Co-living start-up, Union Living has introduced student accommodation. It is located in Mumbai’s Santacruz-Juhu area. It is a luxurious student accommodation that seamlessly integrates opulence, convenience, and a vibrant sense of community. Varsity has already made a resounding impact on the market, with almost a 90 per cent occupancy rate shortly after its launch.
With well-equipped 221 beds, Varsity by the Mumbai-based start-up offers modern essentials such as water purifiers, washing machines, microwaves, ACs, and fridges. Equipped with state-of-the-art CCTV facilities and a secure gated community, students can find peace of mind within these protected surroundings. The company provides a sense of community through purposeful workshops, an exclusive 6-month subscription to a mind-performance boosting app, and sprawling communal spaces, including a fully-fledged gym and ample parking facilities.
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Its strategic location places it in close proximity to esteemed educational institutions, including NMIMS Mumbai, SNDT, and Mithibai, providing students with convenient access to their academic pursuits. In addition, the accommodation is strategically located near top-tier healthcare facilities, such as Ojas Eye Hospital and Nanavati Super Speciality Hospital, reinforcing its attractiveness to discerning students.
It also offers 3BHK apartments on a bed and breakfast (BnB) basis, tapping into the growing market for short-term stays. Along with this, it is poised for further expansion, with plans to add 1000 beds across key locations in Mumbai, including Goregaon, Malad, South Mumbai, and more.
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The start-up was founded in 2020 by Parth Soni and Rishabh Soni and stands as an innovative coliving and student accommodation start-up that is reshaping the very essence of community living. It is looking forward to catering 8000+ beds by 2025, for which they have already signed 2000 beds, and looking forward to the expansion in student accommodation.
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