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

Pune Sees Rs 1530 Crore PMAY Loans Sanctioned To Over 10000 Beneficiaries

Pune Sees Rs 1530 Crore PMAY Loans Sanctioned To Over 10000 Beneficiaries

0
Maharashtra is witnessing a significant boost in affordable housing as PNB Housing Finance sanctions over Rs 1,530 crore in loans to more than 10,000...
Mumbai Greenpanel Launches DuroBOIL India Strongest Water Proof Fibreboard Interiors

Mumbai Greenpanel Launches DuroBOIL India Strongest Water Proof Fibreboard Interiors

0
Mumbai — Greenpanel Industries Ltd., India’s leading wood panel manufacturer, has launched DuroBOIL™, the country’s most resilient water-proof high-density fibreboard designed for modern interiors...
https://urbanacres.in/mumbai-secures-b-s-sharma-brookfield-partnership-for-asia-largest-gcc-project/

Mumbai Secures B S Sharma Brookfield Partnership For Asia Largest GCC Project

0
Mumbai is set to host Asia’s largest Global Capability Center (GCC) following a strategic partnership between Brookfield Asset Management Ltd. and industrial leader B....
Rubics Realty Enters Mumbai Luxury Market With Messi Tour Brand Partnership

Rubics Realty Enters Mumbai Luxury Market With Messi Tour Brand Partnership

0
Rubics Realty has made a high-profile entry into Mumbai’s luxury real estate segment, leveraging a strategic partnership with the Lionel Messi G.O.A.T. India Tour...
Bombay HC Instructs SRA , MHADA Ensure Timely Rent Payments To Allottees

Bombay HC Instructs SRA , MHADA Ensure Timely Rent Payments To Allottees

0
The Bombay High Court has issued decisive directives to the Slum Rehabilitation Authority (SRA) and the Maharashtra Housing and Area Development Authority (MHADA) to...