Union Living Adds 2,000 Beds Across Key Cities
Real Estate

Union Living Adds 2,000 Beds Across Key Cities

Union Living has announced the addition of more than 2,000 beds to its managed accommodation portfolio across Mumbai, Pune and Ahmedabad, marking one of the company's largest expansion phases to date.

The expansion includes a 1,000-bed student housing and co-living property in Baner, Pune, a 450-bed flagship property in Mumbai's Bandra Kurla Complex (BKC) micro-market, a 200-bed property in Kharghar, Navi Mumbai, and a 250-bed development in Ahmedabad. The company has also expanded its footprint in Pune with a new property in Lohegaon.

The design-led accommodation platform said the expansion is aimed at meeting growing demand for professionally managed rental housing among students and young professionals in key education and employment hubs.

"India's rental housing market is undergoing a significant transformation as students and young professionals increasingly seek professionally managed accommodation that combines convenience, quality services, and a strong sense of community," said Rishabh Soni, Co-founder and CEO, Union Living. "With the addition of more than 2,000 beds across strategically located education and employment-driven micro-markets, we are expanding access to purpose-built living spaces that offer seamless connectivity to academic institutions, business districts, transport networks and urban amenities."

Union Living said the new properties have been developed with globally inspired design standards, technology-enabled operations and hospitality-led services aimed at enhancing the urban living experience.

The company, which operates as a bootstrapped and profitable managed accommodation platform, is targeting annual recurring revenue (ARR) of Rs 1 billion in FY2026-27, up from Rs 450 million as of March 2026. It has also signed multiple build-to-suit projects across Pune, Ahmedabad and Mumbai, with nearly 300,000 sq. ft. currently under development.

These projects are expected to add more than 3,500 beds over the next two years as the company continues to expand across high-demand urban markets and strengthen its presence in India's evolving managed accommodation sector.

Union Living has announced the addition of more than 2,000 beds to its managed accommodation portfolio across Mumbai, Pune and Ahmedabad, marking one of the company's largest expansion phases to date.The expansion includes a 1,000-bed student housing and co-living property in Baner, Pune, a 450-bed flagship property in Mumbai's Bandra Kurla Complex (BKC) micro-market, a 200-bed property in Kharghar, Navi Mumbai, and a 250-bed development in Ahmedabad. The company has also expanded its footprint in Pune with a new property in Lohegaon.The design-led accommodation platform said the expansion is aimed at meeting growing demand for professionally managed rental housing among students and young professionals in key education and employment hubs.India's rental housing market is undergoing a significant transformation as students and young professionals increasingly seek professionally managed accommodation that combines convenience, quality services, and a strong sense of community, said Rishabh Soni, Co-founder and CEO, Union Living. With the addition of more than 2,000 beds across strategically located education and employment-driven micro-markets, we are expanding access to purpose-built living spaces that offer seamless connectivity to academic institutions, business districts, transport networks and urban amenities.Union Living said the new properties have been developed with globally inspired design standards, technology-enabled operations and hospitality-led services aimed at enhancing the urban living experience.The company, which operates as a bootstrapped and profitable managed accommodation platform, is targeting annual recurring revenue (ARR) of Rs 1 billion in FY2026-27, up from Rs 450 million as of March 2026. It has also signed multiple build-to-suit projects across Pune, Ahmedabad and Mumbai, with nearly 300,000 sq. ft. currently under development.These projects are expected to add more than 3,500 beds over the next two years as the company continues to expand across high-demand urban markets and strengthen its presence in India's evolving managed accommodation sector.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code