Year-ender 2025: Redevelopment, self-redevelopment and senior living take centre stage in Maharashtra Housing Policy

Maharashtra’s Housing Policy 2025 marked a watershed moment for the state’s real estate sector this year, rolling out wide-ranging reforms focused on redevelopment, self-reliance, and targeted housing support. The policy proposes a separate RERA-like law for redevelopment projects, strongly promotes self-redevelopment, and calls for a statewide housing demand survey to assess current needs across districts. […]

Columbia Pacific’s Serene Communities to launch 3,000 senior homes in the range of ₹60 lakh to ₹1 crore across 7 cities

Serene Communities, the senior living brand of Columbia Pacific, plans to launch around 3,000 senior homes across 13 projects in Bengaluru, Chennai, Mysuru, Pune, Kochi, Coimbatore and Hyderabad within the current fiscal, backed by an investment of about ₹2,500 crore, Co-founder and CEO Rajagopal G told Hindustan Times Real Estate. Serene Communities, the senior living […]

Is Chennai overtaking Pune and Coimbatore in the senior living market?

Once regarded as ‘pensioners’ paradise,’ Coimbatore in Tamil Nadu and Pune in Maharashtra were long seen as two of India’s most attractive senior living destinations, thanks to their salubrious climate, affordability, and established retirement communities. However, real estate experts say that both cities are now facing growing competition from Chennai, which is rapidly emerging as […]

Hiranandani Communities to develop ₹300-cr senior living project in Chennai; Homes priced from ₹60 lakh

Hiranandani Communities, a Niranjan Hiranandani Group initiative, has entered the senior living segment with a ₹300 crore residential project at Hiranandani Parks in Oragadam, Chennai, the company stated in a press release. Hiranandani Communities has forayed into senior living with a ₹300-crore residential project at Hiranandani Parks in Oragadam, Chennai, the company said. (Representational Image) […]

Ashiana Housing launches second phase of senior living project in Chennai; homes priced between ₹75 lakh and ₹1.61 crore

Real estate developer Ashiana Housing Ltd has launched the second phase of its senior living project, Ashiana Vatsalya, spread across 2.73 acres in Chennai. The new phase offers 1BHK, 2BHK, and 3BHK apartments priced between ₹75 lakh and ₹1.61 crore, with possession expected by July 2028, the company said in a regulatory filing. Of the […]