Lancor expands portfolio with senior living, premium urban homes, and strategic suburban growth

Lancor Holdings Ltd has launched Harmonia Pavilion Senior Living Apartments, a part of a 90-acre gated community in Sriperumbudur. The project, designed for active retirees, consists of 110 apartments in 44,000 sqft. of approved land. The Indian real estate sector shows a significant shortfall in affordable and mid-income housing, with Chennai's housing market showing strong growth. The senior living segment also represents a significant opportunity, with the population aged 60+ projected to approach 190-195 million by 2030. Lancor, with decades of experience in community building, sees a strong opportunity to create thoughtfully planned spaces through the concept of 'Blue Circle Living' that help seniors live healthier, happier, and longer lives.