Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.

The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add 3,000 units to its current base of 1,700 operational units. In Bengaluru alone, the company intends to invest nearly Rs 5 billion over the next three to five years on new senior living developments.

Located adjacent to The Virtuoso, a well-established senior living community, the Budigere project will offer 2BHK and 3BHK homes priced from Rs 8 million. Approvals are expected within six months, after which sales and construction will begin. The community will be designed for positive ageing with amenities including a clubhouse, recreational and dining facilities, fitness and physiotherapy spaces, therapy gardens, spa, swimming pool and a 24×7 health and wellness centre. Outdoor areas will feature walking and cycling tracks, landscaped gardens and curated activity zones.

“Budigere has emerged as one of Bengaluru’s most compelling senior living destinations, backed by good infrastructure and a balanced social ecosystem. Our partnership with Gardencity Realty builds on shared values and a common vision of creating high-quality communities for today’s active seniors,” said Rajagopal G., Co-Founder, Director & Group CEO, Serene Communities by Columbia Pacific.

Kuttu Muralikrishnan, Managing Director, Gardencity Realty, said the partnership follows the success of an earlier collaboration in Chennai and combines complementary strengths in development and senior living. Ashish Bhasin, Chief Executive Officer, Gardencity Realty, added that the company is exploring further joint projects across cities where it has substantial land banks.

The partnership reflects Serene Communities’ long-term commitment to shaping senior living in India through purpose-built residences that focus on independence, connection and holistic wellbeing.

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add 3,000 units to its current base of 1,700 operational units. In Bengaluru alone, the company intends to invest nearly Rs 5 billion over the next three to five years on new senior living developments.Located adjacent to The Virtuoso, a well-established senior living community, the Budigere project will offer 2BHK and 3BHK homes priced from Rs 8 million. Approvals are expected within six months, after which sales and construction will begin. The community will be designed for positive ageing with amenities including a clubhouse, recreational and dining facilities, fitness and physiotherapy spaces, therapy gardens, spa, swimming pool and a 24×7 health and wellness centre. Outdoor areas will feature walking and cycling tracks, landscaped gardens and curated activity zones.“Budigere has emerged as one of Bengaluru’s most compelling senior living destinations, backed by good infrastructure and a balanced social ecosystem. Our partnership with Gardencity Realty builds on shared values and a common vision of creating high-quality communities for today’s active seniors,” said Rajagopal G., Co-Founder, Director & Group CEO, Serene Communities by Columbia Pacific.Kuttu Muralikrishnan, Managing Director, Gardencity Realty, said the partnership follows the success of an earlier collaboration in Chennai and combines complementary strengths in development and senior living. Ashish Bhasin, Chief Executive Officer, Gardencity Realty, added that the company is exploring further joint projects across cities where it has substantial land banks.The partnership reflects Serene Communities’ long-term commitment to shaping senior living in India through purpose-built residences that focus on independence, connection and holistic wellbeing.

Next Story
Real Estate

Modon, Related, Panepinto form JV for Harborside 4 in Jersey City

Abu Dhabi-based Modon Holding PSC has formed a joint venture with US real estate major Related Companies and Jersey City-based Panepinto Properties to develop Harborside 4, a 54-storey luxury residential tower on a prime waterfront site in downtown Jersey City, New Jersey.Under the partnership, Modon will hold a majority equity stake alongside Related and Panepinto, marking another step in the group’s strategy to scale and diversify its global real estate portfolio. The project will be developed on one of the last remaining premium waterfront parcels in the city.Designed by Handel Architects..

Next Story
Infrastructure Urban

P+Ex and Post-Tensioning Institute partner to drive sustainability

P+Ex, the Center of Excellence for Concrete Preservation and Service Life Extension, has announced a strategic partnership with the Post-Tensioning Institute (PTI) aimed at advancing sustainability, durability, and resilience in the built environment.The collaboration brings together P+Ex’s expertise in concrete preservation, repair, and service life extension with PTI’s global leadership in post-tensioning technology. Through this alliance, the two organisations will work to advance best practices in durability-focused design for new structures, while also promoting effective repair, reha..

Next Story
Infrastructure Energy

India’s Largest 2,000 MW Subansiri Hydro Project Turns Operational

India’s largest hydropower project, the 2,000 MW Subansiri Lower Hydroelectric Project, has finally become operational with the commissioning of its first unit, marking a major milestone after nearly 20 years of development marked by delays, protests and cost escalation.The 250 MW Unit-2 of the project, located on the Subansiri River at Gerukamukh on the Assam–Arunachal Pradesh border, was virtually inaugurated from New Delhi by Union Minister of Power Manohar Lal Khattar. The event was attended by Pankaj Agarwal, Secretary (Power), and Bhupender Gupta, Chairman and Managing Director, Nati..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App