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Senior Living Facilities See Rise in Demand as Children Eye Assisted Living for Parents

Aug 10, 2021
| By: Faizan Haidar
| Source Link: Click Here

Senior living residences have witnessed an increase in demand after two waves of Covid-19, as a younger set of people are now booking these facilities, said operators and consultants. While the demand for underconstruction facilities has doubled, there is a waiting period for ready-tooccupy projects as most of the units were sold during the second wave of Covid-19, they said.

The Covid-19 crisis made many in India realise the need for assisted-care homes and that in turn has propelled the demand for this niche segment. In addition to this, many elders who stayed in joint families are now opting to live in senior living homes. Both these factors have given a to the demand for residential complexes for senior citizens. “Earlier, senior living had a negative connotation but the concept is rapidly changing now.

Unlike the dingy, dark and unkept structures, most modernday senior care facilities boast state-of-the-art infrastructure and design capabilities that are carefully planned and executed to cater to the diverse and evolving needs of this age group,” said Kushwaha.

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