Does your home support your senior years?
2 years, 4 months ago

Does your home support your senior years?

The Hindu  

Price is always a critical factor when Indians go on a house hunt, but is this the only important aspect? But a home bought today must meet the homebuyer’s needs throughout one’s life. Only big residential complexes with facilities like green open spaces, gardens, parks and other community areas can support senior citizens’ needs. Still, senior living is not every elder’s cup of tea — many prefer to mingle with the hustle and flow of multi-generational living even when they’re older — in short, age in place. Modern townships also provide the latest smart home features, making life in township properties comfortable and easy for all age groups, including the elderly.

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History of this topic

Senior Living Boom: Chennai, Coimbatore, Bengaluru
1 month, 1 week ago

Senior Living Boom: Chennai, Coimbatore, Bengaluru

The Hindu  

Senior living in South India: Bengaluru, Chennai, and Coimbatore are all becoming increasingly popular places for seniors to live. Senior Living: South India Takes the Lead According to JLL and the Association of Senior Living India, Chennai, Coimbatore, and Bengaluru have almost 60% of the market share of the 20,000 housing units that are currently available in this group. Nearly …

Affluent Seniors Opt for Luxe Assisted Living: A New Chapter in Family Dynamics
2 months, 2 weeks ago

Affluent Seniors Opt for Luxe Assisted Living: A New Chapter in Family Dynamics

Deccan Chronicle  

India's senior population is growing rapidly, with many opting for luxurious assisted-living communities or senior-citizen community living spaces instead of being a burden on anyone. These modern facilities offer luxury, comfort, and a sense of independence, challenging the traditional image of old-age homes as grim institutions. The rise of such luxurious abodes across the country shows how aging is being …

Senior Living and Kid-Centric Homes: A New Frontier in Real Estate
2 months, 2 weeks ago

Senior Living and Kid-Centric Homes: A New Frontier in Real Estate

News 18  

The Indian real estate sector is witnessing a surge in senior living and kid-centric housing. These segments, driven by changing demographics and evolving lifestyle needs, present new opportunities for developers. Senior living communities offer secure, well-maintained environments for the elderly, while kid-centric housing focuses on creating holistic living environments for children. Both of these trends offer developers a chance to …

South Indian states, including Bengaluru, lead with 62% share of the senior living housing segment
8 months, 3 weeks ago

South Indian states, including Bengaluru, lead with 62% share of the senior living housing segment

Hindustan Times  

South Indian states, including Bengaluru, lead with 62% share of the organized senior living and care segment followed by the north zone with 25% and the central states with 13%, said a new report by CBRE titled ‘Golden opportunities from the silver economy – analyzing the future of senior care in India’. South Indian states lead with 62% share of …

Innovative housing solutions for seniors
10 months, 2 weeks ago

Innovative housing solutions for seniors

The Hindu  

The demand for senior housing solutions is rising with the global ageing population, particularly in India. An increasing number of elderly individuals, having lived in regular housing, are now choosing to relocate to senior living facilities for enhanced care and social support. Seniors aged 60 to 75 in good health seek independent living, where amenities such as outdoor green spaces, …

Caring for the elders: From family to State
1 year, 2 months ago

Caring for the elders: From family to State

Hindustan Times  

India is at a peculiar stage in its demographic transition. The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 gives effect to the provisions for their overall physical and mental well-being. According to the report by the Longitudinal Ageing Study in India, 77.3% senior citizens felt ill-treated in one way or the other. There is low awareness about …

Young and thinking of senior living homes
1 year, 5 months ago

Young and thinking of senior living homes

Live Mint  

‘It’s too early to talk about this now!’ ‘You overthink’. The fact that senior living homes provide assistance is a big plus to those who don't plan to have children, or for who'd like to live life on their own terms. “In 20-25 years’ time, my son would probably be in the same place as I am today—honestly, I don’t …

What do retirement homes offer?
1 year, 7 months ago

What do retirement homes offer?

The Hindu  

Communities designed, managed and operated to fulfil the needs of senior citizens are a relatively new industry in India. Hence, residents of independent living communities in India can depend on a single service provider to fulfil all these needs. In India, good senior living communities must also give residents and their loved ones staying far away, the peace of mind …

Why India's senior living concept has become more contemporary and viable post-COVID-19
2 years, 5 months ago

Why India's senior living concept has become more contemporary and viable post-COVID-19

Firstpost  

India’s population of 1.3 billion is ageing faster than ever before. There is, therefore, a need for the growth of senior living as a separate asset class in India’s real estate market, comparable to co-working and co-living, which have been established as crucial asset classes in recent years. The southern cities of India are now in the lead, with 70 …

Covid-19 and Beyond: How to Support India’s Elderly During the Pandemic
4 years, 5 months ago

Covid-19 and Beyond: How to Support India’s Elderly During the Pandemic

News 18  

Most of us either have elderly parents living separately or know of elders in our neighbourhood living on their own. A report by the United Nations Population Fund says that India’s senior population will grow to 173 million by 2026 and constitute 34% of its people by the end of the century. Japan, for instance, has set up a welfare …

Student housing, retirement homes, co-living new realty growth drivers: Parekh
5 years, 3 months ago

Student housing, retirement homes, co-living new realty growth drivers: Parekh

Live Mint  

New Delhi: Confident about real estate sector doing well as long as there are "right developers, right pricing and right unit size", eminent banker Deepak Parekh has said a number of new growth drivers are also emerging in form of student housing, retirement homes and co-living projects. He also said foreign investors have also been investing in a big way …

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