New Delhi, Nov. 3 -- Real estate disruptor launches tech-enabled co-living spaces to address India's evolving rental landscape.
Ahmedabad (Gujarat) [India], November 3: India's fastest-growing real estate brand, Mulank Smartspaces , has announced its strategic entry into the student and young professional housing segment , marking another bold step in its journey of redefining urban living. Known for pioneering smart and affordable residential spaces across Gujarat, the company is now focusing on creating compliant, community-driven, and technology-enabled co-living spaces designed for India's growing youth population.
A New Era in India's Rental Housing
With recent government regulations tightening the norms around unorganized Paying Guest (PG) accommodations, the rental housing ecosystem in India is undergoing a transformation. Thousands of students and working professionals are now seeking safe, comfortable, and legally compliant living options.
Recognizing this gap, Mulank Smartspaces is introducing a modern, professional alternative.
"Students and young professionals deserve better - not beds packed into rooms, but thoughtfully designed personal spaces built on comfort, dignity, and security," said Mukesh Mulani , Founder & Managing Director of Mulank Smartspaces.
Smart, Secure, and Stylish Co-Living Solutions
Under its new vertical, Mulank Smartspaces will develop smart studio apartments (approximately 400 sq. ft.) equipped with cutting-edge technology and community features.
Key Features Include:
- Fully furnished, plug-and-play studios
- High-speed Wi-Fi and ergonomic furniture
- Smart app-based access and 24x7 surveillance
- Laundry, housekeeping, and managed facilities
- Dedicated social and community zones
- 100% legal and regulatory compliance
Centrally located near colleges, universities, and commercial hubs across Ahmedabad, these properties aim to redefine convenience and lifestyle for India's mobile youth.
Phase 1: 1,000+ Beds Across Ahmedabad
In the first phase, Mulank Smartspaces plans to roll out over 1,000 beds , fully compliant with fire safety and municipal regulations. Each property will follow a standardized management model to ensure transparency, convenience, and peace of mind for residents and asset owners.
"We're not just renting rooms - we're creating aspirational living spaces that young India will be proud to call home," said Ankesh Jain , Co-Founder, Mulank Smartspaces.
A Promising Opportunity for Investors
The company's new model also presents a lucrative investment opportunity, offering high rental yields and long-term stability in a rapidly growing market.
Investment Highlights:
- Units priced below Rs.30 lakhs
- 8-10% assured annual rental returns
- Consistent occupancy from student and professional demand
- Professionally managed, zero-maintenance investment
Strong Foundation for Disruption
In just two years, Mulank Smartspaces has evolved into a Rs.100 crore+ real estate enterprise , driven by innovation, smart design, and customer trust. The company's commitment to affordability, compliance, and modern urban living has set it apart in a competitive market.
Expansion Plans: From Gujarat to Pan-India
Following its Ahmedabad launch, the company plans to expand to key cities such as Pune, Bengaluru, Hyderabad, Mumbai, Delhi-NCR, and Chandigarh , building a pan-India co-living ecosystem tailored for students and young professionals.
"Our mission is to build India's most trusted, youth-first co-living brand - where affordability meets aspiration," added Mulani.
About Mulank Smartspaces
Mulank Smartspaces is among India's fastest-growing real estate innovators, specialising in smart and lifestyle-driven housing solutions . With a growing portfolio exceeding Rs.100 crore, the company continues to push boundaries in compact luxury, technology integration, and sustainable community living.
Media Contact
Website:
www.mulanksmartspaces.com
Email:
support@mulanksmartspaces.com
Instagram:
@mulanksmartspaces
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Published by HT Digital Content Services with permission from PNN.