Business Standard

Senior Citizens Housing

Senior housing boom: South Indian cities drive 60% of market growth

South India is emerging as the hub for living projects for the older population, accounting for 60 per cent of total market share, north Indian cities comprise just 20 per cent, the west holds 16 per

Senior housing boom: South Indian cities drive 60% of market growth
Updated On : 30 Nov 2024 | 10:57 AM IST

Comfort in retirement: How to invest in a house in senior living facility

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

Comfort in retirement: How to invest in a house in senior living facility
Updated On : 24 Nov 2024 | 9:37 PM IST

Senior living company Primus announces raising $20 mn in seed funding

Firm will use financing to develop platform offering range of services for the elderly at their homes

Senior living company Primus announces raising $20 mn in seed funding
Updated On : 16 Oct 2024 | 1:34 PM IST

Ashiana Housing bets on senior housing facilities to drive profit

Improving life expectancy is expected to drive the share of senior citizens in India's 1.43 billion population to 13 per cent by 2030 from 11 per cent currently, according to a Colliers report

Ashiana Housing bets on senior housing facilities to drive profit
Updated On : 01 Oct 2024 | 2:01 PM IST
Updated On : 04 Jan 2024 | 11:48 AM IST
Updated On : 27 Oct 2023 | 12:47 PM IST

Investing in a retirement home that gives elders care and company

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

Investing in a retirement home that gives elders care and company
Updated On : 06 Jul 2023 | 1:27 PM IST

Ashiana Housing to invest Rs 275 cr to develop project for senior citizens

Realty firm Ashiana Housing will invest Rs 275 crore to develop a housing project in Pune for senior citizens. The Delhi-based company said in a statement that it has launched a joint venture project, Ashiana Amodh Senior Living at Talegaon in Pune. The project, spread over 11.93 acres, will be developed in four phases and will entail an investment of Rs 275 crore, it added. The project will be funded through internal accruals and construction finance. Ashiana Housing said the delivery of the first phase is scheduled for October 2026. The company is targeting customers aged 55 and above. In the first phase, 220 units will be developed and sold in a price range of Rs 57 lakh to to Rs 1.27 crore. The development of the first phase includes the land cost of Rs 25.11 crore, construction cost of Rs 52.38 crore, and other expenditures of Rs 16.36 crore. The total investment in the project would be Rs 275 crore, the company said. "Recognizing the shifting societal norms, the acceptan

Ashiana Housing to invest Rs 275 cr to develop project for senior citizens
Updated On : 19 Jun 2023 | 3:55 PM IST

Retirement homes: A haven for those too old to work, too young to die

They aren't the popularly imagined dwellings for spurned old parents, but offer a holistic lifestyle for those among the elderly who still have a great zeal for life

Retirement homes: A haven for those too old to work, too young to die
Updated On : 29 Jan 2021 | 9:10 PM IST

Lockdown taught me to be self-sufficient, revisit Bollywood: Citi India CEO

Khullar also lets on that he has managed to do very well alone, something he wasn't sure of, and credits some of it to his love of Bollywood.

Lockdown taught me to be self-sufficient, revisit Bollywood: Citi India CEO
Updated On : 31 Oct 2020 | 10:43 PM IST
Updated On : 19 Aug 2019 | 4:31 PM IST
Updated On : 16 Aug 2019 | 4:14 PM IST

Realtors see massive opportunity in India's growing elderly population

For the real estate sector, it represents massive opportunities, particularly as current housing for senior people is minimal

Realtors see massive opportunity in India's growing elderly population
Updated On : 15 Oct 2018 | 5:30 AM IST