Stanza Living to manage hostel beds for colleges, corporates

New Delhi: Co-living operator Stanza Living on Thursday said it has tied up with a number of educational institutes and corporates to manage their nearly 10,000 hostel beds as part of its strategy to expand business.

Gurugram-based Stanza Living, which provides rented accommodations to students and working professionals, currently operates more than 75,000 beds across 23 states. To expand its business, the company has launched an integrated facility management business vertical for college campuses and corporates across India.

Starting with close to 10,000 hostel beds, the company said it has partnered with engineering and management institutes like JECRC University, Presidency University and GM Institute of Technology. Stanza Living will help these colleges to offer a high-quality, hygienic and tech-facilitated campus e x p e r i e n c e to students, a company statement said.

E d u c a t i o n a l institutes have h i s t o r i c a l l y struggled with hostel management issues like fragmented service of ferings from multiple vendor partners, lack of quality control and overall inefficiency of operations, it pointed out. Stanza Living aims to address these problems through its technologypowered plug and play service ecosystem.

Under the facility management vertical, students and working professionals can avail services like F&B, laundry, housekeeping, mobility, security, community engagement and recreational activities.

Anindya Dutta, MD and co-founder, Stanza Living, said, “As consumers increasingly prioritise safety, hygiene and convenience, quality of living facilities has become a strong consideration factor in selecting an academic institution or even a place of work outside their hometown.” (PTI)