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Retirement home: Your guide for residential retirement homes

Plan now for same or better lifestyle in your retirement home

Know the latest trend in retirement home in IndiaAre you planning for a retirement? Are you looking for a home post your retirement? Well, retirement home planning is the latest rage which is being followed even by young professionals in India. People these days are accurately planning for their life post retirement by investing in various things and sectors.

A retirement home is a place with a multi-residence which has various facilities for senior citizens. Generally, each person in a retirement home has a room or a suite according to his/her own wish. This home will make the life of senior citizens more convenient by providing additional facilities for gatherings, meals, recreation, security systems, health and hospice care.

Trend in real estate India for retirement homeA retirement home can either be bought on perpetuity or can be rented. Apart from retirement homes, there are also retirement communities, retirement resorts and retirement villages which offer different facilities.

This westernised concept is the latest trend in India and the market size of it is increasing. Everyone has a different point of view towards opting for a retirement home. If you are on the verge of retirement, you would like to relax, laze around and spend more time with your family. All this can be done by opting for a retirement home.

Why should people invest in retirement homes?

As mentioned earlier there are various youngsters and other professionals who are planning for their post retired life by investing in retirement homes. Apart from just this, retirement homes are also a perfect place for senior citizens who have no children or the children do not want to keep them. These homes will make way for you to have the relaxed part of your life. Further, this will also give a person an independent lifestyle in a nature oriented place which is away from the screeching and scrambling cities.

Other advantages in a retired home

  • In a retirement home an elderly person can spend time with others of their age. This further helps them to create a strong bond and make lasting friendships with people they can relate to. They can also conduct activities which they can enjoy together by playing games and going on a picnic.
  • Most importantly, the elderly citizens are not forced to live with their children in the cases that they cannot peacefully live under the same roof and are financially dependent on their children.
  • A retirement home provides a comfortable and secure lifestyle to senior citizens even if they are financially weak.
  • People staying in retirement homes will not have to worry about chores like cooking, buying groceries and paying bills as it will be taken care by the management.

Few facilities in a retired home

      • Concept of retirement home India is gaining popularityFlexible senior lifestyle
      • Physical fitness centres
      • Senior health and wellness
      • Concierge services
      • Dining
      • Travelling
      • entertainment

Apparently, as more number of people would like to have such type of a lifestyle, the concept of retirement home is gaining popularity in the Indian real estate market. This method is gaining momentum in cities like Kochi, Bangalore, Pune, Chennai, Delhi NCR and Mumbai. Also there are various websites which help people in planning for the retirement years.

Developers like Ashiana housing and others are launching projects in various cities like Jaipur, Pune and others with features which can cater to the selected clientele. The price differs based on various locations. These projects are initiated in order to create an atmosphere with likeminded people around and make use of their time in a productive way.

The fact that due to an increase in the population, there is the reduction in square feet area in apartments, narrow roads, suffocating environment and perishing of natural resources have led to the encouragement of such projects by senior citizens. Most of the senior citizens prefer staying in such type of environment which provides a quality life. Apart from just this project, there are various other projects in major cities in India which cater to senior citizens and their lifestyle.

Henceforth, it is seen that the concept of retirement homes will gradually increase in the coming years.

Read more real estate articles
Equity Release Loan for the Senior Citizens
Choosing the Best Senior Housing
Make your Apartment Friendly for Senior Family Members

Tags : Plan retirement Real estate trend residential retirement homes Retirement Retirement home retirement homes Retirement investment senior citizens Trend in Real Estate

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