Real Estate

Despite being a few decades old, the concept of retirement homes is a relatively new concept for many Indians. Although in the cities it is it is a very well-known concept and people accept it very openly. Senior citizen retirement homes in Silvassa could be considered to understand this. This segment is growing very fast as the demand for such homes in Silvassa and other places is growing rapidly. Silvassa being a Union Territory governed by Central Government has certain advantages over States. When it comes to senior citizen homes , the guidelines are laid down as per the requirement of central governing agencies. Silvassa is getting a lot of support from the Central Government in the form of various infrastructure projects and schemes. Hence, there are many good real estate projects coming up here. These projects are regular as well as special, i.e. senior citizen homes. Senior citizen homes in Silvassa territory is catering to a segment of seniors who are from India and a...

Despite being a few decades old, the concept of retirement homes is a relatively new concept for many Indians. Although in the cities it is it is a very well-known concept and people accept it very openly. Senior citizen retirement homes in Silvassa could be considered to understand this. This segment is growing very fast as the demand for such homes in Silvassa and other places is growing rapidly. Silvassa being a Union Territory governed by Central Government has certain advantages over States. When it comes to senior citizen homes , the guidelines are laid down as per the requirement of central governing agencies. Silvassa is getting a lot of support from the Central Government in the form of various infrastructure projects and schemes. Hence, there are many good real estate projects coming up here. These projects are regular as well as special, i.e. senior citizen homes. Senior citizen homes in Silvassa territory is catering to a segment of seniors who are from India and a...

With rising life expectancy and the improvement in the quality of lifestyle and medical facilities, senior citizens are living a longer and fulfilling life now. The improvement in the Indian economy over the past couple of years has also led to more disposable power in the hands of seniors, who are now retiring with a golden handshake retirement packages. Senior citizen home sin India has simultaneously also seen a rise in demand. The quality of these homes is improving to match the evolved expectations of the customers. These seniors are looking forward to quality living in their post-retirement life. They don’t want to compromise in their living standards or their expectations. Going by this rise in demand for senior living in India , many sectors are tuning their offerings to appeal to the seniors. Real estate is one such industry which has picked up this growing trend. It has began adjusting and customizing its product offering to appeal to seniors with very specific expectation...

The past couple of years has seen Indians going in for purchase of second property which is mostly in within commutable distance of their first or original home. Second home projects in smaller towns surrounding big cities are becoming very common. For example, a person living in Mumbai city will prefer to buy a second home in Panvel, Palghar, Khandala, Lonavala, Pune, Silvassa etc. This trend is increasingly been seen among st affluent senior citizens who are looking for a respite from the noisy and chaotic city life by moving into a nearby satellite city or town. Real estate developers have begun noticing the growing segment of senior citizen second home . They are customizing their product offerings to accommodate the needs and wants of such seniors. They are trying to offer second homes which offer quick and easily accessible guarantee of medical assistance, a good security cover for the residences. They are also trying to provide them with international quality interiors and...