Co-living startup Union Living has charted an expansion plan for the current calendar year wherein it will add 1,000 beds across various key locations in Mumbai, Maharashtra.

As per the plan, Union Living will launch 220 beds in Mahalakshmi, 180 beds in Juhu, 100 beds in Khar/Santacruz, 150 beds in Goregaon/Malad, 100 beds in Chembur, and 200 beds in Navi Mumbai. Among these, a minimum of three properties, comprising approx. 500 beds in total, will be developed as built-to-suit (BTS) properties, to provide customised facilities to the occupants. These BTS properties are expected to go live by July this year.

This expansion is part of Union Living's commitment to providing quality co-living spaces to outstation students and full-time working professionals relocating for employment opportunities, offering a community-centric experience through in-house events covering music, festivities, mental health, personal development, and more.

Union Living's current portfolio includes 1050 operational beds across nine properties in Mumbai, Pune and Ahmedabad. The company will invest Rs 10 crore on this expansion. The fund would be used for security deposit to landlord and interior works of its new centres. 

The company caters to both students and working professionals. It also provides short-term stay facilities. The company provides rental accommodation at a starting price of Rs 20,000 per bed. The strategy of new launches will help provide quality living spaces in diverse neighborhoods, catering to the specific needs and preferences of millennials and Gen Z.