• 3,000 additional beds to be operational by the next academic session.

• New facilities in Noida, Gurgaon, Dehradun, Guwahati, and Bhubaneshwar.

• Enhanced amenities and infrastructure tailored for modern student lifestyles.

Delhi, 20th December 2024: EzStays, a premier student housing provider, has announced an expansion plan to fulfill the growing demand for high-quality housing. EzStays, backed by industry leaders such as former KPMG CEO Richard Rekhy and Singapore-based investment company Das Capital, plans to add 3,000 extra beds in key educational hubs Dehradun, Guwahati, Bhubaneswar, Noida and Gurgaon by the following academic session. This development will increase EzStays’ overall capacity to 7,500 beds across pan India.

EzStays, which already has over 4,500 beds in cities like Greater Noida, Ghaziabad, and Chandigarh, is now expanding to Dehradun, Guwahati, Bhubaneswar, Noida, and Gurgaon. These new locations are strategically chosen to meet the surging demand for quality housing in fast-emerging educational regions. India’s higher education sector is set to enroll over 92 million students by 2035, with Tier 2 and Tier 3 cities driving growth in educational infrastructure. This expansion aims to address the growing demand for quality, secure, and comfortable student accommodations.

Along with the rapid expansion, EzStays has witnessed an extraordinary revenue growth of 620%, from Rs 5 crore in its first year of operations in 2019 to over Rs. 36 crore in FY 23-24. The projected revenue of the company is  Rs. 53 crore for FY 24-25, reflecting its robust growth trajectory and increasing market demand.

EzStays’ purpose is to provide students with comfortable, accessible, and safe living spaces that go beyond typical accommodations. The company prioritizes sustainability by integrating energy-efficient systems, waste management solutions, and eco-friendly construction practices to minimize its environmental footprint while offering modern amenities. Beyond housing, EzStays is committed to fostering student development by introducing entrepreneurship programs designed to nurture innovation, critical thinking, and business acumen. These initiatives aim to empower students with the skills and mentorship needed to explore entrepreneurial ventures, further enriching their academic experience and preparing them for future success.

Vaibhav Khanna, CEO and Co-Founder of EzStays, commented:

“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 students living across the country, and we are grateful to be a part of their adventures.”

EzStays is revolutionizing the Indian student housing experience by working with prominent educational institutions to guarantee that students have access to high-quality hotels near their campuses. The company’s strong Go-To-Market strategy prioritizes partnerships with educational institutions and universities to provide seamless housing options that fit changing student demands.

About EzStays

EzStays is a leading student housing provider in India, offering fully furnished hostel accommodations. Focused on comfort, convenience, and community, EzStays aims to create living spaces that support both academic and personal growth. The company currently operates in Greater Noida, Ghaziabad, and Chandigarh, with plans to expand to Noida, Gurgaon, Dehradun, Guwahati, and Bhubaneshwar.