Ashiana Housing acquired 23 acres in Chennai's Mahindra World City to develop a senior living project with Rs 1,200 crore revenue potential, featuring premium villas and apartments.
The three-day Fairpro 2025 property fair in Coimbatore featured over 30 builders displaying 100+ properties, ranging from Rs 20 lakh to Rs 7 crore, inaugurated by SBI's Haritha Poornima.
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.
The real estate industry hopes for tax breaks, a broader definition of affordable housing, and increased retail participation in REITs in Budget 2024.
Senior housing is emerging as a promising real estate sector in India, driven by changing mindsets, financial independence, and a growing senior population.