Max Group’s Antara has partnered with a Hyderabad-based real estate firm to develop a senior living project. This collaboration aims to address the growing demand for specialized housing for the elderly, combining Max Group’s expertise in senior living with local real estate insights.
Hyderabad, India – May 31, 2024 – In a strategic move to expand its footprint in the senior living sector, Max Group’s Antara has announced a partnership with a prominent Hyderabad-based real estate firm. This collaboration aims to develop a state-of-the-art senior living project in Hyderabad, catering to the increasing demand for specialized housing solutions for the elderly.
Antara, a subsidiary of Max Group, is well-known for its premium senior living communities that offer a blend of independence, comfort, and care. The new project in Hyderabad will leverage Antara’s extensive expertise in senior living, coupled with the local real estate firm’s deep understanding of the Hyderabad market.
“We are excited to partner with a reputable local real estate developer to bring our vision of senior living to Hyderabad,” said Rajit Mehta, CEO of Antara. “This collaboration allows us to combine our experience in creating world-class senior living spaces with their knowledge of the local market to deliver a truly unique and enriching living experience for seniors.”
The upcoming project will feature a range of amenities designed to meet the specific needs of senior residents, including healthcare facilities, wellness centers, recreational areas, and security features. The community will be designed to promote an active and engaging lifestyle, ensuring that residents can enjoy their golden years with dignity and comfort.
Hyderabad, known for its robust infrastructure and growing real estate market, presents an ideal location for such a development. The city’s senior population is growing, and there is a rising demand for quality senior living options that provide both care and luxury.
“The senior living sector in India is still emerging, but there is immense potential,” commented a spokesperson from the Hyderabad real estate firm. “Our partnership with Antara aims to set a new benchmark in senior living by offering a holistic and premium living experience for the elderly.”
The project is expected to commence construction later this year, with completion targeted within the next three years. This initiative is part of Antara’s broader strategy to expand its presence across India and cater to the evolving needs of the aging population.
In conclusion, the partnership between Max Group’s Antara and a Hyderabad-based real estate firm marks a significant step forward in addressing the needs of the senior population in Hyderabad. By combining expertise and local market insights, the collaboration aims to create a premier senior living community that sets new standards for care and quality in India.
