BENGALURU: Olive , a colivng residential offering from Bengaluru headquartered Embassy Group is set to debut in India.

The firm plans to roll out 10,000 beds with an investment of Rs 1000 crore by 2021.

"We will also enter into joint venture and joint development agreement with landlords to expand the brand," said Virwani.The Indian co-living market is at a very nascent stage and has only a few organised players.

The real estate developer currently has around Rs 7,000 crore debt.Embassy Group plans to focus on commercial, industrial, co-working and co-living segments to expand its footprint in the country.

It currently has 10 million sq ft of commercial projects under development, with a residential inventory of Rs 4,800 crore. | To read full story, visit https://startuparound.com/read/1579606206.0303297/Embassy-group-forays-into-co-living-segment-with-Olive-brand?ref=audio_experience