December 25, 2025 |
J Estates Buys 3 Land Parcels in Gurugram for Rs 2,100-cr Senior Living Projects
Realty firm J Estates has bought three land parcels in Gurugram to develop more than 450 homes for the elderly and is expecting a total revenue of around Rs 2,100 crore from these three upcoming projects.
In a statement on Wednesday, the company said it has entered into the senior living housing segment as part of its long-term growth and diversification strategy.
The company is coming up with three premium senior living projects in Gurugram, spread across 8+ acres and comprising around 450 units.
The estimated Gross Development Value (GDV) of these projects in the senior living segment is Rs 2,100 crore, it added.
Commenting on the development, Anil Godara, Founder and Managing Director, J Estates, said, “Senior living is about more than housing; it is about understanding life stages and responding with empathy and responsibility. Our entry into this segment reflects our conviction that seniors deserve thoughtfully designed environments that foster well-being, social connection, and peace of mind.”
He noted that senior living would play an increasingly important role in India’s residential landscape over the coming decade.
J Estates has delivered one commercial project in Gurugram and a plotted development at Hisar, Haryana.
Source : ET
Related Articles
Invest in Signature Global Tonino Lamborghini Residences Gurugram Today
Signature Global Tonino Lamborghini Residences Gurugram is setting a new benchmark in the premium housing segment, bringing together global design […]
Sumitomo-backed Krisumi Corporation launches new phases of housing project in Gurugram, plans ₹4,500 crore investment
Krisumi Corporation, a 50:50 joint venture between Japan’s Sumitomo Corporation and India’s Krishna Group, has launched the fifth and sixth […]
Why planning, not materials, defines modern construction speed
The most important raw material on any construction site is not steel, cement, or glass. It is ‘Planning’. In real estate […]