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Investment management company Colliers says in a report that the co-living segment is expected to have 450,000 beds by 2024, mainly in the organised sector, more than double the number of beds at the end of 2021.

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Startup To Scaleup | Spotlight on Settl, startup reshaping co-living for urban millennials

  • Settl has properties in Bengaluru, Hyderabad and Gurugram
  • Startup charges between ₹12,000-18,000 per bed
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      As India witnesses a surge in co-living spaces, we sat down with Abhishek Tripathi, co-founder of Settl, for our latest "Startup to Scaleup" episode. Settl, a tech-driven managed housing startup, provides coliving spaces, PGs, and rental apartments.

      Established in 2020 and headquartered in Bengaluru, the company has expanded its footprint to Hyderabad and Gurugram.

      In the latest 'Startup to Scaleup' episode, we explored the balance Settl strikes between communal living and individual privacy. We also discussed Settl's future vision for co-living, potential growth avenues, and upcoming trends in the sector.

      Additionally, Tripathi provided invaluable insights for those contemplating their inaugural co-living experience, offering guidance for a seamless transition into this emerging housing trend.

      In a report, investment management firm Colliers projects that by 2024, the co-living segment will offer 450,000 beds, primarily in the organized sector. This is a significant increase from the 210,000 beds available at the close of 2021.

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