REG News
Gurugram: Manasum Senior Living has partnered with Signature Global to develop a 164-unit senior living project in Gurugram, marking its entry into the Delhi-NCR market.
The project, Manasum Varishta, has an estimated sales potential of ₹575 crore. Located at Signature Global Sarvam, DXP Estates, Sector 37D, the development will comprise 164 three-bedroom apartments measuring 1,815 sq. ft. and 1,840 sq. ft.
The expected price is around ₹3.7 crore per unit. The project forms part of a 14-acre development with an overall development area of approximately 3.6 million sq. ft. Signature Global will handle land, construction, financing, approvals and project execution.
Manasum will oversee marketing, sales and senior living operations after handover. The construction contract has been awarded, with work expected to begin within a month.
The companies aim to close sales within 12–18 months, while handover is targeted in approximately 48 months. The senior living community will offer food and beverage services, concierge assistance, housekeeping, 24/7 healthcare support, an ambulance on standby and round-the-clock community engagement activities.
Devender Aggarwal, Joint Managing Director of Signature Global, said the partnership combines the developer’s project execution capabilities with Manasum’s specialised senior living expertise.
He added that the project would introduce a specialised residential offering to Gurugram. Anantharam V. Varayur, Co-Founder of Manasum Senior Living, said the project marks an important step in the company’s North India expansion.
He said Manasum would focus on sales and long-term community management, including services and support tailored to senior residents.
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