The company plans to expand its presence in Delhi-NCR as well as BDI Group will move into the co - living market after announcing plans to invest INR500 m ( $ 7 m ) in the sector in one year . The Indian firm , which has created a new company called Vhive , aims to establish 10,000 beds catering to students and working adults in industrial towns and educational institutions . The project will begin with two centres comprising 200 beds in Alwar and Delhi , with plans already in place to open further facilities in Gurugram , Jaipur , Kota and Mumbai . The company then plans to target tier II cities in states including Haryana , Punjab , Rajasthan and Uttar Pradesh .
BDI Group will move into the co - living market after announcing plans to invest INR500 m ( $ 7 m ) in the sector in one year . The Indian firm , which has created a new company called Vhive , aims to establish 10,000 beds catering to students and working adults in industrial towns and educational institutions . The project will begin with two centres comprising 200 beds in Alwar and Delhi , with plans already in place to open further facilities in Gurugram , Jaipur , Kota and Mumbai . The company then plans to target tier II cities in states including Haryana , Punjab , Rajasthan and Uttar Pradesh .