2 weeks ago
India’s Senior Living Market Set for Rapid Investment Growth
India is expected to build many more homes and care facilities for older people.
Developers and investors could spend about Rs 13,000 crore on these projects in the next three to four years.
The market may become four times larger by 2030.
The demand for senior housing could reach 30 lakh units.
Many new projects may be built in smaller cities and spiritual places.
Companies are working with healthcare providers to offer more complete services.
Antara plans to build eight to 10 senior-living communities over five years.
New guidelines in Haryana and Maharashtra are intended to make these projects more standardised and accountable.
Developers and investors may deploy around Rs 13,000 crore in senior living projects over the next three to four years.
Colliers expects India’s senior living market to grow fourfold to Rs one lakh crore by 2030.
Demand could reach 30 lakh senior housing units, while organised supply may rise from 25,000 to one lakh units.
About 30-40% of new projects are expected in Tier II and III cities and spiritual hubs.
Developers and healthcare operators are forming partnerships, while Antara plans eight to 10 communities over five years.
- Who
- Indian real estate developers, investors, healthcare operators and senior-living companies, including Colliers India, Shremoha and Antara Senior Care.
- What
- The senior-living sector is projected to attract around Rs 13,000 crore in investment and grow substantially by 2030.
- Where
- Across India, including Tier II and III cities, spiritual hubs, Pune, Gurugram, the National Capital Region and South India.
- When
- Over the next three to four years, with market and supply targets set for 2030.
- Why
- An expanding elderly population, demographic shifts, changing socio-economic conditions and rising demand for professionally managed housing and care are driving growth.
Key facts
- Expected investment
- Around Rs 13,000 crore over the next three to four years
- Projected market size
- Rs one lakh crore by 2030, according to Colliers India
- Senior housing demand
- Expected to reach 30 lakh units
- Organised supply
- Projected to rise from 25,000 units currently to one lakh units by 2030
- New project locations
- An estimated 30-40% may be launched in Tier II and III cities and spiritual hubs
- Antara expansion
- Plans to develop 1.5 million sq. ft. annually and create eight to 10 communities over five years
- Policy developments
- Haryana and Maharashtra have taken steps toward dedicated senior-living guidelines and policies
Quotes
Badal Yagnik
Chief Executive Officer and Managing Director, Colliers India
“"India’s senior living market is entering a period of accelerated growth, driven by strong demographic shifts and evolving socio-economic dynamics. With a rapidly expanding elderly population and rising demand for professionally managed senior housing and care solutions, the market presents significant long-term growth opportunities."”
financialexpress.com
Sources
Related news
India’s Senior Living Market Poised for ₹1 Lakh Crore
DLF eyes ₹2,000 crore senior living project in Gurugram
Athulya Senior Care opens third geriatric centre in Bengaluru
Lodha Developers to Launch 21 Projects with ₹24,000 Crore Revenue
Senior homes in India are redefining life after 60
India’s REIT and InvIT Market Eyes ₹11.6 Lakh Crore
Haryana Says Ayushman Bharat Health Services Continue Despite IMA Call
Private Hospitals Flag Ayushman Bharat Payment Delays and Claim Deductions
Haryana Records Highest SGST Growth Among States in 2026-27
Haryana sanitation workers’ strike puts BJP government under pressure
Hooda Accuses Haryana Government of Evading Assembly Questions
