Housing for senior citizens to drive real estate growth The Times of India
Housing projects for senior citizens are expected to drive significant growth in the real estate sector because of a rise in elderly population, preference for them to settle down in tier-II cities after retirement, and the need for safer space. Anuj Jain, a 65-year-old resident of Mumbai, recently purchased a flat in a senior housing complex near Pune. “Both my children live overseas, and I have just retired. My plan was to settle in a peaceful location which has all facilities for seniors,” he, said.
