Retired comfortably: Old age homes that are worth the investment

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

Arun Parthasarthy (name changed on request), 61, and his wife recently sold their house in Chennai and moved into a retirement community in Coimbatore. “My children have settled abroad. Our house was large and becoming difficult to manage. We decided to move to a housing project where my spouse and I would not have to worry about daily chores,” he says. Like Parthasarthy, a growing number of senior citizens are choosing to buy a house in real estate projects that cater to their needs.  

Growing demand, limited supply

One factor driving the demand for such homes is demography. “According to projections from