Antara Senior Care Gets OC for Phase 1 of its Noida Sector 150 project

• Partial Occupancy Certificate granted for 340 units in Phase 1
• Antara expects to start handing over homes to senior residents soon
• Project in Sector 150 focuses on wellness, medical support, and senior-friendly living

Noida: Antara Senior Care has received a partial Occupancy Certificate (OC) for Phase 1 of its senior living community in Sector 150, Noida, marking a major milestone for the project and bringing long-awaited relief to hundreds of senior homebuyers.

The Occupancy Certificate has been granted to Contend Builders Private Limited, a joint venture company of Antara Senior Living Limited, which is a wholly owned subsidiary of Max India Limited. The approval currently covers three residential towers comprising 340 apartments in the first phase of the development.

With the OC now in place, the company is expected to begin the possession process for senior residents shortly. The development is especially significant because many of the buyers are elderly citizens who had invested in the project with the expectation of moving into a community specifically designed for senior living and healthcare support.

Rajit Mehta, Managing Director and CEO of Antara Senior Care, welcomed the development and thanked the Noida authorities as well as the Supreme Court for their support in resolving the matter. According to him, the company is reviewing the conditions mentioned in the Occupancy Certificate and preparing to initiate the handover process soon.

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The approval also unlocks nearly ₹150 crore in pending receivables that were linked to the grant of possession. Antara’s Noida senior living project spans approximately 27 acres. Out of this, Phase 1 accounts for nearly 17 acres, while the remaining 10 acres will be developed under Phase 2.

Company estimates suggest that Phase 1 alone carries a revenue potential of around ₹550 crore, while the second phase is expected to generate nearly ₹800 crore. Following the approval for Phase 1, the developer plans to move ahead with the revalidation of permissions and approvals required for the next phase of the project.

The project had faced delays due to a larger issue linked to shared sports infrastructure planned for Sector 150. According to the company, there was a sector-wide requirement for collective completion of common sports facilities before occupancy approvals could be granted. Antara stated that it had already fulfilled its obligations, including financial contributions and construction responsibilities related to the shared infrastructure.

To accelerate the approval process and protect the interests of senior residents, the company approached the Noida Authority and later moved to higher courts, including the Supreme Court of India. The developer argued that all its responsibilities had already been completed and that there should be no further delay in granting the Occupancy Certificate. The partial OC has now been issued based on the company’s compliance with the required conditions.

Antara’s Sector 150 project has been developed as a dedicated senior living community, focusing on independent yet supported lifestyles for elderly residents. The residences are designed with senior-friendly layouts and are integrated with wellness services, emergency response systems, healthcare access, and round-the-clock medical support.

The company says the project reflects the growing demand for organized senior housing in India, especially in urban regions such as Noida and Delhi-NCR where families are increasingly looking for secure and community-based living options for elderly parents.

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Launched in 2013, Antara is the senior care business of Max India Limited, part of the Max Group. Apart from senior residences, the company operates assisted care services including care homes, home healthcare, wellness clinics, and senior-focused healthcare products under the AGEasy brand.