Chennai-based Sameera Group announces ₹500 crore investment to develop 1,000 senior living homes in Bengaluru, Chennai, Vellore, and Kancheepuram, partnering with Vedaanta Senior Living to address South India's aging population needs and redefine senior care infrastructure.
North Bangalore's residential market is booming with new apartments and luxury villas, offering options for all budgets. Premium and luxury housing options are concentrated around Hennur Road and Thanisandra, while mid-range options are available near the airport.
LIC Housing Finance plans to expand its senior citizen homes business across India, aiming for a public listing within five years. The company has completed projects in Bangalore and Bhubaneswar, and is now eyeing Jaipur, Haridwar, and Goa.
Senior housing is emerging as a promising real estate sector in India, driven by changing mindsets, financial independence, and a growing senior population.
NRIs from Gulf countries are heavily investing in Lucknow's residential properties, driven by emotional ties and retirement plans. The 2007 Indian Property Show in Dubai highlighted this trend, with Ansal Properties' Golf Villa attracting significant NRI interest.