Lodha, Godrej, Unimark Plans Co-Living Startup Investment In Housr

The major realtors have recently made an investment in the Co-living startup, Housr. However, the amount of investment is yet to be revealed and the co-living start up is also waiting to be launched.
The real estate experts evaluate this co-living space at value of $30 million.
The three investors include Abhishek Lodha, CEO of the Lodha Group; Pirojsha Godrej, executive chairman of the Godrej Group and Harsh Patodia, chairman of the Unimark Group and all the three expect the initiation of this co-living space in the coming two months.
The Housr has already occupied more than 10,000 beds in multiple cities like Delhi NCR, Mumbai and Kota. The firm is planning business development in India in the coming 12-18 months by making its presence felt in the cities Chandigarh, Pune, Bengaluru and Hyderabad with more than 50,000 beds.
Deepak Anand, founder, Housr said that we plan to launch nearly 5 properties in the next four months. In phase 1, all these properties should have 3,500 beds functioning.
Hosur, a Gurugram-based firm aims to be the largest co-living company in the upcoming 12-18 months, and therefore plan to launch more than 20 properties in almost 10 major cities.
Abhishek Lodha said that Housr has all the skills required to make its presence felt. Thus, I look forward to support Housr to transform the co-living industry in India.
Kalpesh Mehta, co-founder, Housr said that future of living is the modern and shared accommodation driving by a thriving shared economy that paired with a largely young demographic. He also mentioned that the Collaborative consumption has become a worldwide trend, and India is no exception.