Manasum Senior Living and Signature Global to Develop Rs 575 Crore Senior Living Project in Gurugram

Senior living project
Manasum Senior Living has partnered with Signature Global to develop a 164-unit senior living project in Gurugram, marking Manasum’s entry into the Delhi-NCR market. The project, named Manasum Varishta, has an estimated sales potential of Rs 575 crore.

Located within Signature Global Sarvam at DXP Estates in Sector 37D, Gurugram, the project will comprise 164 three-bedroom apartments. The residences will be available in two configurations of 1,815 sq ft and 1,840 sq ft, with an expected price of approximately Rs 3.7 crore per unit.

Under the partnership model, Signature Global will oversee land, development and construction, including project financing, approvals and liaisoning. Manasum Senior Living will manage the marketing and sales of the residences, as well as senior living operations and services after handover.

Manasum Varishta forms part of a 14-acre development with an overall development area of approximately 3.6 million sq ft. The construction contract has been awarded, and work is expected to commence within a month. The companies are targeting sales closure within 12–18 months, while handover is expected in around 48 months.

The project’s senior living services will include food and beverage facilities, concierge services, housekeeping, 24/7 healthcare support, an ambulance on standby and round-the-clock community engagement activities.

The partnership brings together Signature Global’s real estate development capabilities and Manasum’s specialised senior living expertise to address demand for organised senior living communities in the Gurugram market.