Columbia Pacific’s Serene Communities to invest ₹3,000 cr in 13 senior living projects across six cities, eyes Mumbai

Serene Communities, the senior living platform of Columbia Pacific Communities, has announced a 3,000 crore investment to develop 2.5 million sq ft of senior homes across 13 projects in Bengaluru, Chennai, Mysuru, Kochi, Hyderabad, and Pune with apartments priced between 70 lakh to 1.5 crore, Rajagopal G, Director and Group CEO, Serene Communities by Columbia Pacific, told Hindustan Times Real Estate.

For its senior living projects, the company plans to partner with Embassy Group and Gardencity Developers in Bengaluru and has signed four MoUs with Prathima Developers in Hyderabad, and has tied up with Cybercity for projects in Pune.

The expansion will be driven through a mix of organic growth and strategic partnerships with local developers to scale wellness-led senior living communities across urban and emerging hubs. “For Bengaluru, we are partnering up with Embassy Group and Gardencity Developers. For Hyderabad, we have already signed up four MoUs with Prathima Developers, and Cybercity for Pune,” Rajagopal said.

“Each project typically comprises around 150–250 apartments, with about 60% developed as standalone high-rise buildings and the remaining 40% integrated within larger townships. The homes are largely 2–3 BHK units, ranging from approximately 1,000 to 1,250 sq ft,” Rajagopal said.

Among the cities, Bengaluru, Hyderabad, Pune, and Chennai will account for approximately 60 per cent of the total 2600 units under construction at various stages. The apartments are scheduled to be delivered within the next 2 to 3 years, the company stated.