As urbanization surges and housing costs climb, the co-living industry has emerged as a transformative solution, offering affordable and community-focused living arrangements in bustling cities. This innovative model caters especially to millennials and young professionals seeking high-quality yet cost-effective housing. GMD Co- Living, a pioneer in this sector, stands out as a leader in redefining urban accommodation. Established in 2005 and evolving into GMD Co-Living in 2014, the firm has successfully transitioned from traditional brokerage to a comprehensive property management model. With a commitment to exceptional service, quality furnishings, and integrated amenities, the firm excels in providing tailored, community-centric living spaces. Their expertise and dedication have cemented their position at the forefront of the co-living industry in India. GMD Co-Living, founded by a visionary entrepreneur who faced significant struggles in the early years of his career, has become a prominent name in the co-living space industry in India. “I began my journey in 1993 with a declining family business, enduring a decade of financial challenges. Through various ventures, including a failed hotel, I eventually discovered the potential of co-living in the late 1990s. A pivotal moment came when a broker sought accommodation for three girls in Mumbai, revealing the sector's promise.
Despite initial doubts, I embraced the opportunity and saw significant returns within the first month. Identifying a growing demand for quality, affordable housing, I collaborated with brokers, secured prime locations, and founded a successful co-living business, establishing a strong reputation in the industry”, speaks Gurdeep Singh Kohli, Founder.
Comprehensive Service Model
In 2016, GMD Co-Living transitioned from a brokerage-based model to a fully integrated property management system. Recognizing the impending shift towards direct marketing and the decline of traditional brokerage, the firm began renting, furnishing, and managing properties independently, ensuring complete control over inventory, client relations, and service quality. The firm offers fully furnished accommodations equipped with modern amenities like ACs, TVs, and Wi-Fi, supported by a dedicated team for housekeeping, maintenance, and management. Its commitment to quality and reliability has solidified its reputation in the co-living industry.
GMD Co-Living offers a unique property management model that integrates food provision through local caretakers, who manage cleanliness, and maintenance, and sell food to tenants. This system allows caretakers to earn extra income without additional demands on the company. The company also provides diverse housing options, including shared apartments, vacant bungalows, and refurbished properties in various societies, all designed to hotel-like standards. A dedicated team, including architects and caretakers, ensures high service quality. Properties are taken on rent, fully managed, and maintained by the company, providing tenants with a seamless living experience tailored to their budgets. This innovative approach has enabled GMD Co-Living to offer exceptional services and maintain tenant satisfaction over the past decade.
Focus on Excellence
The firm is poised for strategic expansion with a clear focus on quality over quantity. As the founder's son prepares to join the business in two years, the company is gearing up for multi-city operations, beginning with an extended presence in Mumbai. The aim is to create properties that provide exceptional service and comfort, ensuring residents have no desire to move elsewhere. Despite the challenges in consistently delivering top-notch services, GMD Co-Living remains committed to maintaining a limited but high-quality inventory. The firm prioritizes customer satisfaction and sustainable growth, avoiding overexpansion and emphasizing excellent services over sheer volume. This approach ensures long-term success and a strong reputation in the co-living industry.
Comprehensive Service Model
In 2016, GMD Co-Living transitioned from a brokerage-based model to a fully integrated property management system. Recognizing the impending shift towards direct marketing and the decline of traditional brokerage, the firm began renting, furnishing, and managing properties independently, ensuring complete control over inventory, client relations, and service quality. The firm offers fully furnished accommodations equipped with modern amenities like ACs, TVs, and Wi-Fi, supported by a dedicated team for housekeeping, maintenance, and management. Its commitment to quality and reliability has solidified its reputation in the co-living industry.
GMD Co-Living offers a unique property management model that integrates food provision through local caretakers, who manage cleanliness, and maintenance, and sell food to tenants. This system allows caretakers to earn extra income without additional demands on the company. The company also provides diverse housing options, including shared apartments, vacant bungalows, and refurbished properties in various societies, all designed to hotel-like standards. A dedicated team, including architects and caretakers, ensures high service quality. Properties are taken on rent, fully managed, and maintained by the company, providing tenants with a seamless living experience tailored to their budgets. This innovative approach has enabled GMD Co-Living to offer exceptional services and maintain tenant satisfaction over the past decade.
Focus on Excellence
The firm is poised for strategic expansion with a clear focus on quality over quantity. As the founder's son prepares to join the business in two years, the company is gearing up for multi-city operations, beginning with an extended presence in Mumbai. The aim is to create properties that provide exceptional service and comfort, ensuring residents have no desire to move elsewhere. Despite the challenges in consistently delivering top-notch services, GMD Co-Living remains committed to maintaining a limited but high-quality inventory. The firm prioritizes customer satisfaction and sustainable growth, avoiding overexpansion and emphasizing excellent services over sheer volume. This approach ensures long-term success and a strong reputation in the co-living industry.
