India’s First ‘Pod Hotel’ Launched in Mumbai, Cost 2000 INR Per Night
New-age travellers visiting Mumbai and its suburbs can now enjoy a stay in a unique place - Urbanpod. And no, it is not pricey! The 'Pod hotel' offers rooms at affordable rates. This is India's first Pod hotel and its facility has come up in suburban Andheri consisting of 140 units.
The initial investment was done by three promoters, and for expansion, the company is open for investments from venture funds, a top official said.
"With an investment of Rs 5-15 crore per hotel depending on the locality, we are looking at an average of Rs 10-20 crore investment over the next three years," Urbanpod Co-founder and Director Hiren Gandhi told Pixr8.
With an average price of Rs 2,000 per night, the individual pods are built in between 50 square feet and 90 sq ft space with self-contained a...