Stonecraft Group Announces Entry into Assisted Living (Senior Living Housing)
Kirthi
Chilukuri, MD & Founder, Stonecraft Group
Stonecraft Group, a leading integrated biophilic real estate developer, has announced its entry into Assisted Living (senior living) with its first Luxury/Premium assisted living project in Hyderabad. This project is envisioned as largest and most luxurious/premium senior living project in Hyderabad. Strategically located in Yadagirigutta, Hyderabad the development will offer state-of-the-art villas equipped with senior-focused amenities, improving the standards of comfort and care for senior citizens.
According to a report of
JLL, with over 0.1 billion seniors in India currently—a number projected to
triple by 2050—the demand for senior living solutions is growing exponentially.
The sector, supported by an aging population and evolving lifestyle
preferences, has witnessed a rise in acceptance and interest, with Southern
India leading the market, commanding 68% of the nation’s senior living projects
and Hyderabad being one of the most preferred locations.
Yadagirigutta has been
carefully chosen as the site for this project due to its proximity to world-class
medical facilities, including AIIMS, and its spiritual and cultural
significance. Known for its moderate climate and cosmopolitan atmosphere,
Hyderabad offers a uniquely supportive environment for senior living.
Yadagirigutta, surrounded by temples and revered for its spiritual presence,
further enhances the appeal for senior citizens seeking a peaceful and
nurturing community.
Commenting on this
milestone, Kirthi Chilukuri, Founder
& Managing Director of Stonecraft Group, said, “Assisted living has
always been part of our long-term vision. With this project, we aim to redefine
senior living by introducing premium, managed living solutions tailored to the
evolving needs of our aging population. Hyderabad’s exceptional weather,
connectivity, and inclusive culture make it the perfect location for our first
assisted living venture”
The project marks a
significant expansion for Stonecraft Group, adding to its legacy of creating
sustainable and innovative developments. The company has previously delivered
landmark projects such as the world’s first self-sustaining Miyawaki Forest and
Woods Shamshad, along with over 1 million square yards of plotted developments
in Hyderabad.
For further details, please
visit: https://stonecraftgroup.com/