Senior Living Solutions in South India Get a Boost as Sameera Group Invests in Chennai

Sameera Group and Vedaanta Senior Living partner to develop 1

Senior LivingReal EstateChennaiBengaluruVelloreSameera GroupVedaanta Senior LivingReal Estate NewsMay 28, 2024

Senior Living Solutions in South India Get a Boost as Sameera Group Invests in Chennai
Real Estate News:Sameera Group, a renowned real estate developer, has announced a significant investment of Rs 500 crore to establish 1,000 senior living homes across South India over the next five years. This strategic partnership with Vedaanta Senior Living aims to address the growing demand for senior living solutions, providing high-quality, affordable options across southern India.

The joint venture combines Sameera Group's extensive experience in land development with Vedaanta's deep understanding of the senior care industry. Sameera Group has a strong track record, having completed over 45 real estate projects in Tamil Nadu and serving more than 100,000 customers.

The first project is set to be developed in Kancheepuram on a 100-acre plot, showcasing the combined expertise of Sameera Group and Vedaanta Senior Living in creating senior communities. This strategic partnership aims to leverage both companies' strengths to deliver superior living environments for seniors, catering to their specific needs and enhancing their quality of life.

Sameera Group is a Chennai-based real estate developer with a strong presence in Tamil Nadu. The company has completed over 45 real estate projects, serving more than 100,000 customers. Vedaanta Senior Living is a senior care industry expert, providing high-quality senior living solutions.

Sameera Group is a leading real estate developer in Tamil Nadu, known for its commitment to quality and customer satisfaction. Vedaanta Senior Living is a pioneer in the senior care industry, dedicated to providing comfortable and affordable living spaces for senior citizens.

Frequently Asked Questions

What is the investment planned by Sameera Group for senior living homes?

Rs 500 crore over the next five years

How many senior living homes will be developed across South India?

1 000

Where will the first project be developed?

Kancheepuram on a 100-acre plot

What is the aim of this strategic partnership?

To address the growing demand for senior living solutions providing high-quality affordable options across southern India

What is the expected outcome of this partnership?

To become a leader in the senior living market in South India ensuring that seniors have access to the best living conditions and care

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