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Olive Residences in Bengaluru
Olive by Embassy, the co-living and student housing brand by Embassy Group, on November 24 launched its asset-light management business named – Olive Residences.
With a twofold membership approach, one can choose one’s primary residence location in the city and gain access to member-partner escape locations, as well as the exclusive Olive Club on a ‘pay as you go’ system, said a press release.
Olive Residences has launched its first property in Koramangala, available for immediate occupancy as 1BHK residences and two more properties in Magrath Road and Indiranagar, Bengaluru to be ready in the next three months.
Olive Residences will take up residential buildings and hotels under a management agreement in the central locations of metro cities, across India. With state- of-the- art amenities and services, the serviced apartments will go beyond just offering vibrant living spaces, by bringing together a lively community of diverse cultures, backgrounds and walks of life, the release said further.
These fully serviced, all-inclusive accommodations will feature a rooftop terrace with a lounge, bar, yoga deck, fitness and a gaming area.
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