India's Senior Living Market Booms: Reshaping Retirement Planning & Healthcare

• India's senior living market is projected to hit nearly $8 billion by 2030, driven by rising healthcare costs, safety concerns, and the need for predictable living expenses, according to a JLL–ASLI report.
• Senior living communities offer crucial amenities like non-slip flooring, emergency response systems, and on-call medical support, significantly reducing accident risks and managing health-related costs.
• Buyers are typically financially independent individuals over 55, often downsizing to reallocate capital for housing that provides integrated healthcare and security.
• The trend reflects seniors' desire for independence, social engagement, and predictable costs, reducing reliance on children for caregiving, as noted by Ankur Gupta and Anantharam V Varayur.
• A significant demand-supply gap exists, indicating strong interest from both residents and investors in these comprehensive housing solutions.

Why It Matters: Senior living is transforming Indian retirement, offering predictable costs, healthcare, and independence.