Financial barriers in senior living that need addressing for quality homes Housing.com
According to the United Nations Population Fund, India will be home to 17% of the total world’s senior citizens (60+ population around 2 Bn) by 2050, making it at the forefront of this global demographic transition. Another report by the Association of Senior Living India underscores the vulnerability of senior citizens to health challenges. These include chronic diseases, infections and cognitive decline, necessitating a nuanced approach not just to healthcare provision but also in amalgamating them in elderly-centric residential projects. Further, it also raised the need for tailored geriatric healthcare facilities and a proficient workforce capable of addressing the needs of senior citizens if not within the premises of residential projects, then at least in proximity.
