Realty major Embassy group said it has partnered with US-based Columbia Pacific group to foray into senior living housing segment, and will together invest Rs 1,000 crore over the next four years to develop multiple projects for the elderly across various cities in the country. Embassy group has formed a joint venture with Columbia Pacific Communities, which is part of the Seattle-based Columbia Pacific Group. In India, Columbia Pacific has nine operational senior living projects.

(Moneycontrol)