Aging India sees boom in senior living
As more Indians enter retirement, there is a growing demand for living facilities catering to their needs.
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As more Indians enter retirement, there is a growing demand for living facilities catering to their needs.
As more Indians enter retirement, there is a growing demand for living facilities catering to their needs. But many homes remain a luxury few can afford.
For the first time, Columbia Pacific is foraying into a rental model for senior living in India through assisted senior living communities. By the end of FY25, the company plans to have eight communities with about 2,000 homes under construction and on sale across nine cities in India.
To be launched in 2024, the 50 percent joint venture will develop about 250 homes with a mix of one and two-bedroom configurations priced between Rs 40-80 lakhs. The project has a revenue potential of Rs 175 crore.
Top Indian developers will showcase their best projects at the two-day event