Instituite of venture building Hostel Fees 2025, Facilities, Rooms, Food, Accommodation

The hostel ecosystem at Institute of Venture Building (IVB), located at EA Chambers, Express Avenue, Royapettah, Chennai, Tamil Nadu, is designed to support a dynamic, experiential learning environment for young entrepreneurs. IVB, established in 2024, does not maintain a traditional college hostel system but instead partners with reputed off-campus PG (paying guest) accommodation providers to offer students flexible, modern living options that complement the institute’s immersive entrepreneurial programs.

Catering primarily to undergraduate and, potentially, postgraduate students, IVB’s housing model emphasizes comfort, security, and convenience, with options for single, double, or triple occupancy in air-conditioned rooms. The PG accommodations are available on demand, with robust amenities including food, Wi-Fi, television, indoor sports, and transport—tied together under a monthly fee. This setup reflects IVB’s philosophy of providing students a safe and conducive environment for both studies and startup experimentation, recognizing the unpredictable schedules and offsite internships that define the venture-building journey. The absence of on-campus, gender-separate dormitories sets IVB apart from conventional colleges; instead, students access curated off-campus housing that aligns with their academic and entrepreneurial commitments in Chennai’s vibrant cityscape.

Institute of Venture Building Hostel Overview

Institute of Venture Building does not operate traditional in-campus hostels. Instead, students have access to off-campus, air-conditioned PG accommodations, which are arranged as needed and are not divided by semester or seniority. These accommodations are open to both UG and PG students, with no explicit policy reserving single rooms for final-year students or any other group—since allotment is entirely through institutional-vetted, third-party vendors managing the PG hostels.

Students seeking hostel accommodation must coordinate with the administration, who liaise with vetted PG vendors to arrange rooms. No on-campus, in-house hostel facilities are available; occupancy, amenities, and policies are determined by the specific PG providers rather than the institute itself.

Institute of Venture Building Hostel Fees & Room Categories

Hostel provisions at IVB are structured as PG accommodations, not as institutional hostels in the traditional sense. The standard all-inclusive hostel fee is INR 16,000 per month, which covers food, accommodation, transport, and amenities such as Wi-Fi, indoor sports, and TV. This cost is independent of the academic year or semester, as the arrangement is purely rental and can be availed as long as needed during the study period. No additional security deposit, mess advance, or maintenance charges are documented; the single monthly fee covers all basic living expenses. Room type options typically include single, double, and triple sharing, subject to vendor availability.

For those seeking more economical options or different amenities, students may explore local PG accommodations independently, but the institute’s endorsed partners offer a coordinated experience that matches the pace and philosophy of IVB’s academic programs.

Institute of Venture Building Facilities, Dining & Student Life

While the college campus at EA Chambers, Royapettah, features modern classrooms, tech-enabled labs, a cafeteria, and amenities such as sports facilities for pickleball and football, the hostel or PG experience is managed off-site by third-party vendors. PG accommodations typically include air conditioning, Wi-Fi, TV, and indoor sports; however, the on-campus environment itself offers a cafeteria with varied meal options, opportunities for business idea pitches at the EA Mall, and access to sports grounds, which are available to both day scholars and hostel residents.

• Dining: PG fee includes meals (mess facilities); campus cafeteria offers additional dining options.

• Recreation: Indoor sports facilities at PG accommodations; campus provides pickleball and football courts.

• Academic Collaboration: Students regularly participate in internships, business idea presentations, and startup activities both on- and off-campus.

The student experience is designed to be practical, with students often engaged in multiple internships and live projects, especially in venture building, marketing, design, or software development. This necessitates flexible living arrangements beyond traditional hostel schedules, which the PG model supports.

Institute of Venture Building Safety, Health & Policies

Safety, health, and policy management for student living are devolved to the respective PG vendors, while the campus itself maintains a secure academic environment. Off-campus PG accommodations are likely to have secure entry, CCTV, and on-site supervision, but these details are vendor-specific and not standardized by the institute. There is no published information about a dedicated campus clinic, ambulance services, or wardens for PG accommodations; students must rely on the amenities and security provisions offered by their chosen provider.

Typical rules at such PG accommodations include guest policies (often restricted), entry/exit hours (varies by provider), and general house rules regarding noise and cleanliness. Students are advised to clarify these directly with the accommodation provider before moving in, as IVB’s role is largely facilitative rather than regulatory in this regard.

• Security and safety measures are vendor-dependent; students should confirm with provider.

• No clear information on in-house medical support at PG accommodations; campus clinic availability not documented.

• Guest and entry/exit policies, quiet hours, and prohibited items are set by PG provider, not institute.

Institute of Venture Building Hostel Allotment & Application

Allotment of PG accommodations for IVB students is managed on demand, with the institute assisting students in connecting with approved vendors. The process is straightforward but may require direct communication with both the college administration and the vendor.

Unlike traditional college hostels with formalized application windows and allotment rounds, IVB’s system is flexible and responsive to individual needs, mirroring the entrepreneurial spirit of the institute.