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Stanza Living launches Stanza Estate App for real-estate owners

MediaInfoline January 28, 2019
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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.

Speaking about the launch Anindya Dutta and Sandeep Dalmia, Co-founders, Stanza Living, said “We are on an aggressive growth path and have an ambition to target a capacity of over one lakh beds by 2021. Our intent is to create a pan-India student housing brand so that the millions of migrating students in the country can be assured of a high-quality residential experience. The Stanza Estate App is the first step to engage like-minded property owners, brokers and consultants and work together to create a high-yield proposition. We will be launching a series of outreach programmes to engage potential partners and find synergies, as we build a world-class student brand.”

Speaking about the impact on business efficiencies, they said “Launched as a pure listing platform, future updates of the app will have powerful data analytics engines and property evaluation algorithms to allow real-time evaluation of the viability of a property as a student living asset. This will create an efficient information exchange and operational liaison between our business teams, allow real-time updates to our potential partners and faster sourcing of property supply to grow our footprint.”

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.

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