South India dominates India’s senior living market, claiming 60% of 20,000 housing units, led by Chennai, Coimbatore, and Bengaluru, thanks to superior healthcare, cultural acceptance, and strong NRI investments.

More and more, real estate developers are incorporating senior living into bigger urban housing developments rather than constructing separate facilities on the fringes of cities. Learn more about it on Ghar.tv.

Baroda, also known as Vadodara, is becoming a popular retirement and professional destination for its serenity, affordability, and culture. Ghar.tv lists 7 key reasons that Baroda is becoming a retirement destination for many.

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.

India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.

In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled draft guidelines aimed at revolutionizing housing projects for the elderly, making it a trailblazer in India for advocating the specialized housing needs of retirees.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.

With senior housing getting the most focus, India's real estate sector is suddenly bracing for a demand spike. A white paper released with PWC and ASLI-The Association of Senior Living in India reports fifty active projects from the top twelve players in the delivery business.

Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.

The Indian real estate giant Ashiana Housing Ltd. is planning a major expansion. The business wants to spend Rs 700 crore in two luxury home projects in Jaipur and two senior living projects in Chennai.

Once stigmatised as "old age homes," senior living homes have now evolved as a viable real estate sector, which has grown in importance in the aftermath of the COVID-19 scare.