# Manasum Senior Living Acquires 164 Units in Signature Global's Gurugram Project for Rs.480 Crore

> Manasum Senior Living acquired all 164 units in a Signature Global Gurugram tower for about Rs.480 crore, its first project in the National Capital Region.

- Published: 2026-10-18T13:48:02+00:00
- Section: Mergers & Acquisitions
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-18/manasum-signature-global-gurugram-units
- Source: [TradingView](https://www.tradingview.com/news/moodys:2d422f2f0778f:0-manasum-senior-living-buys-164-units-in-signature-global-s-gurugram-project/)

## Key takeaways

- Manasum Senior Living acquired all 164 units in a Gurugram tower being developed by Signature Global for around Rs.480 crore.
- The Varishtha tower is part of Signature Global Sarvam, a 14-acre project along Gurugram's Dwarka Expressway, with estimated sales potential of Rs.575 crore.
- Manasum operates around 950 senior living units and targets 10,000 units by 2030, with plans to invest nearly Rs.800 crore and launch more than 25 projects over five years.

Manasum Senior Living has acquired all 164 residential units in a Gurugram tower being developed by Signature Global for around Rs.480 crore, the company said, marking its entry into the National Capital Region. [TradingView](https://www.tradingview.com/news/moodys:2d422f2f0778f:0-manasum-senior-living-buys-164-units-in-signature-global-s-gurugram-project/) carried the announcement. The Bengaluru-based operator of premium retirement communities bought the units in a bulk deal, with each apartment costing around Rs.3.7 crore for the final buyer.

## Manasum's Bulk Purchase in Signature Global Sarvam

The senior living tower, to be branded Varishtha, is part of Signature Global Sarvam, a 14-acre project being developed along Gurugram's Dwarka Expressway. The tower will be developed under a partnership model in which Signature Global manages land and development, including financing and approvals, while Manasum handles sales and marketing and supervises operations after delivery. The project has an estimated sales potential of Rs.575 crore.

Anantharam V. Varayur, co-founder of [Manasum Senior Living](https://akta.pro/company-profiles/00kdaak/manasum-senior-living), said, "Gurugram marks an important step in Manasum's expansion into north India. Our partnership with Signature Global allows us to bring our senior living operating model to the Delhi-NCR market while leveraging the developer's capabilities in project execution. We will focus on the sales and long-term management of the community, including the services and support required for senior residents."

Devender Aggarwal, joint managing director of [Signature Global](https://akta.pro/company-profiles/0000b1w/signature-global), said, "The partnership brings together Signature Global's development capabilities and Manasum's specialized senior living expertise. The collaboration adds a specialized residential offering to the Gurugram market." Varishtha will offer food and beverage services, concierge, housekeeping, 24/7 healthcare support, an ambulance on standby and community engagement activities.

Earlier this month, DLF Ltd said it fully sold out The Aureva in Gurugram's Sector 63 for Rs.1985 crore, its first bet on retirement living. The ground-plus-45 floor tower comprises 172 four-bedroom homes.

## Manasum's Expansion Plans and Funding

According to akta.pro [company records](https://akta.pro/company-data), Manasum Senior Living is a Bengaluru-based developer and operator of luxury senior living communities founded in 2015, running eight projects across six cities. The same records show the company has around 2,500 units currently, expanding to 5,000 by FY27 and 10,000 by 2028, and plans to raise Rs.150-200 crore in the next three months with an aim to go public around 2028.

Manasum co-founder Kushal Ramesh said, "We will expand further in the NCR market. We are getting offers from other developers as well. We are also exploring various spiritual locations which are suitable for senior housing projects. We have announced our project in Tirupati already, and are looking at Ayodhya, Varanasi, Guruvayur, Vrindavan among others." Manasum currently has around 950 operational units, over 1,000 units under development and more than 750 units in the pipeline, and targets 10,000 senior living units by 2030, with plans to invest nearly Rs.800 crore and launch more than 25 projects over the next five years.

## Companies in this story

- [Manasum Senior Living company profile](https://akta.pro/company-profiles/00kdaak/manasum-senior-living) · website: https://www.manasum.com
- [Signature Global company profile](https://akta.pro/company-profiles/0000b1w/signature-global) · website: http://signatureglobal.in

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