Zolostays waives off rent for its residents laid off from jobs


Zolostays, the category leader and the largest co-living brand in India has taken the commendable initiative of waiving off rents for all its residents who have been recently laid off from their jobs as a fallout of the COVID-19 pandemic. This will be applicable across all their 450+ properties in 10 cities in India from this week.

Zolostay’s support will help their residents’ tide over a tough time and not have to worry about not having a roof over their heads while they look for their next job. The offer also extends to ex-Zolo-ites, who have stayed in any of their properties in the last 5 years and have been laid off from their jobs.

Nikhil Sikri, CEO & Co-Founder, Zolostays, said, “The COVID-19 crisis has brought the entire world to a standstill. As the largest co-living accommodations provider in India, we felt that this is the right thing to do. We understand and empathize with the hardships faced by our residents during this time. For the past several years, Zolo-ites have had a lot of fun together where we took community bonding to the next level and provided a home away from home for our residents.  Now during this tough time, we need to support and help each other.

It is not the time to think about profitability but to stand together as a community and revive this economy once again by doing so. We have a long way to go but we are starting with the first step : any Zolo-ite who has lost his / her job because of this pandemic can stay rent free in the property till they find their next job.

Getting laid off, especially in these unprecedented times, can be terribly hard. Anxiety about the future and all the resultant confusion can be very overwhelming. Our endeavor is a small step in hopefully assuaging some of that stress. We believe that empathy and understanding at this point is crucial and it will help a lot of Zolo-ites get back on their feet faster. We are grateful that as a team we are in a position to show that we care,” Sikri said.

Zolostays has a vision of providing personalized, beautiful and community centric spaces to people. The technology platform at Zolo allows you the customer to personalize their stay – you can decide on sharing; food preferences; on your roommate; extra furniture and many other things. The primary target audience is young professionals and students who come from outside the big cities to work or study.

Zolostays provides a plug and play life to them so that they do not have to worry about anything. The brand is also in sync with their sensibilities as is seen in the design, space, and facilities. More than just the daily hassles that Zolo takes care of, Zolo has also invested in building a community of Zolo-ites which make the experience more rewarding and engaging.

In these tough times, Zolo-ites (founders, team, and residents) aim to stand together and help each other with compassion, understanding and kindness.

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