NEW DELI: World-class student residence provider, Stanza Living, launched Stanza Estate app, designed to enable quick and efficient listing of properties. The app was launched as part of its growth strategy to reach one lakh 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.
The Stanza Estate App provides:
● An intuitive interface and easy navigation enabling the user to share a repository of comprehensive property details
● Real-time update on property assessment, shortlisting and selection
The Stanza Living team will subsequently partner to transform selected properties into student accommodations and take care of complete everyday operations.
Student housing is a largely unorganized market, which suffers significant infrastructure and service quality gaps. Despite being a high-demand sector generating revenues of over $15 billion, there has been no significant disruption in the sector to deliver a high-quality student community-living product. Stanza Living is focusing on reimagining the student living experience in India, to ensure that the over 11 million migrant students in the country can enjoy global standard housing solutions.