Truliv co-living: Co-living startup Truliv forays into Bengaluru

Truliv, a co-living startup headquartered in Tamil Nadu, has ventures in the technology capital of India with its first projects in the Bengaluru market, specifically targeting micro-markets in and around Hebbal and Whitefield.

The company is implementing a cluster-based expansion strategy in Bengaluru, aiming for an initial offering of 1,000 beds as part of its portfolio expansion.

Over the next 18 months, Truliv plans to add 1,500 more beds, bringing its total capacity in the city to 2,500. “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 operates over 3,000 beds in Chennai and aims to replicate its success in other major cities, including Pune, Hyderabad, and Gurgaon.

The company projects revenue of Rs 32 crores by the end of this financial year and is already Ebitda positive, a distinction that sets it apart in the co-living space.

Truliv’s operating model combines BTS properties with the traditional lease and, allowing for flexibility and scalability. Initially focused on working professionals, the company plans to expand its offerings to cater to a broader range of customer segments in the future.

Founded in 2019 by Rohit Reddy and Ranjeeth Rathod, Truliv is a subsidiary of DRA Homes. The startup delivers innovative housing and community solutions, catering to working professionals, students, and other demographics across India. With its plans for aggressive expansion, Truliv is poised to become one of India’s leading co-living operators.