Experion Developers to pump $300 mn for student housing market

10 Nov 2021 CW Team

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

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..