CoLive ties-up with Esthell to open 650 beds co-living spaces
CoLive, Bengaluru-based co-living space, has tied-up with Esthell Hotels and Resorts to open a 650 beds co-living spaces in Chennai. “We have taken a complete building with 13 floors and will start the operations soon,” said Suresh Rangarajan K, Founder, Colive. It has tied up with other city-based builders such as Casa Grande, Primex Infrastructure to open such co-living spaces. “Builders in Chennai are showing lot of interest in co-living spaces. Also demand for such spaces is high in the city,” said Suresh.
Such purpose-built accommodations are gaining traction among people of the age-group of 22-35. “Lifestyle is different in paying guests (PGs) and co-living spaces. There are no restrictions in co-living spaces. Also, the services are better than what is being offered in PGs and hostels,” said Suresh.