Housing project for elderly in Hyderabad : Pragati, Serene tie up

Pragati Group & Serene Retirement Community,  part of Covai  Property, had announced the launch of  Serene Pragati, a speciality villa project that focuses on elderly care. It is proposed to develop 328 affordable  and  yet luxurious villas about 25  km  from Hyderabad  but close to the new international airport and the IT hub of the city.

Colonel A Sridharan, MD, Covai Property Centre (India), , said ‘’This new initiative is part of a series of similar projects they had taken up in other cities. Serene project has been designed keeping in mind the necessities of elderly care. This new project is also aimed at similar approach for people after their retirement life.

Serene Retirement Communities is one of the first to take up the concept of affordable retirement housing in the country with projects in Coimbatore, Chennai  & Puducherry. These new projects are coming up in Mysore, Bangalore and Pune to be launched during the year.

Mr. GBK Rao, MD, Pragati Group of companies, said, “Serene Pragati is in line with the company's efforts to offer quality living for elderly people. Our facility has been chosen to host delegates taking part in the mega Global Biodiversity Conclave to be held in Hyderabad later this year.”

The Serene Pragati  project spread above 35 acres is planned to be completed in 2 phases. The price of each villa ranges from Rs. 25 lakh for a villa with sizes ranging from 608 square feet and going up to 1,900 square feet.

The Pragati Group & Serene Retirement Community are also targeting NRI (non-resident Indian community) who want to take care of parents through such properties.

All properties for elderly care come with maintenance and support services. The project, to be completed by 2013, will have modern kitchen with dining facilities.

Photo: 
Mr A. Sridharan (left), MD, Covai Property India , and Mr G.B.K. Rao, CMD Pragati Group of Companies, at the launch of Serene Retirement Community in Hyderabad.

Covai Property Centre (I) Pvt. Ltd. (An ISO 9001:2008 Certified Company)

Head Office:
No.8, Rakavis Square, Rahuman Sait Colony, Sowripalayam Road,
Coimbatore - 641045
Phone: +91- 422 - 6572625, 2312367 , Mobile: 82200 77707 ,  Fax:: 91- 422-2312367

Regional Office:
#9B, 'B Block', Navin's Presidium, No. 103, Nelson Manikkam Road, Aminjikarai,
Chennai – 600029
Phone: +91 44 4901 4040,  Mobile: 82200 99922/33/55
E-mail: info@covaiprop.com

Pragati Offset Pvt. Ltd.
17, Red Hills, Hyderabad - 500004, Andhra Pradesh, India
Tel: +91-40-2338 0000, Fax: +91-40-2339 0230

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