The company, which manages 1,200 beds in Gurugram, 1,700 in Bengaluru and 600 in Hyderabad, plans to take its country-wide count to 5,000 by the end of the current fiscal
Established in 2020, Settl enters into long-term lease agreements with builders and asset owners. It designs and develops the properties before sub-leasing the space to working professionals.
Coliving operator Setll has planned to expand its capacity by more than 2.5 times to 5,000 beds by the end of this fiscal and is looking to enter the Noida, Pune and Chennai markets, a senior executive said. The company, which focuses on providing rental accommodations to working professionals, currently has around 2000 beds across Bengaluru, Gurugram and Hyderabad across 40 centres.
New Delhi, Oct 10: Co-living operator Settl on Monday said it will add 1,000 beds in Hyderabad to expand business amid rise in demand for managed rented homes from working professionals. Started in 2020, the company currently has 1,500 beds. Of which 900 are in Bengaluru and 300 each in Hyderabad and Gurugram. “With return to office picking up, the demand for managed rented accommodation has significantly increased. All our centres in Hyderabad is doing very well. We will be […]