(From left) N. Shridhar, CEO, Greenbase Industrial and Logistics Park; Niranjan Hiranandani, CMD, Hiranandani Group; Bharat Doshi, Chairman, GTB Urban Developers and Arun Bharathi, MD, GTB Urban Developers, at an interview to reveal that Hiranandani Group will introduce Senior Living at Integrated Township Hiranandani Parks, Oragadam with GTB Developers.|Image Credit: BIJOY GHOSH
Neighborhoods, a Niranjan Hiranandani Group effort, on Tuesday, revealed its entry into the emerging possession class of premium senior living with the launch of ‘Elements’ at Hiranandani Parks, Oragadam, an incorporated area in Chennai. This remains in collaboration with Elements Active of the Chennai-based GTB Urban Developers.
Spread throughout 4.5 acres with an advancement capacity of 1 million sq feet, the job will include 400 homes, to be established in 2 stages. Each house will be developed in 2 BHK systems of roughly 700 sq feet, and priced from 60 lakh onwards.
The general task worth is approximated at 300 crore, stated Niranjan Hiranandani, Founder & & Chairman, Hiranandani Communities.
The Oragadam incorporated task includes domestic, commercial, plot advancement and retail, and senior living was the missing out on link, which is being resolved with this, he informed newspersons. “We are signing up with hands with Elements Active, which has proficiency in the senior home,” he included.
Arun Bharathi, Managing Director, GTB Urban Developers, stated Elements at Hiranandani Parks will be among the finest retirement home in the nation, mixing neighborhood living with the benefit that innovation needs to provide us for contemporary care. For Elements, this is the seventh job in senior living area, he stated.
Following the Oragadam launch, Hiranandani Communities is likewise checking out Panvel and Powai as future locations for senior dealing with an eye on inclusive, multi-generational neighborhood advancement.
With India’s senior population predicted to reach 194 million by 2031, the senior living section represents a high-growth, under-penetrated property chance, a declaration stated.
Released on November 11, 2025
