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By Manu Vardhan Kannan
Published on December 19, 2024
EzStays, a trailblazer in India’s student housing sector, has unveiled ambitious plans to expand its capacity to 7,500 beds by 2025. The company will operationalize 3,000 new beds across Noida, Gurgaon, Dehradun, Guwahati, and Bhubaneswar by the next academic session, meeting the increasing demand for quality accommodations in emerging educational hubs.
Already managing over 4,500 beds in cities like Greater Noida, Ghaziabad, and Chandigarh, EzStays is strategically expanding to Tier 2 and Tier 3 cities, which are driving India’s higher education growth. With the student population expected to surpass 92 million by 2035, the expansion addresses the urgent need for secure, comfortable, and student-friendly housing options.
EzStays has demonstrated remarkable growth since its inception in 2019, with revenue skyrocketing by 620% to ₹36 crore in FY 23-24. The company is projecting revenue of ₹53 crore for FY 24-25, highlighting the rising demand for its services.
Beyond expanding capacity, EzStays focuses on creating sustainable and enriching living environments. The company incorporates energy-efficient systems, eco-friendly construction, and waste management solutions in its facilities. Additionally, it fosters student development through entrepreneurship programs that nurture creativity, innovation, and leadership skills.
Vaibhav Khanna, CEO and Co-Founder of EzStays, emphasized the importance of this initiative, stating: "With an anticipated 92 million students in India by the year 2035, there is an immediate need for high-quality student accommodation. Today’s students demand more than simply a place to stay; they require environments that promote their academic and personal development. Expanding into Noida, Gurgaon, Dehradun, Guwahati, and Bhubaneswar is a significant accomplishment for us. We would like to provide thousands of students with modern, secure, and comfortable housing accommodations. This growth takes us closer to our goal of reimagining student living across the country, and we are grateful to be a part of their adventures."
EzStays has established partnerships with leading educational institutions, ensuring students have seamless access to housing near their campuses. This targeted approach aligns with its mission of enhancing the student living experience while supporting academic and personal growth.
About EzStays EzStays is a premier student housing provider in India, offering fully furnished accommodations designed to support academic and personal development. Currently operating in Greater Noida, Ghaziabad, and Chandigarh, the company is expanding to key educational cities, aiming to redefine the student housing landscape across India.
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