Modern Student Accommodation Raising Funds In Bangalore
About Business
Launched in 2023, this new student accommodation has the fundamental aim of creating a safe, comfortable, and community-centered space for potential young students in the Bengaluru area. They offer accommodation for girls and boys in luxurious yet affordable 2-, 3-, and 4-sharing rooms located conveniently in Srinivasa Nagar, along Bellahalli Main Road- just minutes away from some of the country's best institutions such as Kristu Jayanti College, Reva University, and other nearby educational institutions.
Products & Services
The accommodation offers fully furnished rooms with space and storage, an attached washroom, and considerable natural light. The accommodation provides other great services like:
• home-style meals cooked fresh from a kitchen,
• fast Wi-Fi at no extra charge,
• regular cleaning and laundry services,
• Doctor on call,
• 24/7 security and CCTV,
• common areas for relaxation and activities with other guests.
Clientele type
Nearby college students are the main clients.
Premises
LEASED
Lease per month (in INR): 4.20 L
Security Deposit (in INR): 10.00 L
Carpet Area: 2,400 sq ft
Running PG with a capacity of 107, Very Good Potential to grow more with a good profitability with less variable expenses. Full detail in personal meeting
Asking Price Includes
A fully operational business with staff, a functional kitchen, and 44 enrolled students
Reason
The founders plan to renovate the premises and seek funding for promotional activities.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience