The Livlit, one of Mumbai’s fastest-growing co-living brands, since its inception in 2021, has expanded to an impressive 850 beds across 9 properties, with plans to further scale by 2026. With a projected turnover of Rs18 crore by FY 2026, The Livlit is becoming one of the leading co-living brands in the city, offering young professionals and students a flexible, community-driven, and hassle-free living experience.
Mayank Bajaj, Founder of The Livlit, shared, “The rapid growth of The Livlit is a testament to the increasing demand for quality, flexible, and community-oriented living spaces in Mumbai. While we're excited to see our brand expanding so quickly, our core mission remains the same—to provide a hassle-free living experience where our residents don’t just find a place to stay, but a community to thrive in. As we look ahead to 2026, our projected growth reflects our ongoing commitment to making urban living not only accessible but genuinely enriching for everyone who calls The Livlit home."
The Livlit’s journey began in April 2021 with a 22-bed property in South Mumbai’s Fort, spanning 5,000 sq ft. Building on the success of the initial property, The Livlit expanded in April 2022, opening a 75-bed facility in Ballard Estate with 12,000 sq ft of space.
In April 2023, the brand launched an 80-bed property in Andheri (W), offering 9,000 sq ft of flexible living space. April 2024 saw the opening of a 90-bed facility in Kharghar, providing 12,000 sq ft of community-centric living.
By July 2024, The Livlit expanded into Prabhadevi, unveiling a 100-bed property with 15,000 sq ft of thoughtfully designed space. November 2024 marked a significant milestone, with the opening of a 175-bed property in Fort, spanning 24,000 sq ft.
In March 2025, The Livlit expanded into Kurla with a 90-bed property occupying 13,000 sq ft. By July 2025, the company plans to open a 140-bed facility in Santacruz East, spread across 22,000 sq ft.
The Livlit will also open a 100-bed property in Seawoods, Navi Mumbai, by June 2025, adding 14,000 sq ft of modern living space. By June 2025, The Livlit will operate approximately 850 beds across 9 properties in 8 key micro-markets across Mumbai.
In just three years, The Livlit has demonstrated exceptional financial growth, with revenue increasing year-on-year: Rs1.85 crore in FY 2023, Rs4.20 crore in FY 2024, and a projected Rs9.10 crore in FY 2025. With continued expansion and strong market demand, the company is on track to achieve a projected turnover of Rs18 crore by FY 2026.
The company’s robust expansion and innovative approach have positioned it as a leading choice for young professionals and students looking for hassle-free, community-driven living spaces in Mumbai.
