Senior living projects
Realty firm Silverglades announced that it will invest Rs 350 crore to develop a housing project at Gurgaon and said that it would tie-up with Age Ventures, the non profit organisation for management of flats for senior citizens. The company plans to develop 950 apartments in this 17.5 acre project, of which 156 flats would [...] Continue Reading »
The demand for retirement homes are increasing in India. Due to the increasing demand, Indian developers are now focusing on building homes exclusively for senior citizens. It is projected that India’s older population will rise by the middle of the century. According to United Nations Population Division, it is expected that people aged 60 and [...] Continue Reading »
Due to the increasing demand, Indian developers are now focusing on building homes exclusively for senior citizens. Currently, there are around 30 senior living projects in India and around 30 more are in the pipeline. Most of the projects are at the proposal stage. Cities like Coimbatore, Bangalore, Pune and Chennai are more active cities [...] Continue Reading »
Tata Realty and Infrastructure Ltd (TRIL), a pioneer in Indian real estate is now focusing on developing hospitality and senior living projects. In context with the same, TRIL Infopark Ltd experts say that their company has plans for launching similar projects at Hyderabad , Chennai and Bangalore. The first project will be launched in Chennai at [...] Continue Reading »
