Dosti Realty to Invest ₹150 Crore in Senior Living Project in Thane

Mumbai-based developer Dosti Realty has announced plans to invest approximately ₹150 crore in its first dedicated senior living residential project in Thane, marking the company's entry into India's emerging senior housing segment. The developer, well known in the MMR market, has previously launched a redevelopment project in Thane, underscoring its deepening commitment to the city.

The project, named Dosti Primus, will be developed within the developer's large integrated township Dosti West County in Balkum, Thane West. Designed specifically for senior citizens, the development will combine residential apartments with healthcare support, accessibility features and community-focused amenities.

The move reflects the growing demand for purpose-built senior living communities in urban India, driven by demographic changes, rising life expectancy and increasing acceptance of assisted living environments.

Project Overview

The senior living project will form a dedicated residential component within the larger township ecosystem. Integrating senior living within township developments is a growing trend — Indian property developers are increasingly shifting focus to integrate senior living into urban projects, recognising it as a viable and socially impactful residential format.

Housing Configuration and Pricing

The apartments are expected to cater to senior residents seeking independent living within a community environment supported by healthcare and lifestyle amenities. Buyers in this segment should also be aware of the options available for financing their purchase — a comprehensive guide to home loans for senior citizens in India can help families make informed financial decisions.

Senior-Friendly Design Features

The project will include several features tailored for elderly residents to enhance safety, comfort and accessibility. For more inspiration on creating safe living environments, readers can refer to 7 ideas to design homes that are senior citizen friendly and safe.

Key design elements include:

• Barrier-free layouts and wider doorways
• Anti-skid flooring for improved safety
• Grab rails and assisted bathroom fittings
• Motion sensor lighting systems
• Healthcare support and medical assistance
• Wellness and community interaction spaces

These design elements aim to support independent yet assisted living, a concept gaining traction in India's residential market. Maharashtra's regulatory framework is also keeping pace — MahaRERA has taken a pioneering step by drafting guidelines specifically for senior living developments, providing a formal structure for developers and buyers alike. Furthermore, the state has recently slashed stamp duty to ₹1,000 for senior living homes under its new housing policy, making such purchases significantly more affordable. The broader Maharashtra government's forward-thinking housing policy to address future needs of elderly citizens further signals a supportive regulatory environment for this segment.

Thane's Growing Residential Appeal

Thane has emerged as one of the most active housing markets in the Mumbai Metropolitan Region (MMR) due to rapid infrastructure development and expanding township projects.

Several factors contribute to the city's growing appeal:

• Expansion of metro connectivity across the MMR — the Thane Ring Metro could transform urban mobility by 2029, with a trial run of Thane Metro Line 9 already under way.
• Presence of large integrated township developments.
• Proximity to Mumbai while offering relatively larger homes.
• Improving healthcare, retail and social infrastructure, backed by a ₹20,000 crore infrastructure boost for regional connectivity.

These factors make Thane an attractive destination for specialised residential formats such as senior living communities. The Ghodbunder Road corridor in Thane is emerging as an affordable growth corridor with metro connectivity, further expanding the catchment area for projects like Dosti Primus.

Rising Demand for Senior Living in India

India's senior housing sector is gradually evolving as demographic and social trends reshape housing needs. Demand for senior living homes in India is at its peak today, with developers and investors increasingly recognising the category as a distinct and high-potential asset class.

Key growth drivers include:

• Increasing ageing population
• Rising life expectancy
• Growth of nuclear families
• Demand for healthcare-integrated housing environments

As the country's silver economy expands, senior living homes in India represent a significant real estate opportunity for developers. The argument for treating this segment as a national priority is also gaining momentum — making the case for why India must prioritise senior living real estate as an essential sector. Other developers have already staked their claim in this space — Antara and Max Estates have unveiled a pioneering integrated senior living facility in India, and Ashiana Housing has announced a senior living project in Talegaon, Pune, reflecting the sector's widening developer base.

Frequently Asked Questions

What is Dosti Primus?
Dosti Primus is a dedicated senior living residential project being developed by Dosti Realty within the 105-acre Dosti West County township in Balkum, Thane. The project involves a total investment of approximately ₹150 crore and is designed to offer independent living with healthcare support and senior-friendly design features.

What is the price range for apartments in Dosti Primus?
2 BHK apartments in Dosti Primus are priced starting at ₹1.82 crore, while 3 BHK apartments start at ₹2.28 crore onwards.

What makes Dosti Primus suitable for senior citizens?
The project incorporates barrier-free layouts, wider doorways, anti-skid flooring, grab rails, assisted bathroom fittings, motion sensor lighting, and dedicated healthcare and wellness spaces. These features are designed to support independent yet assisted living for elderly residents.

Why is Thane a good location for a senior living project?
Thane offers excellent connectivity to Mumbai, a growing metro network, large integrated townships, and improving healthcare and retail infrastructure. Its relatively lower cost compared to Mumbai's core areas combined with expanding civic amenities makes it an ideal location for senior housing projects.

Is there government support for senior living in Maharashtra?
Yes. Maharashtra has introduced a forward-thinking housing policy addressing the needs of elderly citizens, and has also slashed stamp duty to ₹1,000 for senior living home purchases. MahaRERA has additionally drafted pioneering guidelines specifically for the senior living segment.

Why is senior living gaining popularity in India?
The rise of nuclear families, an ageing population, increasing life expectancy, and growing comfort with assisted and community living formats are all driving demand for senior living homes in India. Developers are recognising this as a significant new residential asset class.

What is the revenue potential of Dosti Primus?
The estimated revenue potential for Dosti Primus is approximately ₹255–260 crore, against a total project investment of ₹150 crore.

News Disclaimer

This article is based on publicly available information and developer announcements. Project specifications, pricing and timelines may change as the development progresses and regulatory approvals are obtained.