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
- Advertisment -spot_img

Most Popular

Recent Comments

Bengalurus BBMP Registers Rs2881 Crore in Property Tax Collection in Just 3 Months

Bengalurus BBMP Registers Rs2881 Crore in Property Tax Collection in Just 3 Months

0
Bengaluru has witnessed a remarkable civic revenue milestone with the Bruhat Bengaluru Mahanagara Palike (BBMP) announcing a record-breaking collection of ₹2,881 crore in property...
Adani Wins Mumbai NCLT Approval for HDIL Asset Purchase

Adani Wins Mumbai NCLT Approval for HDIL Asset Purchase

0
The National Company Law Tribunal’s Mumbai bench has approved Adani Properties’ acquisition of two key assets belonging to the long-insolvent Housing Development and Infrastructure...
Bengaluru BBMP To Serve Tax Notices To 5 Lakh Properties For Evasion

Bengaluru BBMP To Serve Tax Notices To 5 Lakh Properties For Evasion

0
Bengaluru’s civic authority is preparing to issue tax evasion notices to nearly 5 lakh property owners after identifying large-scale underreporting through its self-assessment scheme....
Pune PCMC Sets Record With ₹522 Crore Property Tax In Just 90 Days

Pune PCMC Sets Record With ₹522 Crore Property Tax In Just 90 Days

0
Pune’s Pimpri Chinchwad Municipal Corporation (PCMC) has collected an unprecedented ₹522 crore in property tax in the first 90 days of the 2025–26 financial...
MUCC and Kitakyushu Partner on Carbon Recycling for Cement Under METI Grant

MUCC and Kitakyushu Partner on Carbon Recycling for Cement Under METI Grant

0
Mitsubishi UBE Cement Corporation (MUCC) has initiated a pilot carbon recycling project at its Kyushu plant in Kitakyushu, backed by Japan’s Ministry of Economy,...