Olive by Embassy builds a next generation living community in India
Technology

Olive by Embassy builds a next generation living community in India

Bengaluru-based Embassy Group has launched its newest asset class Olive by Embassy, the next-gen living community in India. Olive is purpose built for young working professionals and students in a world class safe and secure environment. With millennials forming the largest population at 34 per cent, India is set to become the youngest country in the median age of 29. The need of the hour is organised, affordable and thoughtfully planned communities that will disrupt the market and address the social issue of non-existent purpose built co-living supply for this increasing segment of consumers.  

Olive will launch its first experiential centre in the heart of Whitefield in Bengaluru and its flagship project in Chennai with 2,500 beds this year. The expansion plans include Bengaluru, Hyderabad, Mumbai, Pune and Delhi-NCR with a vision to take the brand international over the next few years. The first phase will see the launch of 20,000 beds in total; Bengaluru: 15,000; Chennai: 2,500; and Pune: 2,500. The projects in Bengaluru include large facilities at Embassy Manyata Business Park and Embassy Techvillage, Magarpatta and Hinjenwadi in Pune and OMR in Chennai. Olive by Embassy projects will range from 500 to 5,000 beds and be customised with diverse formats and priced competitively to suit respective markets.

Aditya Virwani, COO, Embassy Group and Co- Founder Olive, said, “The shared economy concept has percolated all aspects of society, creating unprecedented disruptions as well as opportunities. Today, it is not just the scarcity of spaces or living in congestion that are driving co-living, but also the affordability and flexibility, aspirations of the current generation, transition from owning to sharing, the digital economy and the technological innovation. There are over 36 million students in higher education and the migrant millennial workforce is growing at a rapid pace across metros. Olive by Embassy aims to uplift the standard of living for this segment with hospitality services and an ecosystem that will support our country’s youth in their academic and professional pursuits. Additionally, our co-living projects will complement and add value to our large tenant base at our Embassy Office Parks.” 

The rooms and living spaces at Olive by Embassy are designed efficiently for members to socialise comfortably with a quality palette of furniture, furnishes and functionality to elevate the communal living. Each Olive property will be highly amenitised with wellness centres, cafes, chill out areas, cook and share kitchens, cinema, gaming, music and karaoke rooms, laundry, convenience stores, co-working areas and rooftop terraces. Olive will create a Residence Club that will enable access to its members across all Olive by Embassy locations through a cutting-edge mobile app. Members will be able to do all their on-boarding steps, manage their contract, pay bills, avail maintenance services, connect with other members, join activities and take advantage of exclusive offers and services. 

“It’s in our best interest for our members to be happy and lead an active lifestyle. Happy people are more successful in life. Our mission is to empower them to achieve their full potential. Olive by Embassy provides the necessary platform and infrastructure for our members to flourish; our members will benefit from community offerings like business and networking, music, arts and culture, travel and adventure, volunteering and charity, sports and leisure among other opportunities. The partnerships with fitness centres, bike share, ride hailing services, etc, will add to the party. We hope that this will help enhance personal development and learning as well as minimise social isolation” said Kahraman Yigit, Co-Founder and CEO, Olive.

Olive by Embassy projects are designed and developed by UK-based design consultancy Priestman Goode. The studio is widely recognised as at the forefront of innovation in the design of small spaces. Having designed countless aircraft interiors and compact hotel rooms, Priestman Goode excels in creating flexible, highly functional spaces that are both beautiful and fit for purpose. 

Paul Priestman, Chairman, Priestman Goode, said, “We are proud to have worked with Embassy Group to create this new brand of co-living. We have created something that offers young people a good quality of life, in a market where there is little choice. Olive is a place that feels like home and gives users the privacy they need when they want it, with all the facilities of a luxury hotel, and common spaces for shared experiences. The attention to detail is across every element of our designs, from the logo mark and the application of the brand on different platforms, to the interiors, where each element of the room has been designed bespoke, to create a beautiful and highly functional space.”

Bengaluru-based Embassy Group has launched its newest asset class Olive by Embassy, the next-gen living community in India. Olive is purpose built for young working professionals and students in a world class safe and secure environment. With millennials forming the largest population at 34 per cent, India is set to become the youngest country in the median age of 29. The need of the hour is organised, affordable and thoughtfully planned communities that will disrupt the market and address the social issue of non-existent purpose built co-living supply for this increasing segment of consumers.  Olive will launch its first experiential centre in the heart of Whitefield in Bengaluru and its flagship project in Chennai with 2,500 beds this year. The expansion plans include Bengaluru, Hyderabad, Mumbai, Pune and Delhi-NCR with a vision to take the brand international over the next few years. The first phase will see the launch of 20,000 beds in total; Bengaluru: 15,000; Chennai: 2,500; and Pune: 2,500. The projects in Bengaluru include large facilities at Embassy Manyata Business Park and Embassy Techvillage, Magarpatta and Hinjenwadi in Pune and OMR in Chennai. Olive by Embassy projects will range from 500 to 5,000 beds and be customised with diverse formats and priced competitively to suit respective markets.Aditya Virwani, COO, Embassy Group and Co- Founder Olive, said, “The shared economy concept has percolated all aspects of society, creating unprecedented disruptions as well as opportunities. Today, it is not just the scarcity of spaces or living in congestion that are driving co-living, but also the affordability and flexibility, aspirations of the current generation, transition from owning to sharing, the digital economy and the technological innovation. There are over 36 million students in higher education and the migrant millennial workforce is growing at a rapid pace across metros. Olive by Embassy aims to uplift the standard of living for this segment with hospitality services and an ecosystem that will support our country’s youth in their academic and professional pursuits. Additionally, our co-living projects will complement and add value to our large tenant base at our Embassy Office Parks.”  The rooms and living spaces at Olive by Embassy are designed efficiently for members to socialise comfortably with a quality palette of furniture, furnishes and functionality to elevate the communal living. Each Olive property will be highly amenitised with wellness centres, cafes, chill out areas, cook and share kitchens, cinema, gaming, music and karaoke rooms, laundry, convenience stores, co-working areas and rooftop terraces. Olive will create a Residence Club that will enable access to its members across all Olive by Embassy locations through a cutting-edge mobile app. Members will be able to do all their on-boarding steps, manage their contract, pay bills, avail maintenance services, connect with other members, join activities and take advantage of exclusive offers and services.  “It’s in our best interest for our members to be happy and lead an active lifestyle. Happy people are more successful in life. Our mission is to empower them to achieve their full potential. Olive by Embassy provides the necessary platform and infrastructure for our members to flourish; our members will benefit from community offerings like business and networking, music, arts and culture, travel and adventure, volunteering and charity, sports and leisure among other opportunities. The partnerships with fitness centres, bike share, ride hailing services, etc, will add to the party. We hope that this will help enhance personal development and learning as well as minimise social isolation” said Kahraman Yigit, Co-Founder and CEO, Olive.Olive by Embassy projects are designed and developed by UK-based design consultancy Priestman Goode. The studio is widely recognised as at the forefront of innovation in the design of small spaces. Having designed countless aircraft interiors and compact hotel rooms, Priestman Goode excels in creating flexible, highly functional spaces that are both beautiful and fit for purpose.  Paul Priestman, Chairman, Priestman Goode, said, “We are proud to have worked with Embassy Group to create this new brand of co-living. We have created something that offers young people a good quality of life, in a market where there is little choice. Olive is a place that feels like home and gives users the privacy they need when they want it, with all the facilities of a luxury hotel, and common spaces for shared experiences. The attention to detail is across every element of our designs, from the logo mark and the application of the brand on different platforms, to the interiors, where each element of the room has been designed bespoke, to create a beautiful and highly functional space.”

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?