Hiranandani Launches Rs. 300 Cr Senior Living Project in Chennai

Hiranandani Communities, a Niranjan Hiranandani Group initiative, has announced its entry into the senior living segment with a Rs. 300-crore residential project named Elements, located within Hiranandani Parks in Oragadam, Chennai.

The development will span 4.5 acres, featuring 400 senior-friendly homes across two phases.

The project covers a total built-up area of 1 million sq ft and will offer 2BHK apartments of approximately 700 sq ft, priced from Rs. 60 lakh onwards.

Key Highlights

• Hiranandani launches Rs. 300-crore senior living project “Elements” in Oragadam
• 400 senior-friendly homes in a 4.5-acre integrated township
• Township expected to generate Rs. 4,000 crore revenue in five years

The company has partnered with GTB Urban Developers to co-develop the project, ensuring a blend of comfort, safety, and convenience tailored to senior residents.

GTB Urban Developers chairman Bharat Doshi said the venture combines “the scale of Hiranandani with GTB’s deep focus on detail,” while managing director Arun Bharathi noted that the project aims to set “a new benchmark for retirement communities in India.”

“This collaboration aims to create a world-class, wellness-driven environment tailored for senior citizens,” said Niranjan Hiranandani, founder and chairman, Hiranandani Communities.

Situated in Chennai’s largest industrial and R&D hub, Oragadam has emerged as a high-demand residential corridor, supported by infrastructure growth, including the Rs. 300-crore Industrial Corridor Road and enhanced connectivity via the Padappai and SP Koil flyovers.

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Hiranandani Parks already comprises 1,500 completed apartments, 55 acres of plotted developments, and 65,000 sq ft of retail space. The township’s upcoming phase will include premium residences, villas, commercial hubs, and community infrastructure, expected to generate Rs. 4,000 crore in topline revenue over the next five years.

The company is also exploring future senior living projects in Panvel and Powai, expanding its footprint in India’s evolving senior housing market.