Student accommodation aggregator, Stanza Living, has launched a new app, Stanza Estate, that will enable quick and streamlined listings of properties.
The app was launched as part of its growth strategy to reach one lakh (100,000) bed-capacity by 2021. The app will allow property owners, brokers, real estate consultants and developers, to partner with Stanza Living in an effective manner, to create bespoke, high-quality student accommodations. It will help create an ecosystem of property owners across the country, to launch student accommodations in key educational hubs like Bengaluru, Hyderabad, Chennai, Pune, Indore, Ahmedabad, among others.
Stanza Living operates a full-stack business model that transforms properties into student-friendly residences, provides a wide array of amenities for a hassle-free living experience and ensures end-to-end service delivery management. The company has recently received a fresh funding of $10 million, from marquee global investors like Sequoia Capital, Matrix and Accel Partners.
Speaking about the launch Anindya Dutta and Sandeep Dalmia, Co-founders, Stanza Living, said “We are on an aggressive growth path and have an ambition to target a capacity of over 100,000 beds by 2021. Our intent is to create a pan-India student housing brand so that the millions of migrating students in the country can be assured of a high-quality residential experience. The Stanza Estate App is the first step to engage like-minded property owners, brokers and consultants and work together to create a high-yield proposition. We will be launching a series of outreach programmes to engage potential partners and find synergies, as we build a world-class student brand.”
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