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The past few years have seen an increased focus on new age student housing as an emerging real estate asset class in India. One city that has been at the forefront of this trend is Jaipur, the capital city of Rajasthan, which has become a hub for education and attracts students from all over the country. This paper provides a comprehensive analysis of the emergence of student housing in India, with a specific focus on Jaipur. The paper first provides an overview of the current trends and challenges in the student housing market in India, and identifies the factors that are driving the growth of this sector. It then delves into the various forms of student accommodation available in Jaipur, including formal and informal housing options, and discusses the issues and challenges associated with each. In addition, the paper highlights the key stakeholders in the student housing market in Jaipur, including students, service providers, academic institutions, and government authorities, and examines their respective roles and perspectives. It also explores the opportunities and challenges in the student housing market in Jaipur and proposes strategies for promoting the development of high-quality and sustainable student housing projects. As an urban planning student, the paper seeks to contribute to the understanding of the emerging real estate asset class of student housing and its potential impact on the urban landscape of Jaipur city. With its fast-growing education sector and increasing demand for student housing, Jaipur presents a unique opportunity for real estate developers and policymakers to create sustainable and affordable housing solutions that can enhance the city's overall urban development.