With aggressive expansion plans, the company is looking to add over 3,500 beds to the portfolio over the next two years
Design-led housing platform Union Living has expanded its managed accommodation portfolio with the addition of over 2,000 beds across key urban markets, including Mumbai, Pune and Ahmedabad. The company is targeting Rs 100 crore annual recurring revenue (ARR) by the end of the current financial year.
The company added that as part of the expansion, it has brought a 1,000-bed student housing and co-living property in Baner, Pune, a 450-bed flagship property in Mumbai’s BKC micro-market, a 200-bed property in Kharghar, Navi Mumbai and a 250-bed property in Ahmedabad. The company has also expanded its presence in Pune through a new property in Lohegaon.
“With the addition of more than 2,000 beds across strategically located education and employment-driven micro-markets, we are expanding access to purpose-built, built-to-suit living spaces that offer seamless connectivity to academic institutions, business districts, transport networks and urban amenities,” stated Rishabh Soni, Co-founder and Chief Executive Officer (CEO), Union Living.
As a bootstrapped company, Union Living is targeting an ARR of Rs 100 crore in FY27, up from Rs 45 crore ARR as of March 2026. The company has also signed multiple Build-to-suit (BTS) projects across Pune, Ahmedabad and Mumbai, with approximately three lakh square feet currently under development across multiple locations.
These projects are expected to add over 3,500 beds to the portfolio over the next two years, further accelerating the company’s growth trajectory as it scales its presence in high-demand urban markets.
