Bengaluru-based senior living specialist Manasum Homes has announced an investment of over ₹150 crore to expand its footprint across South India. The company is developing more than 450 senior living units in Bengaluru, Tirupati, and Mysuru, following the success of its existing communities in Bengaluru and Goa, which collectively offer over 1,000 units.
In Bengaluru, Manasum has partnered with Tata Value Homes for RIVA, a premium senior living block with 187 ready-to-move-in units within the New Haven township on Tumkur Road. In Tirupati, a joint venture with Vasundhara Constructions is introducing the city’s first dedicated senior living enclave, featuring 100 units and a 20,000 sq. ft. clubhouse. Mysuru will see the city’s largest senior-focused residential project, developed with Foundations Developers & Promoters, comprising over 180 units on a two-acre site.
These additions join existing communities such as Manasum Avighna in South Bengaluru, Manasum Banyan in North Bengaluru, and Ikigai Goa near Panjim.
According to a JLL-ASLI report, South India leads the senior living market, accounting for nearly 60% of India’s organized senior housing units. With the senior population set to exceed 250 million by 2030, Manasum Homes is positioning itself as a leader in wellness-centric, independent living for the elderly.