Ashiana Housing Invests Rs 4 Bn in Chennai Senior Living Project
Real Estate

Ashiana Housing Invests Rs 4 Bn in Chennai Senior Living Project

Ashiana Housing unveils plans for a significant investment of Rs 4 billion in a pioneering senior living project in Chennai. This substantial commitment reflects the company's dedication to providing state-of-the-art and purpose-built residences tailored to meet the specific needs of the elderly population.

The senior living project is envisioned to be a comprehensive and modern development, offering a range of amenities and services designed to enhance the quality of life for senior residents. The Rs 400 crore investment emphasises Ashiana Housing's belief in the potential of the senior living sector and its commitment to delivering exceptional living spaces for the elderly in Chennai.

As the demand for senior living options continues to rise, Ashiana Housing's strategic investment aligns with the evolving needs of the ageing population. The project aims to set new benchmarks in senior living, fostering a vibrant community environment and ensuring that residents have access to a range of facilities that support their well-being.

Ashiana Housing's venture into the senior living space in Chennai signifies not only a business opportunity but also a commitment to creating living spaces that prioritise the comfort, security, and fulfilment of the elderly. The Rs 4 billion investment underscores the company's vision to redefine senior living experiences in Chennai and contribute to the development of purposeful and modern living solutions for the elderly community.

Ashiana Housing unveils plans for a significant investment of Rs 4 billion in a pioneering senior living project in Chennai. This substantial commitment reflects the company's dedication to providing state-of-the-art and purpose-built residences tailored to meet the specific needs of the elderly population. The senior living project is envisioned to be a comprehensive and modern development, offering a range of amenities and services designed to enhance the quality of life for senior residents. The Rs 400 crore investment emphasises Ashiana Housing's belief in the potential of the senior living sector and its commitment to delivering exceptional living spaces for the elderly in Chennai. As the demand for senior living options continues to rise, Ashiana Housing's strategic investment aligns with the evolving needs of the ageing population. The project aims to set new benchmarks in senior living, fostering a vibrant community environment and ensuring that residents have access to a range of facilities that support their well-being. Ashiana Housing's venture into the senior living space in Chennai signifies not only a business opportunity but also a commitment to creating living spaces that prioritise the comfort, security, and fulfilment of the elderly. The Rs 4 billion investment underscores the company's vision to redefine senior living experiences in Chennai and contribute to the development of purposeful and modern living solutions for the elderly community.

Next Story
Infrastructure Transport

India's first urban ropeway in Varanasi; ready by August 2024

India's first urban ropeway in Varanasi, Uttar Pradesh, is scheduled to be completed by August 2024, offering a unique aerial perspective of the city while also reducing travel time. Officially inaugurated on March 24, 2022, by Prime Minister Narendra Modi as part of the 'Pravatmala Pariyojana' National Ropeways Development Programme, this project is advancing rapidly. Phase 1 of the ropeway is estimated to cost Rs 6.45 billion and is expected to be finished by 2025. Substantial progress has been made in implementing the initial phases of public transportation. The 3.7-kilometer ropeway will..

Next Story
Infrastructure Urban

ADB to give $2.6 billion in sovereign lending to India

The Asian Development Bank (ADB) pledged $2.6 billion in sovereign lending to India during 2023 for diverse projects. This financial commitment is directed towards bolstering urban development, facilitating industrial corridor development, advancing power sector reforms, enhancing India's climate resilience, and improving connectivity. Additionally, ADB allocated $23.53 million for technical assistance and $4.1 million in grants under the sovereign portfolio. Furthermore, ADB invested over $1 billion in private sector projects over the preceding year, as stated by the Manila-based multilateral..

Next Story
Infrastructure Transport

Singapore eyes Chabahar Port as Asian trade & transit corridor

Singapore is considering leveraging the Chabahar Port in Iran, managed by India, to establish a trade and transit corridor between Southeast Asia and Central Asia, aiming to access the resource-rich Eurasia. This move highlights Singapore's interest in accessing the Eurasian Economic Union (EAEU) market through the Chabahar port, which serves as a pivotal link between Southeast Asia and Central Asia. The President of Kazakhstan's recent visit to Singapore further underscored discussions on enhancing trade and transit corridors, emphasising the strategic importance of Chabahar in facilitating c..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram