By Anindya Dutta, Co-founder, Stanza Living

Review – 2018

The Student Housing sector in India is currently a $15 billion industry. The sector sees robust demand from nearly 11 million migrating students within the country. However, the space is largely unorganized, with lack of quality infrastructure and personalized services being significant gap areas. There has been growing interest and acceptance for technology-enabled world-class student housing ventures like Stanza Living, which are focused on professionally organizing and reimagining student co-living in India. Today, we are the largest player in the space. We grew multi-fold, from over 100 beds capacity in 2017 to over 2000 beds and 16 residences across Delhi, Noida and Greater Noida.  Realizing the potential, marquee global investors like Sequoia Capital, Matrix and Accel Pratners have invested $12 million in Stanza Living.

Outlook – 2019

The student housing sector will continue to grow robustly, driven by migrant-student demand that is expected to echo the growth in higher education avenues. Additionally, a discerning student population that seeks a professionally managed student living experience, catering to their particular needs and aspirations, is leading to growth of brands like ours that can deliver this value proposition. In line with this, we have set ourselves an aggressive target to grow to over 10,000 beds within the next one year. In 2019, Stanza Living will be expanding to educational hubs like Bengaluru, Pune, Hyderabad, Chennai, Dehradun, amongst others.