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

01 Dec 2025 CW Team

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.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

Infrastructure Transport

05 Dec 2025

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

Infrastructure Urban

05 Dec 2025

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..