India, Sept. 23 -- The senior living sector is moving beyond a one-size-fits-all model, with Tier-1 and Tier-2 cities catering to distinct consumer segments and presenting varied opportunities for developers and operators. The sector is at an inflection point, transitioning from a real estate-led model to a broader longevity ecosystem integrating housing, healthcare, hospitality and community building, a report said on September 23.

With India's population aged 60 and above projected to rise from nearly 149 million (10.5% of the total population) in 2022 to 347 million (20.8%) by 2050, growing at a CAGR of approximately 3%, the senior living housing opportunity is significant, according to a report by Colliers India in association with P...