Hiranandani Communities has announced its foray into premium senior living with the launch of Elements at Hiranandani Parks, Oragadam. Developed in partnership with GTB Urban Developers, the Rs 300 crore project will span 4.5 acres and deliver 400 thoughtfully designed 2 BHK residences, priced from Rs 60 lakh onwards.
Positioned within South Asia’s largest hi-tech hub, Oragadam, the development integrates assisted living, on-site medical care, wellness programs, and hospitality services—creating a secure, community-driven lifestyle for senior citizens. The township’s broader masterplan includes 100 acres of future development, pegged at Rs 4,000 crore topline revenue.
“Elements will redefine retirement living in India,” said Dr. Niranjan Hiranandani, Founder & Chairman, Hiranandani Communities. “It’s a holistic ecosystem that blends wellness, dignity, and township-scale infrastructure.”
Oragadam’s rise as Chennai’s fastest-growing corridor is backed by Rs 300 crore in industrial road upgrades, SIPCOT expansion, and the upcoming Peripheral Ring Road. With over 22 Fortune 500 companies operating in the region, demand for quality housing is surging—especially among professionals, MSMEs, and investors.
GTB Urban Developers brings precision and care to the partnership. “This is synergy in action,” said Chairman Bharat Doshi. “We’re combining scale with detail to build one of India’s finest retirement communities.”
Hiranandani Parks has already delivered 1,500 apartments, 55 acres of plotted development, and 65,000 sq. ft. of retail. With rental yields touching 7%—among the highest in Chennai—the township is attracting both end-users and investors. The next phase will include villas, commercial zones, and enhanced infrastructure links to ports and airports.
With India’s senior population projected to reach 194 million by 2031, the senior living segment is emerging as a high-growth, under-penetrated opportunity. Hiranandani’s expansion into Panvel and Powai signals a long-term commitment to inclusive, multi-generational urban planning.
