HomeLatestPrimus Senior Living Sells 120 Luxury Flats in Bengaluru for ₹180 Crore...

Primus Senior Living Sells 120 Luxury Flats in Bengaluru for ₹180 Crore Amid Strong Demand

Primus Senior Living Sells 120 Luxury Flats in Bengaluru for ₹180 Crore Amid Strong Demand

Primus Senior Living’s latest project, Primus Darpan, has met with overwhelming success, selling all 120 senior-friendly luxury flats in just two weeks for a total value of over ₹180 crore. The project, located on Kanakapura Road in South Bengaluru, caters specifically to the growing demand for homes designed for elderly individuals seeking independent, community-focused living.

These 120 premium flats, priced between ₹1.1 crore and ₹1.9 crore, are part of a 2.05-acre development, and the project is expected to be completed by 2027. The fast sales reflect a significant shift in the senior living market, where more elderly citizens are embracing modern, comfortable housing that offers safety, convenience, and a focus on well-being.

Adarsh Narahari, Founder and Managing Director of Primus Senior Living, highlighted the change in attitudes among seniors, stating, “The overwhelming response to Primus Darpan reflects a significant shift, as seniors increasingly embrace the concept of independent, community-focused living that prioritizes their lifestyle, well-being, and evolving needs.” Primus Senior Living’s success with Primus Darpan aligns with the growing trend of senior citizens opting for dedicated living spaces that promote community interaction and support. In addition to the Bengaluru project, the company plans to expand, with over 3,500 senior living homes slated for development in cities like Chennai, Mumbai, Pune, Hyderabad, and Kolkata by 2027. This rise in demand for senior living spaces comes amid a broader shift in lifestyle preferences, as older adults seek independence and enhanced quality of life in their later years. With Primus Darpan setting a new benchmark, Primus Senior Living is positioning itself to lead in this rapidly growing segment of the real estate market.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

ITC Hotels Strengthens Rajasthan Hospitality Development Plans

ITC Hotels Strengthens Rajasthan Hospitality Development Plans

ITC Hotels has signed an agreement to develop a Welcomhotel property in Salasar, Rajasthan, marking another investment in hospitality infrastructure within one of the...
Pune Office Leasing Surges With Accenture Expansion

Pune Office Leasing Surges With Accenture Expansion

Technology services company Accenture has leased approximately 3.45 lakh square feet of office space in Pune, reinforcing the city's position as one of India's...
Mumbai Amazon Expands Digital Infrastructure With Powai Land Lease

Mumbai Amazon Expands Digital Infrastructure With Powai Land Lease

Amazon Data Services India Pvt. Ltd. has secured a long-term lease for nearly four acres of land in Powai through a transaction valued at...
Nagpur Luxury Housing Market Draws Fresh Investor Interest

Nagpur Luxury Housing Market Draws Fresh Investor Interest

Infrastructure-led urban growth is strengthening Nagpur's position within India's premium residential market, with improving connectivity, industrial investment and planned urban expansion encouraging greater interest...
India Specialty Fertilisers Rules Impact Farmers

India Specialty Fertilisers Rules Impact Farmers

Concerns over the retail sale of specialty fertilisers have intensified after industry representatives urged policymakers to review marketing practices that they say are limiting...