Leveraging Success in Bengaluru and Goa to Launch 450+ New Units in Bengaluru, Tirupati, and Mysuru
Bengaluru, June 27, 2025 — Bengaluru-based senior living specialist Manasum Homes has announced a ₹150 crore investment to expand its presence across South India. The company is launching over 450 new senior living units in Bengaluru, Tirupati, and Mysuru, driven by the success of its existing communities in Bengaluru and Goa, which collectively exceed 1,000 units.
Legacy of Thoughtful Senior Living
Co-founded by Anantharam V Varayur, Sumathy Anantharam, and Kushal Ramesh, Manasum Homes began its journey in Bengaluru and has steadily built a reputation for care-integrated, wellness-driven communities tailored to India’s ageing population.
Flagship Projects: A Track Record of Success
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Manasum Avighna, South Bengaluru
Located in Jigani, this community features 110 one-BHK units, a clubhouse, fitness centre, and landscaped gardens. A unique courtyard design fosters social connection among residents, complemented by a Ganesha temple for spiritual well-being.“We’ve created spaces where emotional and physical wellness go hand in hand,” says Mr. Anantharam V Varayur.
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Manasum Banyan, North Bengaluru
Situated within Godrej Royale Woods, Devanahalli, this 13-acre project includes 191 senior-friendly homes, set among 1,000+ trees and 46+ amenities such as a wellness zone, swimming pool, and healthcare facilities. -
Ikigai Goa (in collaboration with Prescon Homes)
A 7.5-acre retreat near Panjim featuring 240 serviced residences, a 35,000 sq. ft. clubhouse, wellness zones, and resort-style leisure spaces.
New Projects: Expanding Across South India
RIVA, Bengaluru — In Collaboration with Tata Value Homes
Nestled within the 25-acre New Haven township on Tumkur Road, RIVA offers 187 ready-to-move-in senior living homes. This premium block features a temperature-controlled pool, spa, and green corridors to encourage wellness and community interaction.
Temple Town @ Tirupati — A First for the Temple City
Partnering with Vasundhara Constructions (Theme Ambience, Hyderabad), Manasum is launching Tirupati’s first dedicated senior living development. Spread across four acres, the project includes 100 senior living homes within a 300-unit mixed-use layout, alongside a 20,000 sq. ft. clubhouse focused on the spiritual and recreational needs of seniors.
“Tirupati’s cultural significance and connectivity make it ideal for senior living,” said Mr. Kushal Ramesh.
Mysuru — Largest Senior Living Community in the City
In partnership with Foundations Developers & Promoters, Manasum is building Mysuru’s largest exclusive senior living project. The two-acre site will feature over 180 residences, a temple, landscaped gardens, and wellness amenities, including a swimming pool. Foundations Developers bring 30 years of Mysuru development expertise to the collaboration.
Tapping into a Growing Market
A joint report by JLL and the Association of Senior Living India (ASLI) highlights that 60% of India’s senior housing inventory is concentrated in South India—mainly in Chennai, Coimbatore, and Bengaluru. In comparison, the North accounts for 20%, the West for 16%, and the East only 4%. Manasum’s strategy directly reflects this market trend, focusing on Tier-1 metros and spiritually significant Tier-2 cities.
Looking Ahead: Redefining Ageing in India
With India’s senior population projected to surpass 250 million by 2030, the demand for organized, wellness-focused senior living is accelerating. Manasum Homes seeks to meet this demand with more than just housing—offering holistic ecosystems that promote independence, dignity, and social connection.
By integrating healthcare access, curated engagement programs, and a strong sense of community, Manasum is positioning itself as a category leader in one of India’s most promising yet underdeveloped real estate sectors.
