+
Experion Developers to pump $300 mn for student housing market
Real Estate

Experion Developers to pump $300 mn for student housing market

Realty developer Experion Developers will pump in $300 million in India’s student housing market as demand for co-living has improved following the Covid-19 disruption.

CEO and board member of Experion Developers, BK Malagi, told the media that they plan to open their first property in the next academic year, which would start in June 2022. They would go with an asset-heavy approach in which they hold and manage the property.

The Indian arm of Experion Holdings Pte Limited, Singapore, plans to reach 50,000 beds in two years. Its first property will open soon in Greater Noida with 750 bedrooms. Experion plans to follow it up with properties in Bengaluru, Hyderabad, Jalandhar, Pune and Mumbai.

Malagi told the media at the moment, the majority of co-living operators procure or lease existing buildings that were not developed with this segment's requirements in mind. But, they intend to build it for student housing or coliving.

The company is in talks with universities for partnerships in which it would develop and run a student housing facility on campuses.

Malagi said that there would be a combination of oncampus and off-campus facilities. They are in discussions with several colleges regarding campus facilities, and one of the largest, with 28,000 beds, might be built soon.

Image Source

Realty developer Experion Developers will pump in $300 million in India’s student housing market as demand for co-living has improved following the Covid-19 disruption. CEO and board member of Experion Developers, BK Malagi, told the media that they plan to open their first property in the next academic year, which would start in June 2022. They would go with an asset-heavy approach in which they hold and manage the property. The Indian arm of Experion Holdings Pte Limited, Singapore, plans to reach 50,000 beds in two years. Its first property will open soon in Greater Noida with 750 bedrooms. Experion plans to follow it up with properties in Bengaluru, Hyderabad, Jalandhar, Pune and Mumbai. Malagi told the media at the moment, the majority of co-living operators procure or lease existing buildings that were not developed with this segment's requirements in mind. But, they intend to build it for student housing or coliving. The company is in talks with universities for partnerships in which it would develop and run a student housing facility on campuses. Malagi said that there would be a combination of oncampus and off-campus facilities. They are in discussions with several colleges regarding campus facilities, and one of the largest, with 28,000 beds, might be built soon. Image Source

Related Stories

Gold Stories

Next Story
Real Estate

Orris, Godrej Properties Settle Dispute Over Gurugram Project

Orris Infrastructure and Godrej Properties Limited have reached an amicable settlement over matters related to the jointly developed Godrej Air project in Gurugram, bringing an end to the dispute between the two companies.The Bombay High Court, while hearing a petition filed by Orris Infrastructure, ordered the immediate and unconditional release of Orris Managing Director Amit Gupta on August 25, 2026, after being informed about the settlement agreement between the parties.A single-judge bench led by Justice Milind N. Jadhav noted that in view of the settlement agreement signed by both compan..

Next Story
Infrastructure Urban

Panasonic Launches Second Cycle of Startup Co-Creation Programme

Panasonic Life Solutions India (PLSIND), through its IGNITION Open Innovation platform, has announced the second cycle of Co.lab Studio, a startup collaboration initiative focused on developing scalable digital services and solutions.The new cycle will focus on Safety & Security and Daily Living solutions for communities by leveraging Panasonic’s AI and IoT-enabled connected living platform, MirAIe. The programme aims to help startups move from innovation concepts to pilot deployments, platform integrations and commercialisation-ready solutions.The first cycle of Co.lab Studio received 1..

Next Story
Equipment

Liebherr Launches New 50-Tonne Crawler Excavators

Liebherr has introduced three new crawler excavator models — R 948 G8, R 952 G8 and R 958 G8 — in the 50-tonne segment at steinexpo 2026. Designed for earthmoving, extraction and heavy-duty applications, the new machines combine robust construction, advanced technologies and improved operator comfort.The R 948 G8 has been developed for earthmoving applications, featuring an LC chassis, specialised equipment options and optimised motorisation for reduced fuel consumption without compromising performance. The R 952 G8 serves as the versatile model in the series, offering multiple chassis con..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code