Lancor Expands Portfolio Across Senior Living, Premium Urban Homes & Suburban Growth
Chennai, November 24, 2025: Lancor is entering a major growth phase, expanding into senior living, premium urban residences, and strategic suburban developments. With 86 completed projects spanning over 6 million sq. ft. across four decades, the company is strengthening its leadership through new flagship launches and community-focused concepts. Market Trends: Premium Housing & Senior Living Demand Rising Chennai’s housing market grew steadily in 2025, with home sales up 7% in H1 and new supply largely in the mid-to-luxury segment. Premium launches rose 5% year-on-year. Senior living presents an especially large opportunity, with India’s 60+ population at 160 million in 2025 and set to reach nearly 195 million by 2030. Organised senior living could grow 300% by 2030, touching nearly INR 64,500 crore. Southern states — especially Tamil Nadu — are emerging as hubs for retirement communities, with Chennai’s senior living market expected to grow 25–30% annually. Today’s retirees seek i...