Co-living Startup Settl Expands to Chennai Market
NEW DELHI: On Thursday, co-living startup Settl announced its expansion into the Chennai market, with plans to launch 300 beds to cater to working professionals. Settl, based in Bengaluru, currently manages 3,500 beds across Bengaluru, Gurugram, and Hyderabad. The startup has 1,200 beds in Gurugram, 1,700 beds in Bengaluru, and 600 beds in Hyderabad.
Settl offers rental accommodation ranging from Rs 11,000 to Rs 24,000 per month per bed, depending on the location, city, and available amenities.
"We are looking to expand our business as demand for quality rental accommodations, which are fully managed, is rising. Chennai offers a huge potential for co-living centers. We have identified a few buildings and are in talks with landlords to onboard these properties," said Settl Co-Founder Abhishek Tripathi.
To start, the company plans to launch 300 beds in Chennai and aims to increase this number to 1,000 beds by the end of the fiscal year. Established in 2020, Settl enters into long-term lease agreements with builders and asset owners, designs and develops the properties, and then sub-leases the space to working professionals.
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A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
KALYAN: A 22-year-old farmer from Nashik suffered a partial amputation of his left leg after being hit by the notorious 'Phatka gang' near Kalyan. The incident occurred on Sunday morning while Gaurav Nikam was travelling on the Tapovan Express from Thane to Nashik. According to Kalyan GRP, the incident happened between Shahad and Ambivli railway stations when the train slowed down near Irani Pada. Nikam was on a phone call near the train door when a minor boy from outside struck his hand with a
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Uttarkashi Cloudburst Horror: Flash Floods Sweep Away Village, People Seen Running For Their Lives
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Can Vijay be the Next MGR in Tamil Nadu Elections?
A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
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