Bengaluru, July 23 -- Primus Senior Living and HDFC Capital have partnered to create a Rs.2,000-crore rental housing platform for senior citizens, boosting the senior living real estate asset class, which has seen significant momentum in recent years.

So far, Bengaluru-based Primus Senior Living has followed a build-and-sell model for senior citizens. Under the new rental-led platform, Primus will develop six properties across six cities-Bengaluru, Mumbai, Chennai, Hyderabad, Pune, and Delhi-National Capital Region (NCR)-along with projects in which apartments are built and sold.

"We are witnessing strong demand from seniors seeking active, independent and community-oriented lifestyles. HDFC Capital brings deep expertise in housing, pat...