Sameera Group Invests ₹500 Crore in Senior Living Homes Across South India
Chennai-based Sameera Group has started an ambitious ₹500 crore project to change South India’s senior living scene. They plan to build 1,000 specialized homes in Bengaluru, Chennai, Vellore, and Kancheepuram over five years. This partnership with Vedaanta Senior Living targets India’s aging population looking for comfortable, community-driven living.
Project Locations & First Phase Details
The partnership starts with a flagship 100-acre project in Kancheepuram, combining Sameera Group’s land development skills with Vedaanta’s senior care expertise. Future phases will expand to Vellore, Bengaluru, and Chennai, addressing urban-rural gaps in accessible senior housing.
Strategic Partnership Strengths
The collaboration uses:
- Sameera Group: 45+ completed projects in Tamil Nadu, serving over 100,000 customers.
- Vedaanta Senior Living: Deep expertise in senior care operations and custom community designs.
| Aspect | Sameera Group Contribution | Vedaanta Senior Living Contribution |
|---|---|---|
| Land Development | Site acquisition, infrastructure | Community planning, healthcare amenities |
| Operations | Project execution | Support services, social programming |
Key Features of The Senior Living Communities
Residents will enjoy:
- Health-Focused Infrastructure: On-site medical facilities, emergency response systems.
- Recreational Spaces: Yoga desks, parks, community halls, and activity zones for engagement.
- Affordable Pricing: Targeting middle-income families with affordable price range.
- Smart Design: Age-friendly layouts with wide walkways and assisted living support.
Market Impact & Future Outlook
The project taps into South India’s underserved senior housing market, where traditional housing often lacks age-specific accommodations. By 2029, Sameera Group aims to become a regional leader in this emerging segment, potentially extending investments to other southern states.
This venture aligns with India’s broader Silver Economy trends, responding to projections that elders will make up 20% of the population by 2030. Sameera Group’s focus on scalability and quality could set new benchmarks for senior living infrastructure in India’s urban and semi-urban areas.