Senior living essentially refers to homes that cater to adults aged 55+ who are looking to live independently in a peer environment. Seniors who gravitate towards such housing options tend to have no major health issues and are active enough to more or less take care of themselves.
Such projects usually provide a variety of facilities for recreation and socialising, including a clubhouse, health club or gym, facility management services, squarely focused on the needs of the elderly.
As per a 2017 report by New York-headquartered United Nations Population Fund, “The elderly population has increased from 77 million in 2001 to 104 million in 2011. By 2050, the elderly population is likely to increase by three times to reach around 300 million, accounting for 20% of the country’s total population. ” the report, titled Caring for Our Elders: Early Responses, India Ageing Report-2017, noted.
Parents would be expected to live independently and have homes that are well equipped to deal with any kind of emergency related to health, security or day-to-day living. Hence, senior living spaces are bound to become indispensable.
A few more-than-obvious reasons for the growing popularity of these independent living projects are as follows:
- Healthcare options within easy access to a qualified medical facility is of great significance in these senior living projects.
- Appealing and socially relevant ecosystems such as temples, clubs, retail malls, entertainment and other recreational facilities. Also, there are well-maintained public parks, roads and general cleanliness around them.
- Efficient connectivity to major city areas, retail and entertainment centers and other important places.
- Round-the-clock security and assistance, equipped with CCTV cameras and security guards, at all times. All the rooms or apartments have emergency response systems.
In a nutshell, these independent senior places cater to holistic well-being, with a plethora of specifications and conveniences, especially focused on building intricately designed senior living homes that ensure their comfort and security.
Senior living projects have sprung up mainly in the outskirts of the major cities and in tier II and III cities across the country. Bhiwadi in NCR, Neral in Mumbai, Devanahalli in Bengaluru are some of the prominent locations around tier I cities.Real estate groups such as Columbia Pacific, Tata, Brigade and Paranjape have also forayed into the segment, creating properties only for the elderly.