Truliv, a co-living startup based in Tamil Nadu, is expanding into Bengaluru, India’s technology hub. The company has launched its first projects in the city, focusing on micro-markets around Hebbal and Whitefield.
To grow its presence, Truliv is using a cluster-based expansion strategy in Bengaluru. Initially, it plans to offer 1,000 beds as part of this expansion.
In the next 18 months, Truliv aims to add 1,500 more beds. This will increase its total capacity in Bengaluru to 2,500 beds.
“Our growth strategy focuses on a cluster-based model, enabling us to establish thriving communities in key business districts while ensuring operational efficiency and superior service delivery. By leveraging our leadership in BTS (Build-to-Suit) and co-living, we aim to set a benchmark for living experiences and scale our model across the city, driving sustainable growth and innovation in the sector,” said Rohit Reddy, cofounder and chief executive officer of Truliv.
Currently, Truliv manages over 3,000 beds in Chennai. The startup intends to replicate its success in other major cities, such as Pune, Hyderabad, and Gurgaon.
The company anticipates a revenue of Rs 32 crores by the end of this financial year. Notably, it is already EBITDA positive, which distinguishes it within the co-living market.
Truliv’s operating model integrates built-to-suit (BTS) properties with traditional leases, providing flexibility and scalability. Initially targeting working professionals, the company plans to broaden its offerings to serve various customer segments in the future.
Founded in 2019 by Rohit Reddy and Ranjeeth Rathod, Truliv operates as a subsidiary of DRA Homes. The startup focuses on delivering innovative housing and community solutions for working professionals, students, and other demographics across India. With aggressive expansion plans underway, Truliv is set to become one of India’s leading co-living operators.
