Bengaluru, which is one of the fastest growing residential markets, is seeing a premium senior living community in Budigere. Serene Communities, India's leading senior living brands and Gardencity Realty Pvt. Ltd have tied up to jointly develop a senior living project. 

This project has a saleable area of around 3 lakh sq ft and a Gross Development Value (GDV) of about Rs. 300 crore, making Serene Communities expand its footprint for senior living projects.

With the launch of this senior living project in Budigere, Serene Communities aims to broaden its national expansion strategy. The company has 11 new projects under development with its cumulative investment of Rs. 2,500 crore, adding 3,000 senior living homes under its current portfolio of 1,700 operational homes.

In the next three to five years, the company expects to invest around Rs. 500 crore for senior living development projects in Bengaluru itself. Due to its growing presence in the retirement housing projects, Serene Communities is focusing on broadening its portfolio for premium senior living developments.

• The project is situated near The Virtuoso, a renowned senior living community, with apartment configurations of premium 2BHK and 3BHK units. It will offer 250 homes in total with the prices ranging from Rs. 80 lakh.
• Once the approvals are in place within six months, the firm will begin with its sales and construction process.
• To help the residents lead a comfortable lifestyle, the project will offer access to multiple lifestyle amenities.
• Due to its strategic location, this project will enjoy seamless connectivity to other major areas such as proximity to IT parks, easy access to Kempegowda International Airport and closeness to several infrastructure facilities such as healthcare facilities, retail hubs and entertainment options.

Serene Communities aims to provide a premium lifestyle filled with convenience and easy access to lifestyle amenities, which results in leading a positive and independent living experience. These premium lifestyle amenities include:

• Senior-friendly fitness zones
• Library
• Clubhouse
• Therapy gardens
• Dining and activity areas
• Spa
• Physiotherapy suites
• Swimming pool
• 24×7 health and wellness centre
• Landscaped gardens
• Walking and cycling tracks
• Spaces for outdoor activities

Rajagopal G., Co-Founder, Director & Group CEO of Serene Communities by Columbia Pacific said that Budigere in Bengaluru continues to be an attractive location for senior living communities due to the area's strong infrastructure and a balanced social ecosystem. Furthermore, the area exudes excellent connectivity to social amenities such as healthcare facilities, pharmacies and retail hubs. These factors make Budigere an appealing place for the senior citizens who prefer a peaceful living environment.

Rajagopal G. further said that the tie-up between Serene Communities and Gardencity Realty is built on their shared values for building senior living communities that provide access to both premium amenities and a comfortable lifestyle.

The Managing Director of Gardencity Realty, Kuttu Muralikrishnan, said this partnership is further strengthened because of the strong results for the senior living development project during their previous tie-up in Chennai. Ashish Bhasin, the CEO of Gardencity Realty revealed that the company aims to create more such joint projects in collaboration with Serene Communities across other cities that have substantial land banks.

Serene Communities, one of India's largest retirement communities, focuses on creating senior living homes that provide a perfect balance of support and independent living. The goal to build retirement homes for a senior-friendly community and their wellbeing will strengthen with its partnership with Gardencity Realty. With this partnership, their focus is to create residencies that offer thoughtfully designed spaces and enhance senior living homes in India.