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Home > Forum > Delhi > Buying property > Cost of retirement homes

Cost of retirement homes

Q: What is the approximate price of retirement homes or senior citizen apartments?

real estate in india
cost of retirement homes
price details
retirement housing
senior citizen homes
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Replies (8)
1
The service fee will be determined only after the medical assessment. It is dependent on level of care, term of stay and type of room.
John Francis


2
The service fee will be determined only after the medical assessment. It is dependent on level of care, term of stay and type of room. Read the full article here https://thorncliffeplace.com/financial-aspects-of-retirement-homes/
John Francis


3
Though they are costly compared to other projects, builders claim that they are not getting any profit in such projects. They want to charge high, but if they charge the buyers may hesitate to invest. So they are waiting for the market to develop first.
Baldeep Singh


4
At Paranjape's Athashri, special facilities have been provided to cater to the needs of elderly residents, which differentiates it from other projects. Some of them include- corridors with handrails, a doctor's room, a 24-hour ambulance, anti-skid tiles, etc. All units have multiple red emergency buttons and a rope in the bathroom for calling a caretaker. Due to these kinds fo facilities and amenities, the projects include high cost and are priced high.
Tamal


5
Yes sir.. the retirement housing projects are costlier than usual ones. Approximately 20-30% higher in cost.
Anwar Mohammed


6
At Paranjape's Athashri, special facilities have been provided to cater to the needs of elderly residents, which differentiates it from other projects. Some of them include- corridors with handrails, a doctor's room, a 24-hour ambulance, anti-skid tiles, etc. All units have multiple red emergency buttons and a rope in the bathroom for calling a caretaker. Due to these kinds fo facilities and amenities, the projects include high cost and are priced high.
Gaurav Malik


7
Yes sir.. the retirement housing projects are costlier than usual ones. Approximately 20-30% higher in cost.
Neha Srivastava


8
Though they are costly compared to other projects, builders claim that they are not getting any profit in such projects. They want to charge high, but if they charge the buyers may hesitate to invest. So they are waiting for the market to develop first.
Tamal


9

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