Trilive Andheri: A Great Way to Invest in Mumbai Real Estate

Tribeca developer has launched Trilive, a first-of-its-kind rental housing platform in India, bringing a fresh approach to real estate investment. In partnership with Housr, India’s top luxury co-living brand, the company aims to transform the rental housing market with its debut investment project in Andheri East.

Trilive is Mumbai's First Dedicated Real Estate Investment Platform

Trilive Mumbai offers a unique investment opportunity in India's financial capital. The project features 600 studio apartments for sale in Mumbai Andheri East, targeting investors looking for steady and higher returns and excellent capital appreciation.

The studios, priced at ₹69.99 lakh each, will be available to investors with a ten-year lease commitment from Housr Coliving in Mumbai.

What Trilive Brings to the Table?

Property investment in Mumbai has always been attractive due to the city's limited land and growing population. Trilive takes this further by offering a targeted 6% rental yield, which is significantly higher than the typical 2-4% yields in residential real estate.

Each studio apartment comes with modern amenities, including:

• Private balconies with city views
• Fully furnished premium quality interiors
• Access to gym facilities
• Coworking spaces
• Mini theatres
• Rooftop lounges
• Community events
• Café and restaurant
• 3-tiered security system
• Pet-friendly environment
• Laundry on demand
• Professional housekeeping

Tribeca and Housr have created a win-win solution for both investors and tenants. Investors get steady rental income regardless of occupancy, while tenants enjoy quality living spaces with professional management.

Trilive Meets Market Demand with Hassle-Free Studio Rental Experience

India's major cities have nearly 10 million single millennials working in corporate jobs. These young professionals prefer renting well-designed spaces rather than buying property outright.

"With Trilive, we address the huge unmet need for high-quality managed rental housing for working professionals," says Kalpesh Mehta, Founder of Tribeca Developers. Studios make up less than 0.5% of Mumbai’s housing stock, creating a supply shortage.”

All-Inclusive Living Experience

Trilive project makes a great investment asset because of its its all-inclusive approach to ultra-modern living. Tenants will enjoy a fully-furnished apartment with daily housekeeping, such as mopping, cleaning, and making bed, high-speed Wi-Fi, homely meals, and laundry services.

Housr in Mumbai will deliver this ready-to-move in lifestyle in a single rental package. This will also include community events like movie nights, stand-up comedy shows, and karaoke sessions. These activities will help residents build connections and enjoy a balanced lifestyle while focusing on their careers.

Trilive Advantage

When looking at flats for sale in Mumbai within 69.9 Lakh, only a few options offer the same combination of location, amenities, and return on investment as Trilive.

The key benefits for investors include:

• 6% rental yield with 15% escalation every three years
• Professionally managed properties with zero maintenance hassles
• Strong potential for capital appreciation in a prime location
• No vacancy concerns with Housr's lease guarantee
• Lease exit and resale support from Housr

There’s no catch or any hidden fees.

Here’s a clearer picture of the investment pathway:

Initial investment: ₹69.9 lakh. Lease it to Housr for 10 years

• Year 3: Property value grows to ₹82.2 lakh with rental income of ₹4.2 lakh per year
• Year 6: Property value increases to ₹96.5 lakh, with rental income rising to ₹4.83 lakh
• Year 10: Property value reaches ₹1.13 crore with yearly rental income of ₹5.5 lakh

Investors will receive a total gain of approximately ₹76 lahks over ten years, which is a truly impressive return on property investment, 2 -3% more from rental yield point of view.

Trilive is Built at a Strategic Location in Andheri

Tribeca in Marol, Andheri, has chosen a strategic location for its first project. Andheri East is one of Mumbai primary employment hubs that has excellent connectivity via metro lines and is the closest to the international airport.

The area comprises 40,000 companies and around 300,000 professionals within a 10 km radius. This makes it a prime location for studio apartment demand and positions it as the best investment property in Mumbai.

Just next to 7 Hills Hospital, the location offers excellent access to healthcare facilities, malls, and much more. The metro connectivity makes commuting convenient for residents, adding to the property's appeal for both investors and tenants.

One of the Safety and Security in Rental Properties

Security is a top priority at Trilive. The property features a comprehensive 3-tier security system with CCTV monitoring, digital locks, and 24/7 security staff. This gives parents peace of mind when their children move to Mumbai for work opportunities.

Housr is Backed by Industry Leaders

Housr Coliving in Mumbai brings its expertise in co-living operations to the project. With 75 properties leased across five cities, Housr has served over 15,000 residents and understands what tenants want.

"In a city like Mumbai, finding quality buildings suitable for luxury managed living has been challenging. With this partnership, we aim to add 7,000-8,000 beds across India in the next 2-3 years," says Deepak Anand, Co-founder and CEO of Housr.

Housr is backed by financial giants like HDFC Capital, Poonawala Fincorp, The Godrej Family, and INCRED Alternatives. This strong financial backing ensures the sustainability and growth of the Trilive Mumbai project.

A New Standard in Luxury Real Estate Mumbai

Trilive is a novel approach to buying property in Mumbai as it smartly combines the security of real estate with the convenience of a managed investment.

Unlike traditional properties, investors don't need to worry about finding tenants, maintaining their homes issues, or managing other trivialities like tenants, plumbing, electricity, and upgrades. Housr handles all these aspects, making it a truly hands-off investment.

Mumbai is preparing to add 30 lakh new jobs in the coming years and therefore, the demand for quality rentals will only increase. Tribeca Developers’ Projects in Mumbai are perfectly developed to meet this demand while offering investors a secure and profitable scope for real estate investment.

For people, including novices, looking to diversify their investment portfolio with a steady income-generating asset, Trilive offers an opportunity that balances risk and reward in Mumbai's ever-growing real estate market.