Hiranandani Launches ₹300-Crore Senior-Living Community in Chennai
Hiranandani Communities has launched a dedicated 1-million-sq-ft retirement community in Oragadam, Chennai, marking a significant step into the senior-living housing segment. The project, named Elements at Hiranandani Parks, will cater to India’s growing senior population with a focus on wellness and community living.
SeniorlivingRealestateHiranandaniChennaiOragadamReal Estate NewsNov 11, 2025
The project, named Elements at Hiranandani Parks, will be developed in partnership with GTB Urban Developers and marks the Niranjan Hiranandani–led group’s first foray into curated senior-living. Spread across 4.5 acres within the 360-acre Hiranandani Parks township, the development will comprise 400 units across two phases, each a 700-sq-ft, 2-BHK home priced from ₹60 lakh, targeting affluent, independent seniors.
The overall project value is ₹300 crore. “The launch marks a pioneering collaboration… aimed at creating a world-class, wellness-driven ecosystem tailored for senior citizens,” said Dr Niranjan Hiranandani, Founder & Chairman, Hiranandani Communities. He said the project will integrate holistic wellness and community living, on-site medical support, and assisted-living services.
The development will also feature hospitality-style facilities, including recreation, fitness, and social engagement programs, as well as a secure, seniors-first mobility and design ecosystem. “Our township pegs a topline revenue of ₹4,000 crore, with nearly 100 acres planned for development aligned with Oragadam’s strong growth trajectory over the next five years,” he added.
Once known primarily as Chennai’s automotive belt, Oragadam has rapidly evolved into a diversified industrial and residential hub, home to 22+ Fortune 500 companies and major industrial estates. Key catalysts include the ₹300-crore Oragadam Industrial Corridor Road, SIPCOT industrial estate expansion, Padappai & SP Koil flyovers improving connectivity, and the upcoming Chennai Peripheral Ring Road, boosting access to ports and the airport. Rapid diversification into IT, electronics, renewables, logistics, and R&D has made Oragadam one of Chennai’s most promising housing corridors, attracting professionals, MSMEs, and long-term real-estate investors.
“This partnership exemplifies the power of synergy. It brings together the scale of Hiranandani and the detail of GTB,” said Bharat Doshi, Chairman, GTB Urban Developers. “Elements will be one of the finest retirement communities in the country, blending community living with tech-enabled modern care,” added Arun Bharathi, Managing Director, GTB Urban Developers.
Hiranandani Parks already offers 1,500 delivered apartments, 55 acres of plotted development, 65,000 sq ft of operational retail, and luxury rental yields up to 7%, among Chennai’s highest. The township also provides access to healthcare, education, worship, sports, and retail, with walkable, sustainable township planning. The next 100-acre phase will include premium apartments, villas, plots, and commercial components, expanding the township's appeal across life stages.
India’s senior-living opportunity is significant, with the senior population projected to reach 194 million by 2031. Senior-living is emerging as a major growth asset class but remains under-supplied. Affluent retirees increasingly prefer secure, managed communities, on-site healthcare support, wellness and active-living programs, social engagement over isolation, and low-maintenance, plug-and-play homes. Following Oragadam, Hiranandani says Panvel and Powai are being evaluated for future senior-living developments, potentially bringing the concept to Mumbai and Navi Mumbai’s premium markets.
As wealthier Indians plan for healthier, more purposeful retirement years and as family structures shift, senior-living is transitioning from niche to mainstream. With India’s senior population projected to reach 194 million by 2031, the senior-living segment represents a high-growth, under-penetrated real estate opportunity. “Combining Hiranandani’s legacy of integrated township planning with the rising demand for wellness-oriented living, Elements at Hiranandani Parks is poised to redefine Chennai’s real estate landscape,” the company said in a statement.
Frequently Asked Questions
What is the name of the new senior-living project in Chennai?
The new senior-living project in Chennai is named Elements at Hiranandani Parks.
How many units will Elements at Hiranandani Parks have?
Elements at Hiranandani Parks will have 400 units across two phases.
What is the total project value of Elements at Hiranandani Parks?
The total project value of Elements at Hiranandani Parks is ₹300 crore.
What are the key features of the senior-living community?
Key features include holistic wellness and community living, on-site medical support, assisted-living services, recreation, fitness, and social engagement programs, and a secure, seniors-first mobility and design ecosystem.
Why is Oragadam chosen for this project?
Oragadam is chosen for its rapid evolution into a diversified industrial and residential hub, with key infrastructure developments and a promising growth trajectory.
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