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Bengaluru’s Vedaanta Senior Living is set to double its South Indian footprint with an ₹800 crore investment over the next three years, capitalizing on the boom in organized retirement housing. Having deployed ₹450 crore over the last 11 years across 11 active communities (1,000 families), the firm plans to scale to 24 communities serving 2,500 families by 2029. Key capital allocation includes ₹450 crore for Tamil Nadu, ₹200 crore for Kerala, and the balance spread across Karnataka, Telangana, and Andhra Pradesh. To fuel this phase of growth, Vedaanta is actively evaluating external strategic capital.
News by Rahul Yelligetti.
