India, April 14 -- The population of senior citizens in India is projected to reach 191.5 million by 2030. Several factors - like the rise of nuclear families in urban India and the global mobility of children - are altering the traditional care dynamic that the previous generations have been used to. Moreover, economic empowerment is driving a demand for purpose-built housing.

To cater to this new demographic, approximately 15,000 senior living homes are expected to be launched in India by 2030. As the real estate sector matures, the conversation has moved beyond traditional old-age homes towards more sophisticated and lifestyle-oriented communities that offer security, wellness and a fulfilling post-retirement life for the elderly.

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