CHENNAI: Co-living operator Stanza Living has entered into managed apartments vertical with an investment of $10 million (Rs 77.5 crore). Stanza Living provides rented accommodation to students and working professionals. In a statement, Stanza said, it has expanded product portfolio by launching customised, fully-managed apartments in six cities across the country including Chennai, Delhi, NCR, Bengaluru, Pune and Hyderabad. “Starting with an investment of $10 million, the new business category has been launched with an initial inventory of 5,000 rooms,” the company said in the statement.
Visit news.dtnext.in to explore our interactive epaper!
Click here for Android