India, Nov. 26 -- Serene Communities, the senior living brand of Columbia Pacific, plans to launch around 3,000 senior homes across 13 projects in Bengaluru, Chennai, Mysuru, Pune, Kochi, Coimbatore and Hyderabad within the current fiscal, backed by an investment of about Rs.2,500 crore, Co-founder and CEO Rajagopal G told Hindustan Times Real Estate.

Another Rs.1,000 crore will be deployed the following year as the firm accelerates its expansion across southern and western India by adding over 1250 senior homes to the development pipeline. The upcoming projects will feature senior homes priced between Rs.60 lakh and Rs.1 crore.

"We currently operate 10 senior living communities with around 1,700 units. We plan to expand primarily throu...