Lancor Holdings Ltd
🏡 Lancor Holdings Expands Portfolio: Senior Living & Urban Projects Drive Growth | Revenue to Hit ₹333 Cr by 2027
- Launched Harmonia Pavilion Senior Living Apartments in Sriperumbudur: 110 units (816-993 sqft) within a 90-acre gated community.
- Expanding with Lancor Ananya (Warren Road), Avighna Residences (Alwarpet), and Temple Town (suburban).
- Track record: 86 completed projects (6M+ sq. ft.) with 3M+ sq. ft. in pipeline.
- Senior living market: Projected to hit ₹64,500 crore by 2030, growing 300%.
- Revenue growth: ₹137.98 Cr (FY24) → ₹186.20 Cr (FY25) → ₹333 Cr (projected FY27).
- Chennai market: Home sales up 7% in H1 2025, 11% in Q2 alone.
- Notable projects: Central Park (Sholinganallur), Atrium (Kalakshetra Road), LEED Platinum-certified Menon Eternity.
- Blue Circle Living: Senior-focused concept emphasizing social connection, fitness, and nutrition.