India, March 6 -- Mumbai-based real estate developer Dosti Realty on March 6 said it will invest close to Rs.150 crore in its first senior living housing project in Thane, near Mumbai, with an expected revenue potential of about Rs.255 crore.

The company said the project is located within its 105-acre integrated township, Dosti West County, in Balkum, Thane.

Dosti Realty has partnered with Primus Senior Living for the project, named Dosti Primus, which will spread across a dedicated 1.85-acre parcel within the township.

"The total project investment of approximately Rs.150 crore will be made by Dosti Realty, with an anticipated topline of around Rs.255-260 crore. The senior living development will offer spacious 2 BHK and 3 BHK apartme...