iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Settl to add 1,000 new beds in Hyderabad

11 Oct 2022 , 08:24 AM

Settl,  a co-living operator, will increase its inventory by 1,000 beds in Hyderabad as working professionals’ demand for managed rental houses rises.

The organization, which was founded in 2020, has 1,500 beds as of right now, with 900 of those in Bengaluru and 300 each in Hyderabad and Gurugram.

“With the return to the office picking up, the demand for managed rented accommodation has significantly increased. All our centers in Hyderabad are doing very well. “We will be adding 1000 more beds by the end of FY 2023,” said Settl Co-Founder Abhishek Tripathi.

The organization currently operates five co-living facilities in Hyderabad with a total of 300 beds. The centers are situated close to the tech clusters of Jubilee Hills, Gachibowli, and Madhapur. Each bed costs between Rs 9,000 and Rs 12,000 per month.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Hyderabad
  • Settl co-living business
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.