By laksh5382 
Co-living operator Houser plans to open around 30 new centers with 3,000 beds each by March next year as part of its expansion plan to meet the growing demand for luxury residential accommodation.
Houser It currently has a portfolio of over 5,000 operational beds across 74 properties across five cities including Gurugram, Bengaluru Hyderabad, Pune and Vizag.
The company plans to add over 3,000 beds across around 30 new properties across seven cities, taking the bed count to over 8,000 across 100 properties by March next year.
Deepak Anand, co-founder and CEO of Houser, said, “On average, we deliver 3-4 properties per month in our existing markets, and this helps us maintain a steady pace towards our target of 100 properties by the end of this Is available.” Financial year.
“Before the pandemic hit us all, we saw significant demand for twin-sharing rooms. However, post-pandemic, the priority has changed dramatically. We’ve seen an increase in single occupancy and, over time, even more private spaces. saw a rapid increase in demand,” he said. Said.
Anand said that at present the highest demand is being seen for 1 BHK units in the company.
Anand said, “Over the last two years, Houser has tripled in size, driven by both organic and inorganic growth. We have seen considerable growth in the market, with tenants willing to pay more for better amenities and larger living spaces.” Are.”
As a result, he said the company has introduced premium to super-premium products to match the demand.
“We are targeting high-growth areas like Golf Course Road and South City in Gurugram, HSR Layout in Bengaluru and Kondapur and Madhapur in Hyderabad, where demand for ultra-luxury housing is increasing,” he said.
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Houser said its super-premium projects have also attracted corporate clients, who lease entire buildings for their employees.
“There is substantial potential in the B2B market that has not been tapped by any other co-living player at this stage; companies that used to house employees in luxury hotels are now turning to us for long-term stays, which is a This has become an additional revenue stream for our business,” said Anand.
The company is currently operating at an annual run rate of Rs 100 crore and aims to double this figure in the next 12-15 months.
Houser offers managed housing for millennials and working professionals through its fully furnished and managed co-living spaces, serviced apartments and studios.