Coliving spaces offer rent waiver, relaxed payment timeline

Coliving platforms such as Zolostays, CoHo, Colive, StayAbode and Stanza Living are helping out residents who are finding it difficult to pay rent because of layoffs or salary cuts, by offering full or partial rent waivers and relaxed timelines for payment.

Colive has given a 50% waiver for the June rent for those who have been laid off or are stuck in their hometowns, its CEO Suresh Rangarajan said. Nearly 400 residents have been given this waiver so far.Stanza Living has introduced some subsidies on the service component of the monthly rent package.

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