Stonecraft Group Announces Entry into Assisted Living Sector with New Luxury Project in Hyderabad

Hyderabad: Stonecraft Group, a prominent biophilic real estate developer, has revealed its foray into the assisted living sector with a new luxury senior living project in Hyderabad. The project, set to be the largest and most premium of its kind in the city, will be located in Yadagirigutta. The development will feature state-of-the-art villas equipped with senior-focused amenities, offering enhanced comfort and care for elderly residents.

The demand for senior living solutions in India has been rising rapidly, with a recent JLL report projecting the senior population to exceed 0.1 billion and potentially triple by 2050. Southern India, particularly Hyderabad, leads the market, accounting for 68% of the nation’s senior living projects. This growing demand is fueled by an aging population and changing lifestyle preferences.

Yadagirigutta, the chosen site for the project, is renowned for its proximity to world-class medical facilities like AIIMS and its cultural and spiritual significance. The location offers a moderate climate and cosmopolitan atmosphere, making it an ideal environment for senior citizens. Its spiritual ambiance, surrounded by temples, is expected to appeal to seniors seeking a tranquil and nurturing community.

Kirthi Chilukuri, Founder & Managing Director of Stonecraft Group, commented, “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.”

This new project marks a key milestone for Stonecraft Group, further expanding its legacy of creating innovative and sustainable developments. The company is also known for landmark initiatives 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.