Co-living operator Settl. to open 4 new centres in Gurugram by next month
Co-living operator Settl. will soon open four new centres, with a total capacity of about 300 beds, in Gurugram to cater to the rising demand of rental accommodations from working professionals.
Settl. already has seven operational co-living properties with about 700 beds in Gurugram, the Bengaluru-based firm said in a statement.
That apart, the company currently has 1,200 beds in Bengaluru and 300 beds in Hyderabad, taking the total beds to 2,200 across these three cities.
Settl. said it is looking for more properties in Delhi-NCR and plans to launch 1,500 more beds during this fiscal.
"The rising demand for managed rented co-living accommodation is a testament to the need for community living and convenience," Settl. Co-Founder Bharath Bhaskar said.
"In metro cities like Gurugram and Noida where millennials are the driving force behind the economy, co-living spaces are emerging as the preferred choice for those seeking a seamless living experience," he said.
In the four new ...