Mulank Smartspaces Forays into Student and Co-Living Housing Market

Real estate disruptor launches tech-enabled co-living spaces to address India’s evolving rental landscape.

Ahmedabad (Gujarat) [India], November 3: Mulank Smartspaces, one of India’s fastest-emerging real estate brands, has announced its strategic expansion into the student and young professional housing segment — a move that reinforces its commitment to redefining modern urban living. Renowned for developing smart and affordable residential projects across Gujarat, the company is now setting its sights on building compliant, community-focused, and tech-enabled co-living spaces tailored to India’s rapidly growing youth demographic.

Redefining India’s Rental Housing Landscape

With recent government reforms tightening the framework around unregulated Paying Guest (PG) accommodations, the country’s rental housing sector is entering a new phase. This has led to a growing demand among students and professionals for safe, comfortable, and fully compliant housing options.

Identifying this shift, Mulank Smartspaces aims to bridge the gap with a contemporary, well-structured alternative.

“Students and young professionals deserve more than cramped PGs — they deserve personal, well-planned spaces built on the principles of 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 24×7 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 ₹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 ₹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 ₹100 crore, the company continues to push boundaries in compact luxury, technology integration, and sustainable community living.