April 7, 2026 |
Kreeva, the luxury real estate arm of Kanodia Group, has entered into a join venture to develop a multi-generational housing project
The development will span 3 acres and feature a built-up area of approximately 5.5 lakh sq. ft. With an estimated investment of Rs 350–400 crore, the project is expected to offer approximately 200 residences, of which few will be dedicated for senior living.
“We see a growing need for spaces where families can stay connected across generations, while still maintaining their own individuality and lifestyle preferences. Our approach is to create ecosystems that respond to these evolving expectations—where design, wellness, and community come together in a seamless and meaningful way,” said Gautam Kanodia, Founder, KREEVA and Kanodia Group.
The project reflects a growing shift in India’s residential landscape, where senior living and multi-generational housing are emerging as a distinct and high-potential asset class, driven by demographic shifts, nuclear family structures, and rising aspirations for independent yet supported living.
Micro market along Southern Peripheral Road in Gurugram continues to witness steady residential traction owing to its strategic connectivity, proximity to key business districts, and evolving social infrastructure.
Source – Economic Times
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