Acharya Shri Nanesh Hostel has been established by Meena Ranka Foundation, a Charitable Trust in the year 2007 at Panvel, Navi Mumbai with homely atmosphere and socio culture to provide residential accommodation to the boys coming from various parts of the country to the city of Mumbai for pursuing higher studies i.e. CA, MBA, CS, ICWA, MCA, BE, B.Tech, Medical etc.

The hostel is located near Panvel Railway Station at a walking distance of 15 minutes. Train journey from Panvel to VT Station, Mumbai is 70 minutes and to Kurla Station, Mumbai 50 minutes.