Retirement Homes

Decision to purchase such a property should be taken by researching costs, infrastructure, service standards

As India ages, the market to serve the elderly is expected to be worth almost $18 bn in five years

Such properties are designed for the elderly and give them company and security

The facility should be designed considering the needs of seniors and be secure for them

"They are also getting into warehousing, including for food, data, commodities etc. Warehousing is a big business now," Parekh also added

It is a good option to live an independent and activity-filled life, but don't buy it as an investment