Acron Developers plans leased home scheme for senior citizens

Mumbai: The Goa-based Acron Developers announced a special leased home scheme for senior citizens, which offers them a fully-furnished apartment at an affordable rent.

The scheme ‘Vivira Residences’, is a chain of residential communities planned exclusively for independent, senior-living with world-class services and facilities at scenic and tranquil locations across the country, Acron Director, Mr Amar Britto, told reporters here.

“Through this scheme, we want to ensure that senior citizens, who are looking out for a change in their lives, can rent an apartment and stay there as long as they wish, for an affordable rent,” Mr Britto said.

The first set of Vivara homes, set up in north Goa, would be rolled-out in the next few months. The unit would have 52 apartments, Mr Britto said. Senior citizens will have to pay a deposit of Rs 20 lakh for hiring the apartment apart from the rent amount which would be around Rs 8,000 a month. The deposit money would be refunded when their lease period terminates.

The company plans to set up similar units in Coorg, Kerala, Puducherry, Shirdi, Rishikesh, Brindavan, Ban- galore and the outskirts of major cities. “We would be making an investment of about Rs 150-200 crore, spread over three years, for setting up these units on eight locations,” he said. Vivara, which is owned and managed by Acron, has tied-up with international retirement associations.

The property is run in technical collaboration with operators of some of the best retirement properties in Australia, he said.

Source: The Hindu Business LineĀ 

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8 Responses to “Acron Developers plans leased home scheme for senior citizens”


  1. 1 M.Rammurthy Jun 5th, 2010 at 9:19 pm

    Hello!

    Congragulations to you to have decided and started a project for the care and well-being of senior citizens. The scheme details are quite good and I am sure will get very encouraging response fromthe elders who desparately need facilities that you intend to offer. Particularly, I am glad that you plan a projest at Pondicherry,the beautifical cosmopolitan coastal town. With good percentage of literates , retired govt. officials, devotees of Sri Aurobindo from all over the world coming here in search of solace and peace as well as a sizeable French pensioners, your project is a long-felt demand here. Hope you earnestly start work and get the homes ready soon. Wishing your project all success and hope the benefits reach the needy elders here.

  2. 2 chandrakant r shah Jun 6th, 2010 at 10:53 am

    helllo….thanks for the info…..this is a very nice concept…..would like to know from acron do they have any plans for leased homes in gujarat..if so can they pl e-mail me the info….thanks….

  3. 3 Prof.Jayshree Mathur Jun 15th, 2010 at 3:01 am

    good venture would like to be kept posted on the venture

  4. 4 narayanan s Jul 2nd, 2010 at 2:19 am

    I am interested in your retirement community (Sr. Citizens homes) in south india - particularly in and around chennai, coimbatore and bangalore
    regards

  5. 5 Ashok R Shiroor Jul 2nd, 2010 at 5:23 am

    Dear Acron Developers,

    Please note that i would be interested in the scheme for housing i mean an economy class for senior citizens in and around Bangalore, Goa or Mangalore.
    Kindly include me as a member and drop me an email with all the details of the project.

    Thanks and regards,

    Ashok Shiroor
    97150 8034267

  6. 6 Ashok R Shiroor Jul 2nd, 2010 at 5:26 am

    Dear Acron,

    Please note that iwill be interested in your project for senior citizens housing scheme in south like Bangalore, Msore, Goa or Mangalore.

    Please send me brochures and schemes which you may have.

    Thanks and regards,

    Ashok Shiroor
    97150 8034267

  7. 7 Vijaya Rao Jul 2nd, 2010 at 10:02 pm

    I would be interested in your retirement homes for senior citizens in Bangalore. Please could you provide me with office phone no. and the person to contact. Thank you.

  8. 8 Josephine P. Paulraj Aug 9th, 2010 at 5:18 pm

    Can you send me the details about the senior homes in Pondicherry?

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