Union Living Expands Pune Portfolio to 1,000 Beds as It Targets Revenue Growth in FY27
Pune, July 27, 2026: Union Living has expanded its managed housing footprint in Pune with the addition of two new Build-to-Suit (BTS) properties, bringing its local inventory to 1,000 beds. The launches—Eden by Union Living in Balewadi and X90 by Union Living in Baner—mark a key step in the company’s broader strategy to scale organized rental accommodation across urban markets, Union Living said in a press release.
The expansion supports Union Living’s target to achieve approximately ₹90 crore in revenue for FY27, more than doubling its FY26 revenue of ₹38 crore. Driven by rising demand from students and young professionals, the operator currently manages 16 properties across Mumbai, Pune, Ahmedabad, and Gurugram, representing a combined capacity of around 3,000 beds.
The two new developments represent a joint investment of ₹15 crore and were constructed specifically for managed residential operations under the company’s BTS framework. Situated in the Balewadi and Baner micro-markets, the properties offer direct access to major IT parks, commercial hubs, educational institutes, and transport links, addressing strong demand fueled by workforce mobility and urban migration.
Accommodation options feature fully furnished spaces with rental rates ranging from ₹16,000 per month—inclusive of meals—up to ₹50,000 per month for private studios. Residents receive access to high-speed internet, regular housekeeping, laundry services, 24-hour security, shared communal spaces, and structured community events. Beyond individual renters, Union Living is also experiencing increased uptake from corporate clients utilizing the spaces for guest house requirements.
Commenting on the expansion, Rishabh Soni, Co-founder & CEO, Union Living, said, “Pune continues to be an important market for us, supported by sustained demand from students and working professionals for professionally managed accommodation. The launch of Eden and X90 takes our Pune portfolio to 1,000 beds and reflects our continued focus on developing purpose-built assets in markets where organised rental housing is witnessing steady growth. As we continue to scale our presence across key urban markets, our focus remains on building well-managed housing solutions that address the evolving needs of residents.”
Parth Soni, Co-founder & COO, Union Living, said, “Resident expectations from rental housing continue to evolve, with greater emphasis on professionally managed accommodation and integrated services. Through Eden and X90, we have developed housing options across different price points while bringing accommodation and essential services together under a single operating model.”
Elroy Fernandes, Partner & Operations Director, Union Living, added, “The Build-to-Suit model enables us to standardise operations across properties while maintaining consistency in service delivery. As our portfolio grows, our focus remains on operational efficiency and creating well-managed residential communities through structured operating processes.”
With the addition of Eden and X90, Union Living continues to strengthen its presence in high-demand urban corridors, positioning its purpose-built rental housing model to serve students, young professionals, and corporate occupiers seeking structured alternatives to traditional leasing.
