Stanza Living to invest Rs 150 cr to tap working professionals segment

Student housing startup Stanza Living will venture into managed housing for working professionals with a capacity of 10,000 beds in 4 cities, will add an additional 50,000 beds in the new segment and invest Rs 150 cr for the expansion.

Will initially focus on adding working professionals in Bengaluru, Hyderabad, Pune & Coimbatore, each bed or room is expected to be priced in the range of Rs 4,000- Rs 15,000.

Stanza Living will offer features like live cafes and kitchens, chef-curated meals, WiFi, laundry service, housekeeping and round the clock security with the working professionals product.

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