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 independence, wellness, and social lifestyle amenities, shifting away from traditional old-age homes.
Harmonia Pavilion at Town & Country, Sriperumbudur
Lancor has launched Harmonia Pavilion Senior Living Apartments, part of its 90-acre Town & Country township. The five-storey senior living block includes 110 furnished units (816–993 sq. ft.) with community dining, recreation centres, and access to all township amenities.
Sriperumbudur was chosen for its blend of calm surroundings and strong connectivity—supported by industrial hubs, IT parks, improving infrastructure, and the proposed greenfield airport—offering long-term value appreciation.
Blue Circle Living: Wellness-Focused Senior Communities
Town & Country introduces “Blue Circle Living – Mind, Body & Soul,” a design philosophy inspired by global Blue Zones. It emphasizes social engagement, physical wellness, and nutrition to support healthier, longer lives.
The township offers: Senior Living Residences, Family Residences, Luxury Villas
Portfolio Expansion in Chennai
Lancor is also launching premium projects across top city neighbourhoods, including:
- Lancor Ananya, Warren Road
- Lancor Avighna Residences, Alwarpet
- A landmark project in Kalakshetra Colony, Besant Nagar
- Temple Town, a multi-phase plotted development for independent villas
This multi-segment pipeline reinforces Lancor’s presence in both established urban areas and fast-growing suburban corridors.
Strong Financial Performance
Lancor reported revenues of Rs. 137.98 crore in FY 2024, Rs. 186.20 crore in FY 2025, and projects Rs. 333 crore by FY 2027. Upcoming projects add another 3 million sq. ft. to its development pipeline.
A Legacy of Trust
Lancor’s major past developments include Central Park in Sholinganallur, The Atrium on Kalakshetra Road, Menon Eternity (LEED Platinum), and Westminster on R.K. Salai — underscoring its long-standing reputation for quality and execution.
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