Manasum Senior Living Targets 10,000 Units By 2030 In Major Pan-India Expansion
New Delhi, June 26, 2026: Senior housing developer Manasum Senior Living has announced an ambitious pan-India expansion strategy, targeting the development of 10,000 senior living units by 2030. As part of its corporate roadmap to expand beyond its established markets in South India, the company intends to launch more than 25 new projects across Tier-I and Tier-II cities over the next five years, backed by a planned investment of nearly ₹800 crore. The firm currently manages 950 operational units, with more than 1,000 units under active development and over 750 units in its immediate project pipeline, Manasum Senior Living said in a press release.
The company’s geographic expansion will focus on major metropolitan hubs including Bengaluru, Chennai, Ahmedabad, Hyderabad, Kochi, Mumbai, Pune, Kolkata, and Gurugram, alongside key Tier-II cities such as Mysuru, Mangaluru, Hubballi-Dharwad, Coimbatore, Lucknow, Chandigarh, Indore, and Jaipur. More than 50 percent of the planned expansion will occur in existing operational territories, while the remainder will drive entry into new regional markets. Company officials stated that future growth will be funded via a mix of equity and debt, with projects currently under planning and evaluation representing an estimated development value of around ₹5,000 crore. Beyond conventional communities, Manasum is also evaluating short-stay hospitality formats in prominent spiritual destinations such as Varanasi, Ayodhya, Vrindavan, Haridwar, Madurai, Kumbakonam, Guruvayur, and Sringeri.
The demographic shift in India’s aging population serves as the primary catalyst for this nationwide rollout, with the country’s population aged 60 and above projected to rise from 149 million in 2022 to 347 million by 2050. Addressing the company’s growth plans, Anantharam V. Varayur, Co-Founder, Manasum Senior Living, said, “As India moves towards a future with more than 346 million seniors, the need for purpose-built senior living communities will only become more urgent. The challenge is no longer whether India will age, but whether it will age well.” He added that Manasum’s core vision is to ensure growing older is viewed as a stage of life filled with possibility, purpose, and community, rather than a compromise.
In addition to expanding its real estate footprint, the company aims to establish a broader socio-economic impact through job creation and specialized training infrastructure. Sumanthy Anantharam, Co-Founder, Manasum Senior Living, said the company aims to create a comprehensive senior living ecosystem rather than operate as a single-vertical business. “Our focus is not limited to developing senior living communities. We are building an ecosystem that integrates housing, care, services and support infrastructure. As we scale nationally, we expect this ecosystem to create more than 5,000 employment opportunities, particularly in rural India,” she said.
To sustain this growth and maintain operational standards across its expanding portfolio, the company plans to directly address the domestic talent deficit in elder care services. Highlighting the need for skilled manpower in the sector, Kushal Ramesh, Co-Founder, Manasum Senior Living, said, there is a significant shortage of trained professionals in the elder care industry. “To address this gap, we plan to establish a caregiver academy that will train and support caregivers not only for Manasum’s communities but also for the wider senior care industry,” he said.
