The agreement between Sameera Group and Vedaanta Senior Living outlines plans for real estate projects in Chennai, Bengaluru, and Vellore. This strategic partnership aims to address the growing demand for senior living solutions by providing high-quality, affordable options across southern India.
Real estate developer Sameera Group has announced plans to invest Rs 500 crore over the next five years to establish 1,000 senior living homes across South India. The Chennai-based company has signed a memorandum of understanding with Vedaanta Senior Living to create high-quality senior living communities.
The partnership 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 agreement between Sameera Group and Vedaanta Senior Living outlines plans for real estate projects in Chennai, Bengaluru, and Vellore. The first project is set to be developed in Kancheepuram on a 100-acre plot. This strategic partnership aims to address the growing demand for senior living solutions by providing high-quality, affordable options across southern India.
The joint venture between Sameera Group and Vedaanta Senior Living is wellpositioned to meet this rising demand, offering senior citizens well-designed, comfortable, and affordable living spaces. Sameera Group's investment and partnership with Vedaanta Senior Living represent a significant step forward in the senior living sector in South India. The collaboration aims to leverage both companies' strengths to deliver superior living environments for seniors, catering to their specific needs and enhancing their quality of life.
The first project in Kancheepuram will set the tone for future developments, showcasing the combined expertise of Sameera Group and Vedaanta Senior Living in creating senior communities. With this initiative, the partnership aims to become a leader in the senior living market in South India, ensuring that seniors have access to the best living conditions and care.
