India, April 10 -- PioneerUrban Land and Infrastructure Ltd has forayed into luxury residential senior living space with the project 'Advait' in Gurugram for which it will be investing close to Rs.300 crore. The project is a joint venture with the J K Organisation, under its real estate arm J K Urbanscapes Developers Ltd, (formerly J K Cotton Ltd), the company said in a statement on April 10.

Advait is the first IGBC platinum-certified project in Haryana to receive a license under the state's retirement policy, with Pioneer JK Senior Living LLP, it said.

The project spans 2.6 acres and is backed by a significant investment of Rs.300 crores in the heart of Gurugram, Advait is under construction and is expected to be inhabited by early 20...