📋 About the Brand
Colive is a leading Indian proptech and managed coliving company established in 2016. It provides fully furnished rental homes and shared living spaces for students and working professionals. The company offers modern amenities such as Wi-Fi, housekeeping, maintenance, security, and community events to create a comfortable and hassle-free living experience. Using technology-driven property management, Colive focuses on making urban rental housing affordable, convenient, and flexible across major cities in India.
🏢 Business Information
Company NameColive
CEO / FounderSuresh Rangarajan
DesignationMD / Director
Established Year2016
Franchising Since2019
SectorCommercial Real Estate
Total Investment2 Lakh - 5 Lakh
Required Area100 - 500 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionno
Renewal Fee₹50K – ₹1 Lakh
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
Jurisdictionkarnataka
Agreement Registeredyes
NotesPartner/property owner must follow Colive's brand, operational, and service quality standards.
The agreement clearly defines the roles and responsibilities of both parties.
Revenue sharing, payment terms, and operational responsibilities are specified.
The property owner must maintain the property as per Colive's quality requirements.
The agreement includes confidentiality, renewal, termination, and dispute resolution clauses.
Both parties must comply with applicable property, rental, and local legal regulations.
