Hiranandani Communities, part of the Niranjan Hiranandani Group, has announced a Rs 300 crore senior living project in Oragadam, Chennai.
The project, named Elements, will span one million sq. ft. and offer 400 senior-friendly homes, including two-BHK units of 700 sq. ft., with prices starting at Rs 60 lakh. Set over 4.5 acres, the development will be built in two phases and is a collaboration with GTB Urban Developers. Located in Chennai’s growing industrial hub, Oragadam, the project aims to provide a wellness-driven environment for senior citizens.
The development is expected to generate a revenue of Rs 4,000 crore over the next five years, contributing to Oragadam's continued growth, supported by recent infrastructure upgrades.