Jaipur, August, 2021.
Stanza Living, India’s largest managed accommodation company by market share, has expanded its footprint in Jaipur by launching customized, fully-managed, tech-enabled living spaces for students and working professionals. The company is beginning operations in the city with a capacity of 600 beds in popular rental accommodation markets like Gopalpura and SFS Nagar. At the same time, Stanza Living will continue strengthening its presence across more than 16 cities where it currently exists.
The managed accommodation sector in India has largely been fragmented and unorganized, suffering from infrastructure and service quality gaps like – ill maintained and cramped buildings, poor quality food, lack of access to daily facilities and more. Stanza Living was conceptualized to reimagine this experience with its end-to-end managed, service-focused, technology-enabled accommodation solutions designed to suit the lifestyle needs of the new-age migrant consumer. Consumers can access a host of high-quality living solutions including vibrant, adaptively-designed residence spaces, chef-curated meals, WiFi, laundry service, housekeeping and round the clock security for hassle-free living.
Speaking on the expansion, Anindya Dutta, MD and Co-founder, Stanza Living, said, “Our foray into the lucrative Rajasthan market, has started with the key student and working-professional hub of Jaipur. After gaining major market share across leading student and working professional hubs like Delhi NCR, Dehradun, Indore, Vadodara and more in North India, entering Jaipur is a natural progression for the business. We are very optimistic about our growth in the state.”
There is a sizable population in the city, dependent on private rental housing facilities. Stanza Living is geared to serving the lifestyle needs for this vast new-age consumer base through its dedicated solutions.
Last year, even while the company continued to scale, Stanza Living had launched an extensive
COVID-Combat Ready Framework which includes extensive safety and hygiene preparations of each
residence and kitchen in their network, like frequent building disinfection and deep cleaning,
thermal monitoring at all entry/exit points, mandatory PPE for all staff, social distancing markers in
all common spaces, contactless, no-touch dining facility and even the establishment of a Quick
Response Team for any medical emergencies. These measures continue to be followed and the properties were recently audited by Equinox Labs, one of India’s leading quality audit companies, resulting in Stanza Living receiving industry-first ‘Safe Place to Stay’ and ‘Safe Place to Cook’ certifications.