Manasum Homes to Invest ₹150 Cr in  Senior Living Project

New Delhi, August 14, 2025: Bengaluru-based Manasum Homes, a specialist in senior living, is scaling its operations across south India with an investment of over INR 150 crore.

The company is developing more than 450 senior living units in Bengaluru, Tirupati and Mysuru through a mix of joint ventures and standalone initiatives. The strategic expansion builds on the success of its existing communities in Bengaluru and Goa, totalling over 1,000-plus units, which have been well received by the growing population of retirees, seeking independent, wellness-led living. 
 
Founded by Anantharam V Varayur, Sumathy Anantharam and Kushal Ramesh, Manasum Homes began its journey in the senior housing sector with its first project in Bengaluru. Since then, the company has grown steadily, creating a reputation for thoughtfully designed, care-integrated living spaces for the elderly. 

Among its operational communities, Manasum Avighna in south Bengaluru comprises 110 units of 1 BHK apartments located in Jigani. The community includes landscaped gardens, a clubhouse, a fitness centre and 24/7 security.

“At Manasum Avighna, we’ve incorporated a thoughtful courtyard design that allows residents to connect. The presence of a Ganesha temple in each project adds a touch of spirituality, creating a harmonious blend of physical and emotional well-being,” said Varayur.

In north Bengaluru, Manasum Banyan, within the 13-acre Godrej Royale Woods township in Devanahalli, features 191 senior-friendly residences. The project is designed around wellness and nature with more than 46 amenities, including a clubhouse, a swimming pool and a healthcare zone set amid a dense green cover of over 1,000 trees.

In Western India, Ikigai Goa, developed in collaboration with Prescon Homes, is a 7.5-acre senior living retreat near Panjim featuring 240 fully serviced residences, a 35,000 sq ft clubhouse, health and wellness facilities and resort-style recreational zones. 

Building on this established portfolio, Manasum Homes is now expanding into three additional south Indian markets. In Bengaluru, the company has partnered with Tata Value Homes and developed RIVA, a premium ready-to-move-in senior living block nestled within the 25-acre New Haven township on Tumkur Road. The project features 187 ready-to-move-in units and includes wellness amenities such as a temperature-controlled pool, spa zones and green corridors for walking and community engagement. 
 
“In Tirupati, we are introducing the temple city’s first dedicated senior living development in collaboration with Vasundhara Constructions (Theme Ambience, Hyderabad),” said Ramesh.

“Spread over four acres, the project will offer 100 units for senior living out of a 300-unit residential project and a 20,000 sq ft clubhouse tailored to the social, spiritual and recreational needs of the elderly.”

Meanwhile, in Mysuru, a partnership with Foundations Developers & Promoters has resulted in what is set to be the city’s largest exclusive senior living community. Located on a two-acre parcel, the project will offer over 180 residences and include a temple, landscaped gardens and wellness-oriented amenities, such as a swimming pool. 
 
According to a joint report by JLL and the Association of Senior Living India, south Indian cities—particularly Chennai, Coimbatore and Bengaluru—have emerged as epicentres of the senior living market, accounting for nearly 60 per cent of the total 20,000 housing units available in the segment.

This compares to 20 per cent in north India, 16 per cent in the west and just 4 per cent in the East. Manasum’s expansion strategy is directly aligned with this trend with a focus on Tier 1 and spiritually significant Tier 2 cities that offer a balanced environment for ageing. 
 
With India’s senior population projected to exceed 250 million by 2030, demand for organised, secure and wellness-focused senior living continues to grow. Manasum Homes aims to be at the forefront of this shift, offering not just residences but comprehensive ecosystems where seniors can lead independent, dignified and socially connected lives.

By blending healthcare access, curated daily engagement and a strong sense of community, the company is positioning itself as a category leader in one of India’s most nascent but promising real estate segments.