StayVista Expands into Branded Residences, Targets Rs 250 Crore in FY26
StayVista, a leading luxury villa rental firm, has ventured into the branded residences market, starting with Delhi-NCR and planning to expand to Pune, Mumbai, and Bengaluru. The company aims to achieve Rs 250 crore in revenue by FY26.
StayvistaBranded ResidencesLuxury Villa RentalDelhincrExpansionReal Estate MumbaiMay 26, 2025
The company currently has a limited presence in city locations but plans to shift its leisure-city mix to 80:20 over the next two to three years. This shift underscores StayVista's commitment to diversifying its offerings and tapping into the growing demand for comfortable, city-based accommodations.
Amit Damani, co-founder of StayVista, shared insights with Business Standard, stating, “While the market is still nascent, demand is definitely growing. We wanted to offer people a home-like experience in metro cities for people who are away from homes for a longer duration.” This new venture is not just a response to market trends but also a strategic move to capture a broader customer base.
StayVista's foray into branded residences begins in the Delhi-NCR region, where it currently operates three residence properties. The company has ambitious plans to expand its footprint to new geographies, including Pune, Mumbai, and Bengaluru. This expansion is expected to generate an additional revenue of Rs 25 crore, further solidifying StayVista's position in the market.
The demand for shorter stays, typically two nights, is significant, but there is also a notable 20% demand for longer stays, often spanning a fortnight. This varied demand pattern highlights the flexibility and appeal of StayVista's offerings. According to Damani, “In residences, we are seeing a bigger demand for shorter stays — typically for two nights, but almost 20 per cent of the demand is for longer stays spanning a fortnight.”
The branded residences are distinctly different from StayVista's leisure offerings. The company has observed that as many as 30% of bookings are for entire apartments, while the majority are for separate individual bedrooms within a larger apartment. This diverse range of options caters to a wide spectrum of customer preferences, from those seeking private, spacious living to those preferring more communal settings.
StayVista has set its sights on a significant milestone, aiming to achieve a revenue of Rs 250 crore in financial year 2025-26 (FY26). This ambitious target is part of a broader strategy that includes an initial public offering (IPO) planned for 2028. The company has already made substantial progress, growing its portfolio to 1,000 villas and recording a revenue of Rs 120 crore with a net profit of over Rs 2 crore in FY25.
With its strong foundation and strategic expansion, StayVista is well-positioned to capitalize on the growing demand for branded residences and continue its upward trajectory in the hospitality and rental market.
Frequently Asked Questions
What is StayVista's new venture?
StayVista has ventured into the branded residences market, offering a home-like experience in metro cities for individuals who are away from home for extended periods.
Where is StayVista currently expanding its branded residences?
StayVista is starting its expansion in Delhi-NCR and plans to expand to new geographies like Pune, Mumbai, and Bengaluru.
What is the expected additional revenue from the new venture?
StayVista expects to generate an additional revenue of Rs 25 crore from its branded residences.
What is the demand pattern for StayVista's branded residences?
There is a significant demand for shorter stays of two nights, but 20% of the demand is for longer stays spanning a fortnight.
What is StayVista's revenue target for FY26?
StayVista aims to achieve a revenue of Rs 250 crore in financial year 2025-26 (FY26).
Related News Articles
Maharashtra's Real Estate Market Sees Upsurge in Property Registrations
Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.
Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance
Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.
3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora
Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe
NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors
The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of
Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore
The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P
Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance
A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans