CP Developers and StayAbode Ventures are to collaborate to launch the world's largest co-living project, which will host 1,400 people. It will be located in the Whitefield suburb of Chennai and is due to open by September 2020. Co-living brand StayAbode aims to have a community of 35,000 across its co-living facilities by December 2021. It currently has 1,350 beds, at 97% occupancy, in Chennai, and it hopes to open spaces in Hyderabad, Bengaluru and Pune after a planned second funding round. StayAbode's current investors include JLL India and Morgan Stanley.
CP Developers and StayAbode Ventures are to collaborate to launch the world's largest co-living project, which will host 1,400 people. It will be located in the Whitefield suburb of Bengaluru and is due to open by September 2020. Co-living brand StayAbode aims to have a community of 35,000 across its co-living facilities by December 2021. It currently has 1,350 beds, at 97% occupancy, in Bengaluru, and it hopes to open spaces in Hyderabad, Chennai and Pune after a planned second funding round. StayAbode's current investors include JLL India and Morgan Stanley.