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Serene Communities, the senior living platform of Columbia Pacific Communities, has announced plans to invest INR 3,000 crore to develop approximately 2.5 million sq ft of senior housing across 13 projects in six Indian cities, including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune, with apartments expected to be priced between INR 70 lakh and INR 1.5 crore, according to company leadership. The expansion is being propelled through strategic partnerships with regional developers such as Embassy Group and Gardencity in Bengaluru, Prathima Developers in Hyderabad and Cybercity in Pune, signalling a collaborative model rather than standalone development. Serene Communities is also exploring entry into the Mumbai market, particularly in the New Mumbai belt near Vashi-Panvel and Thane, where land economics are more favourable. The initiative reflects growing demand for professionally managed, community-oriented senior living solutions as India's elderly population expands and lifestyles evolve.
Serene Communities, the senior living arm of Columbia Pacific Communities, has unveiled an ambitious expansion plan that will see an investment of INR 3,000 crore to build senior housing communities across six major Indian cities. The company aims to deliver around 2.5 million sq ft of senior housing through 13 distinct projects in Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune, with unit prices generally ranging from INR 70 lakh to INR 1.5 crore, according to statements from Rajagopal G, Director and Group CEO of Serene Communities. Advertisement
Unlike traditional retirement homes, these developments are being designed to cater to active, independent older adults seeking community-oriented living with amenities and wellness-focused facilities while also providing options for assisted care where needed. The projects will typically feature apartments of approximately 1,000 -1,250 sq ft, primarily configured as two- and three-bedroom homes, and will be developed through a mix of high-rise standalone buildings and integrated communities within larger townships.
Strategic partnerships with established regional developers form a core part of the expansion strategy. In Bengaluru, Serene Communities is working with Embassy Group and Gardencity Developers, while in Hyderabad, multiple memoranda of understanding have been signed with Prathima Developers. For Pune, collaborations such as those with Cybercity are underway. These alliances are intended to leverage local market knowledge and development capabilities, enabling Serene Communities to scale quickly and efficiently across diverse geographies.
The company is also evaluating a foray into the Mumbai market, historically constrained by high land costs, by targeting opportunities around the Vashi-Panvel belt and Thane, where real estate prices are more accessible. The management has indicated that identifying suitable development partners will be crucial for successful entry into the region.
The senior living sector in India is witnessing rising awareness and demand as demographic shifts boost the population of adults aged 60 and above. Organised, community-centric housing models that blend residential options with wellness, social engagement and healthcare support are increasingly appealing to retirees and their families. Serene Communities large-scale investment underscores the sector's growth potential and positions the company as a significant participant in building professionally managed senior living ecosystems across key Indian urban centres.
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