Sameera and Vedaanta to build 1000 Senior Living Homes at an investment of Rs 500 Crores in Tamil Nadu and Karnataka across multiple projects
Over the next five years, the investment will be made across multiple projects to build a million square feet of senior living facilities . Chennai: Renowned real estate developer Sameera Group and Vedaanta Senior Living, one of the country's fastest-growing senior care organizations, signed a Memorandum of Understanding (MOU) in Chennai on May 25, 2024, to invest in a 60 acre township for senior living spaces. This will be invested over 5 years to create around 1000 senior living homes across South India. This strategic partnership brings together Sameera's extensive experience in land development and Vedaanta's deep understanding of the senior care industry. The collaboration aims to create high-quality senior living communities that cater to the growing needs of the elderly population in South India. (L to R) R Jeyakumar, CEO Sameera , PB Anandapadmanabhan, Founder & Mentor, Vedaanta Senior Living; Rahul Sabharwal - Director, Vedaanta Senior Living, M.Jeyakumar, M...