Co-living startup Housr enters rental housing segment

Under the concept, Housr will offer tech-enabled smart living with fully furnished and managed residences across prime properties close to working hubs and commercial spaces.

These are specially designed to cater to couples and individuals who are looking for hassle-free fully furnished premium residences in prime locations with three key differentiating factors: uninterrupted hi-speed Wi-Fi, laundry at the doorstep and professional housekeeping.

Launched in 2018, Housr has multiple properties in Gurugram, Hyderabad and Pune.

“With this new product we are making Housr co-living product accessible to a much wider audience and this will catapult our growth and availability across micro-markets and cities,” said Deepak Anand, cofounder and CEO, Housr.

Expanding its market presence and widening the audience base, the startup will be offering the service with rents starting at around Rs 25,000-30,000/month for a single fully furnished and managed room. The rent would vary for each property depending upon the city, type of inventory, location and demand.

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In order to avoid brokerage fees for the residents, the startup has tied up with various online platforms for property buyers & sellers to locate properties. The startup will also create a platform for listing its properties and that of owners and developers.

“We are expanding our market presence and widening our audience from single working professionals to working couples through this product. It makes living in a new city completely hassle-free and provides starter homes and accessibility to prime spaces hitherto out of reach of working millennials/couples,” said Anand.

Housr has the largest portfolio of fully aggregated co-living units in India and is the fastest-growing aggregated co-living brand of India. After establishing Housr Homes in Delhi/NCR, Pune and Hyderabad, the startup looks to expand its operations to other tier I and II cities including Mumbai, Bengaluru and Ahmedabad in the future.