 Years

Type of property required for this franchise opportunityDomestic

Preferred location of unit franchise outletNear Educational Universities

Franchisee training locationDelhi

Is field assistance available for franchisee ?Yes

Expert guidance from Head Office to franchisee in opening the franchiseYes

Current IT systems will be included in the franchiseYes

Do you have a standard franchise agreement?Yes

How long is the franchise term for?Lifetime

Is the term renewable?Yes