Tribeca Launches Trilive in Andheri East; Partners with Housr to Offer Managed Studio Apartments
New Delhi : In a move aimed at redefining the mid-segment real estate landscape, Tribeca—the developer behind marquee projects like Trump Towers—has launched TRILIVE, a fully-managed studio apartment development in Andheri East, in partnership with premium co-living brand Housr.
The project offers over 600 studio units starting at INR 69.9 lakh and is built for both lifestyle and investment. With its format centred on pre-leased, managed apartments, TRILIVE brings a new opportunity for investors looking for studio apartments for sale in Mumbai Andheri East.
Speaking on the launch, Kalpesh Mehta, founder of Tribeca and Trilive, said: “Trilive reflects the direction that real estate is heading in India. Today’s buyer values certainty—certainty in returns, in management, and in future growth. With Housr as the leasing partner, we have created an investment product that offers all three. For investors, this is real estate without the hassle. For tenants, it’s city living that actually works.”
Kalpesh Mehta is also the co-founder of Housr, which runs 75 properties with 1 BHK, 2 BHK, 1 RK, and studio flats across five cities and is backed by HDFC Capital and Adar Poonawalla’s Serum Institute of India.
A First-of-Its-Kind Real Estate Investment Platform
Trilive is going to be India’s first institutional-grade co-living investment opportunity in the residential sector. The apartments are leased out and managed by Housr in Mumbai, offering assured 6% rental returns, annual appreciation, and long-term lease security.
Tribeca Developers, known for its focus on design-led developments, has partnered with Housr to offer a rental venture that is both income-generating and hands-off for the investor. The partnership makes Trilive a strong choice for buyers considering property investment in Mumbai.
Located adjacent to Seven Hills Hospital in Marol, Andheri Trilive enjoys access to major commercial centres, the metro network, and over 3 lakh working professionals within a 10-kilometre radius.
Tribeca plans to sell the first 300 studio apartments at a targeted 6% rental yield to investors with a ten-year lease from Housr. The rental yield is higher than the predominant 2-4% yields in the residential market. The 300 studio flats will be approximately 200 sq. ft. each. The remaining properties will be leased to potential tenants.
Managed Living with Built-In Returns, Ideal for First-Time Investors Too
Trilive addresses a growing demand among investors for stable, fixed-income assets. With rising rents and a limited supply of co-living studio apartments in prime business hubs, the Trilive project offers long-term value creation for corporate employees, business owners, and investors alike.
The project is managed end-to-end by Housr, India’s most renowned luxury co-living management company. All studio apartments are fully furnished and equipped with premium appliances and 30+ amenities. Housr handles leasing, tenant management, maintenance, and services like daily housekeeping, security, and meals.
The platform significantly reduces the risk and effort involved in investing in rental property in Mumbai, making it suitable even for first-time investors.
Here’s Data that Backs the Investment Potential
Tribeca has shared an investment projection showing capital growth and yield over a ten-year period. The projected rental escalations every three years and consistent property appreciation point towards great long-term gains. With the property value increasing to ₹ 1.20 crore by the tenth year, investors could see a total gain of up to ₹76 lakh.
These returns place Trilive in a strong position within the real estate investment category, particularly when compared to fixed deposits.
For those looking for flats for sale in Mumbai within 70 Lakh, Trilive offers a promising investment scheme due to its structured lease, branded management, and built-in appreciation.
Housr’s Operational Edge Makes Trilive a Lucrative Deal
As the leasing partner, Housr Coliving in Mumbai brings its excellent operational model to the project. The company, backed by institutional investors like HDFC Capital, INCRED alternatives, and Godrej Family Office, offers app-enabled tenant services, smart amenities like café, lounges, and gym, 3-tier security layers, and modern community living infrastructure.
The iStay format used by Housr ensures regular rental income to owners, regardless of unit occupancy. With a strong tenant base that includes professionals from companies like Google, Amazon, Netflix, and Adani, Housr guarantees high occupancy and rental stability.
Addressing the Urban Millennial Segment
Trilive has been designed with the needs of today’s working professionals in mind. With housing preferences shifting towards convenience and experience-led living, studio apartments with managed services are becoming increasingly popular across India, especially in the financial capital of India.
Tribeca’s focus on compact, investment-ready units and Housr’s operational strength combine to offer a new solution for investors exploring luxury real estate investment in Mumbai that does not require active involvement.
Andheri’s Emerging Investment Profile
The choice of Tribeca in Marol, Andheri, reflects strong details of real-estate research. The area benefits from business hubs, great social life, expanding infrastructure, and strong tenant demand. Andheri East is already a preferred micro-market for companies and professionals, boosting the case for property investment. For instance, the rent for co-living flats is 125% higher in Andheri.
Therefore, Trilive’s strategic location and fully serviced properties also appeal to non-resident Indians and working couples looking to invest in high-yield assets.
Institutional Confidence and Developer Legacy
As one of the first-of-its-kind offerings in the country, the collaboration between Tribeca and Housr is set to create a new investment benchmark in managed residential formats.
Industry experts, such as L&T Realty, Godrej, and DLF, say this format may grow in the coming years, especially in Tier-1 cities, as young investors and end-users look for safe, return-oriented products with professional management and minimal hassles.
Future of Investment
In a related update, Tribeca Developers announced in March 2025 their plans to develop the Trump World Centre in Pune, Maharashtra— the first commercial office project in India under the Trump Organization brand. The proposed development will offer over 1.6 million square feet of office space across 27+ floors, marking the Trump Organization’s second venture in Pune.
Visit the official website for more details on the investment opportunity. https://housr.in/mumbai
