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In a city renowned for its bustling atmosphere and soaring real estate prices, Mumbai's student population can now revel in a lavish living experience thanks to Union Living's latest offering, Varsity. Positioned in the prime Santacruz-Juhu zone, Varsity stands tall as Mumbai’s most expansive student housing solution, balancing luxury with affordability.
The remarkable uptake rate of 90% occupancy shortly after its inauguration underscores Varsity's instant appeal. Outfitted with a total of 221 beds, Varsity is more than just a place to reside. It boasts modern amenities ranging from water purifiers and air conditioners to washing machines, ensuring students have everything they need at their fingertips. Moreover, with advanced CCTV surveillance and a fortified community setup, it promises students a safe haven.
But Varsity isn’t limited to physical comforts. It goes the extra mile by nurturing an inclusive community atmosphere. Here, students can engage in curated workshops, benefit from a specialized mind-enhancing app subscription, and bond in the spacious communal areas, which even include a top-tier gym and substantial parking facilities.
Its strategic placement is another feather in Varsity’s cap. Renowned educational giants like NMIMS Mumbai, SNDT, and Mithibai are mere stones' throw away. The facility's proximity to top medical establishments such as Ojas Eye Hospital and Nanavati Super Speciality Hospital further heightens its allure.
Affordability meets luxury in Varsity’s diverse housing options, ranging from single to double occupancy luxury rooms and even 3bhk apartments available on a Bed and Breakfast basis. Catering to the burgeoning demand for brief stays, Varsity is set to escalate its offerings, with ambitious plans to incorporate an additional 1000 beds in prominent Mumbai locales like Goregaon, Malad, and South Mumbai.
Behind this initiative are Parth Soni and Rishabh Soni, the brains who founded Union Living in 2020. With their innovative vision, they’re revolutionizing the concept of communal living across Mumbai, Navi Mumbai, and Pune. Not just limited to long-term accommodation, Union Living caters to a variety of needs, including short-term stays, with specialized packages.
The company, although bootstrapped, flaunts a striking ARR of Rs 24 crore and is on the hunt for its maiden round of investment. Union Living's roadmap is clear: they aim to provide over 8000 beds by 2025. With 2000 of these already in the pipeline, the future looks promising for this dynamic start-up.
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