KREEVA, the luxury real estate arm of Kanodia Group, has announced its strategic entry into multi-generational housing. The company has entered into a joint development arrangement with the landowner for the development of a residential group housing project off Southern Peripheral Road in Gurugram, aligned with its asset-light and partnership-driven growth strategy.

Spread across approximately approx., the development will span 3 acres and feature a built-up area of approximately 5.5 lakh sq. ft. With an estimated investment of ₹350–400 crore, the project is expected to offer approximately 200 residences, thoughtfully designed to serve the aspirations and needs of homebuyers across age groups within a thoughtfully curated and sensitively planned ecosystem offering best in class agglomeration of services. The project is likely to kick start towards the end of Q1 FY27.

Dr. Gautam Kanodia, Founder, KREEVA and Kanodia Group, said, “At KREEVA, we believe the way people live is evolving rapidly. Today’s consumers are seeking environments that offer not just comfort but a deeper sense of connection, independence, and overall well-being. We see a growing need for spaces where families can stay connected across generations, while still maintaining their own individuality and lifestyle preferences. Our approach is to create ecosystems that respond to these evolving expectations—where design, wellness, and community come together in a seamless and meaningful way. This development reflects our belief that the future of housing lies in creating environments that are intuitive, inclusive, and built around how people truly want to live.”

The development aims to create a holistic ecosystem, integrating healthcare access, community engagement, and lifestyle-driven amenities. The project reflects a growing shift in India’s residential landscape, where senior living and multi-generational housing are emerging as a distinct and high-potential asset class, driven by demographic shifts, nuclear family structures, and rising aspirations for independent yet supported living.

Micro market along Southern Peripheral Road in Gurugram continues to witness steady residential traction owing to its strategic connectivity, proximity to key business districts, and evolving social infrastructure. The location offers a balanced urban environment, making it well-suited for a senior living community that prioritises accessibility, safety, and quality of life.