COVIE, a top-tier player in India's luxury co-living sector, has bolstered its South Indian presence with the inauguration of Covie Karle Town, a premium living space in Bengaluru. The facility, offering 220 beds, caters to young professionals and signifies the addition of 500 beds by COVIE in Bengaluru in the last three months. The company's expansion strategy, driven by its mission to redefine shared living experiences and foster collaboration among millennials and Gen Z, is set to include another 500 beds in South India and 1,000 beds across India in the coming months.
COVIE, a leading name in India's luxury co-living market, has announced the inauguration of a new sophisticated residential space, Covie Karle Town, in Bengaluru. This move amplifies their already robust presence in South India. The upscale co-living location will house 220 beds, meeting the requirements of the city's thriving community of young professionals.
In the past three months alone, COVIE has facilitated the addition of 500 beds in Bengaluru, a testament to the burgeoning demand for affordable, yet luxurious housing options amongst the millennial and Gen Z demographics.
With an innovative strategy that transcends traditional housing norms, COVIE is carving out a distinct niche in India's luxury co-living sector. Swapnali Bhosale Kadam, the founder of COVIE, shared her excitement about catering to South India's growing pool of young professionals. She emphasized COVIE's mission to redefine shared living spaces while promoting personal growth, collaboration, and a sense of belonging among young dwellers.
This recent development signifies COVIE's ambitious roadmap, which includes spreading its wings to other Indian cities where it has a footprint. Combining design ingenuity and technological integration, COVIE aims to overhaul the co-living sphere by creating a highly gratifying living experience for young professionals and students. Future plans include the addition of another 500 beds in South India and 1,000 beds nationwide.
Reflecting COVIE's commitment to excellence, the Karle Town property features cutting-edge amenities, demonstrating unparalleled attention to detail. This includes fully furnished rooms equipped with AC, a minibar, TV, study table, personal space, and large communal areas spread across 15,000 sq. ft. A comprehensive range of facilities from a professional gym, yoga space, community kitchen, to recreational zones is at residents' disposal. Further, a high-speed internet connection, a three-tier security system, and wholesome meals cater to the holistic needs of young professionals and students.
In conclusion, With this move, COVIE continues its steadfast journey to redefine the co-living experience in India. The Bengaluru expansion not only represents COVIE's ambitious growth strategy but also its commitment to building communities that truly empower young professionals and students to thrive in their personal and professional pursuits.