Serene Communities to invest Rs 3,000 crore for pan-India senior living expansion
Serene Communities is investing Rs 3,000 crore to expand its senior living projects across India. The company is partnering with regional developers to build wellness-focused communities. This expansion targets India’s growing senior population. The demand for managed senior housing is increasing significantly. Serene Communities aims to be a leader in this rapidly evolving market.
Bengaluru: Serene Communities, the senior living platform of Columbia Pacific Communities, has announced a Rs 3,000 crore investment to expand its footprint across India, as it bets big on the country’s rapidly growing senior housing market.
The company currently has 13 projects under various stages of development, spanning nearly 2.5 million sq ft across key cities including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune.