Bangalore-based Curated Living Solutions (CLSPL), a Divyasree Group alternative housing company, has inaugurated its first green field project in Andhra Pradesh Medtech Zone (AMTZ) in Visakhapatnam.

The project comprising 500 beds in two phases has delivered 250 beds built in 50,000 sq. ft., spread over a one-acre campus in Phase-I. The said accommodation is intended for the employees of the companies operating out of AMTZ precincts as well as students who enrol in the courses offered by AMTZ. So far, this is the only housing facility on the AMTZ campus and is part of the ancillary infrastructure.

The facility is first of its kind collaboration where the land is allotted by AMTZ on a lease-cum-sale basis while CLSPL has invested and developed the facility to operate it.  The newest addition to the AMTZ campus, Ivy League intends to contribute to the campus culture by offering a unique blend of comfort, convenience, and community, fostering an atmosphere that promotes growth, collaboration, and well-being.

Recently, CLSPL has acquired a 766-bed student housing accommodation in the Campus of NSHM Academy in Durgapur, West Bengal. In addition, the company plans to expand to a 50,000 beds operational size while owning at least 25,000 beds across India in the next five years. To enable this, it is in the process of creating a platform by raising USD 200 million to build alternative housing assets in all three sub-verticals.

The alternative housing division of Divyasree Group represented by its flagship company, CLSPL, operates around 10,000 beds in India, covering Delhi, Pune, Bengaluru, Chennai, Hyderabad, Dehradun, Durgapur in co-living, student housing, and industrial housing sub-verticals. Its clients include REVA University, Manipal Group, VNRVJIT, DY Patil, and Bajaj, among others.