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Homey targets 10,000 beds by 2027 with focus on inclusive co-living

Homey targets 10,000 beds by 2027 with focus on inclusive co-living

Time of Indiaa day ago

Co-living startup
Homey
plans to operate over 10,000 beds by 2027 as it aims to add 5000 beds in the current financial year and another 5000 planned in FY27.
With a primary focus on hybrid holistic living and value-based education, Homey currently operates over 1000 beds, with 120 more underway in
East Delhi's Laxmi Nagar
. An additional 2000 beds are set to be launched within the next six months.
Company's business follow 70–30 model, which ensures inclusivity as 30% of beds are offered free to underprivileged tenants.
In Delhi, Homey has entered into a partnership with
Iskcon
Dwarka for leasing rooms and setting up beds.
'Our aim is to create conscious co-living communities where young minds feel safe, supported, and inspired. As we expand into new cities and cross the 10,000-bed milestone, our focus remains clear: to make high-quality, affordable living easy and meaningful, especially for those who need it the most,' Homey CEO
Madhukant Prabhu
said.
Alongside ISKCON, Homey has partnered with JIMS, Delhi University, APJ School of Management and multiple aviation institutes to provide community-based housing solutions.
Through Iskcon Dwarka's network, Homey aims to reach out to migrant populations aged 18 and above, particularly those from underprivileged backgrounds, to provide accessible accommodation options.
In a global context, initiatives like Common in the USA, The Collective in the UK, WeLive in the USA, and Quarters in Germany have paved the way for innovative co-living solutions. These companies offer shared housing options with a focus on community-building, affordability, and convenience for young professionals and students.
Homey will debut in Ahmedabad within six months with 500 beds, followed by Pune, Hyderabad and Bengaluru later this year.
Its future plans include entering Kota and other key educational hubs in the next 12–18 months.

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Homey targets 10,000 beds by 2027 with focus on inclusive co-living
Homey targets 10,000 beds by 2027 with focus on inclusive co-living

Time of India

timea day ago

  • Time of India

Homey targets 10,000 beds by 2027 with focus on inclusive co-living

Co-living startup Homey plans to operate over 10,000 beds by 2027 as it aims to add 5000 beds in the current financial year and another 5000 planned in FY27. With a primary focus on hybrid holistic living and value-based education, Homey currently operates over 1000 beds, with 120 more underway in East Delhi's Laxmi Nagar . An additional 2000 beds are set to be launched within the next six months. Company's business follow 70–30 model, which ensures inclusivity as 30% of beds are offered free to underprivileged tenants. In Delhi, Homey has entered into a partnership with Iskcon Dwarka for leasing rooms and setting up beds. 'Our aim is to create conscious co-living communities where young minds feel safe, supported, and inspired. As we expand into new cities and cross the 10,000-bed milestone, our focus remains clear: to make high-quality, affordable living easy and meaningful, especially for those who need it the most,' Homey CEO Madhukant Prabhu said. Alongside ISKCON, Homey has partnered with JIMS, Delhi University, APJ School of Management and multiple aviation institutes to provide community-based housing solutions. Through Iskcon Dwarka's network, Homey aims to reach out to migrant populations aged 18 and above, particularly those from underprivileged backgrounds, to provide accessible accommodation options. In a global context, initiatives like Common in the USA, The Collective in the UK, WeLive in the USA, and Quarters in Germany have paved the way for innovative co-living solutions. These companies offer shared housing options with a focus on community-building, affordability, and convenience for young professionals and students. Homey will debut in Ahmedabad within six months with 500 beds, followed by Pune, Hyderabad and Bengaluru later this year. Its future plans include entering Kota and other key educational hubs in the next 12–18 months.

Elon Musk's dad visits Ram temple, calls it ‘wonderful' experience
Elon Musk's dad visits Ram temple, calls it ‘wonderful' experience

Time of India

time04-06-2025

  • Time of India

Elon Musk's dad visits Ram temple, calls it ‘wonderful' experience

Ayodhya/Lucknow: Errol Musk, the father of tech billionaire CEO and Tesla founder Elon Musk , visited the Ram temple in Ayodhya on Wednesday and described the experience as 'wonderful' and one of the 'best things' he has ever done. Musk landed at Ayodhya airport in a private jet from Delhi around 2.30pm. He was accompanied by his daughter Alexandra Musk and senior executives from a private company. Dressed in a kurta-pyjama, Errol Musk went straight to the Ram temple where he performed rituals. He stayed at the temple for about 40 minutes, learning about Hindu mythology during his visit. The temple trust presented him with offerings. Next he paid obeisance at Hanuman Garhi temple. "It's wonderful, absolutely wonderful (Ayodhya visit). It's one of the best things I've ever done. I'm so glad I came to see it and can't wait till the temple gets completed, the big temple, it's going to be something like a wonder of the world," Errol said. Before his departure from the temple town, Errol told reporters: "India is a wonderful place. As many people as possible should visit India. The people here are lovely." Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Errol Musk is on a five-day trip to India. Vivek Bindra, an executive and individual who accompanied Errol Musk, said, "Ayodhya is the birthplace of Lord Ram. We brought Errol Musk and his daughter Alexandra with us. We visited Lord Ram, and we are planning to visit Lord Krishna at the Iskcon temple in Delhi." Officials confirmed that Errol Musk was given a tight security cover during his visit. "There is already a three-layer security cover in Ayodhya, which includes round-the-clock deployment of high-tech anti-drone systems capable of detecting and neutralising unauthorised aerial activity," a police officer said.

From Fighter Jets To Divine Wheels: Kolkata's Jagannath Chariot Gets Sukhoi Tyres
From Fighter Jets To Divine Wheels: Kolkata's Jagannath Chariot Gets Sukhoi Tyres

News18

time01-06-2025

  • News18

From Fighter Jets To Divine Wheels: Kolkata's Jagannath Chariot Gets Sukhoi Tyres

Last Updated: Kolkata's Lord Jagannath chariot gets new wheels from Russia's Sukhoi fighter jet after 48 years. ISKCON faced steering issues and couldn't procure Boeing tyres. In a quintessential display of Indian 'jugaad' ingenuity, Kolkata's Lord Jagannath's chariot is getting a fresh set of wheels after 48 years – remarkably, the new tyres are sourced from Russia's Sukhoi fighter jet, designed for speeds up to 280 kmph. The Indian concept of 'jugaad' – making do with available resources – is being applied to find a solution for Lord Jagannath's chariot. After experiencing steering problems last year, ISKCON quickly sought new wheels, a quest they've been on for 15 years. Since Boeing tyres — ones being used to power to chariots for so long — have become difficult to procure, the organisers approached Sukhoi instead, as their diameter closely matches that of the Boeing tyres. ISKCON Kolkata spokesperson Radharaman Das confirmed that their demand for new wheels took the company that manufactures tyres for Sukhoi fighter jets by surprise. When contacted for a quote, the manufacturer was puzzled, asking why anyone would need Sukhoi tyres and what they'd be used for. After explaining their requirements, ISKCON invited the manufacturers to inspect the chariot, and only then were they able to procure four Sukhoi tyres for the Rath. The Sukhoi fighter jet tyres are currently being fitted, and soon Kolkata will see Lord Jagannath's chariot rolling on wheels designed for high-speed jets. First Published: June 01, 2025, 11:36 IST

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