India Today

ROOMS WITH BENEFITS

Stanza Living Delhi, Bengaluru, Hyderabad, Chennai and Dehradun

- www.stanzalivi­ng.com —By Ananya Srivastava

With an inventory of 22,000 beds across nine cities such as Delhi, Bengaluru, Hyderabad, Chennai and Dehradun to name a few, Stanza Living is setting benchmarks in the largely unorganise­d sector of co-living spaces for students. Founded in 2017, in Delhi, the idea was born out of co-founders Anindya Dutta and Sandeep Dalmia’s personal encounters with student accommodat­ions. Dutta, a former investment banker, and Dalmia, a management consultant, during their time abroad working had a

chance to closely observe student accommodat­ions and that motivated them to create something similar to cater to the needs of the students in India. Stanza Living has raised nearly US$17 million from investors and is backed by Sequoia Capitals, Accel, Matrix Partners and Alteria Capital. One can take a quick look at the properties and amenities that they provide on their website and book a visit to the property of choice. The app-based feedback system ensures timely addressal of the grievances of the residents. With tastefully-designed, fully-furnished rooms, vibrant common spaces for entertainm­ent, healthy meals with a chef-curated menu, Wi-Fi, laundry, housekeepi­ng, 24x7 security and community building activities that help students bond and socialise are some of the services provided to ensure a cost-effective, flexible, reliable and comfortabl­e living. Stanza Living is a full-stack student housing operator, which means end-toend production and operations is managed at each residence with a profession­ally trained staff. This makes it easier to shape the system according to the needs of the students. Price `11,500 per bed for double sharing and `13,000 per bed for triple sharing, on a monthly basis

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