Serene Communities to invest Rs 3,000 crore for pan-India senior living expansion

Bengaluru: Serene Communities, the senior living platform of Columbia Pacific Communities, has announced a Rs 3,000 crore investment to expand its footprint across India, as it bets big on the country’s rapidly growing senior housing market.

The company currently has 13 projects under various stages of development, spanning nearly 2.5 million sq ft across key cities including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune.

The expansion comes amid a structural shift in India’s demographics. With more than 150 million people aged 60 and above today—a number projected to cross 230 million by 2036—demand for professionally managed, community-based senior living solutions is accelerating. Industry estimates peg India’s senior living market at $3.55 billion in 2025, with the segment expected to grow at a compounded annual rate of over 26% to reach nearly $11.6 billion by 2030.


Serene Communities is positioning itself at the centre of this growth by partnering with regional developers to scale wellness-led, lifestyle-focused senior housing projects rather than adopting a standalone development model. Its portfolio includes Serene Canterbury and Serene Amara in Bengaluru, Serene Springs in Chennai in collaboration with TVS Group, and a premium senior living project in Hyderabad’s Shankarpally area developed with Prathima Developers.

In Kerala, the company has tied up with Asset Homes for four senior housing projects focused on active and lifestyle-driven living. In Pune, it is working with Rachna Lifestyle, while in Bengaluru it has partnered with Garden City for a marquee development in Budigere. Additional projects are also planned in Chennai through a collaboration with Cybercity.

“The planned investment marks an important step forward in shaping the future of senior living in India,” said Rajagopal G., co-founder, director and group CEO of Serene Communities by Columbia Pacific. “The country is witnessing rising awareness and demand for quality senior housing. Through our partnerships, we are creating communities that offer not just safety and comfort, but a vibrant and meaningful way of life for seniors,” he added .

Unlike traditional retirement homes, the new generation of senior living developments is increasingly being designed around wellness, preventive healthcare and social engagement. Post-pandemic health consciousness, rising financial independence among retirees and changing family structures have helped push senior living into the mainstream real estate conversation, attracting interest from institutional investors and developers alike.

Serene Communities operates under Lifebridge Group, India’s integrated senior care platform backed by the Manipal Education & Medical Group family office led by Dr Ranjan Pai, along with Columbia Pacific Management, Seattle. The group combines senior living, clinical geriatric care and wellness technology to deliver a continuum of care across different stages of ageing.

Currently, Serene Communities operates 10 senior living communities across India, managing more than 1,700 residential units and providing care to around 2,400 seniors. Its ecosystem is supported by KITES Senior Care, which offers clinical geriatric services across multiple cities, and seniorshield, a connected wellness platform integrating wearable devices, telehealth and preventive healthcare solutions.

With large-scale capital deployment and a partnership-led expansion strategy, Serene Communities aims to consolidate its position as one of India’s leading players in the senior living space, at a time when demographic trends are reshaping long-term residential demand.