Senior living market to touch $4.31 billion in 2026; Coimbatore, Vadodara, Ayodhya and Varanasi to emerge as retirement hubs
India, Oct. 14 -- India's senior housing market is estimated to reach 4.31 billion in 2026, driven by an ageing population, the rise of nuclear families, migration and changing household structures. While Bengaluru, Hyderabad, Pune and Chennai remain key senior-living markets, smaller cities such as Coimbatore, Vadodara, Nashik, Kochi and Mysuru are gaining traction, alongside spiritual destinations including Ayodhya, Varanasi, Haridwar and Tirupati, according to a report released by Square Yards.
According to a report titled Expanding Horizons: The Next Growth Markets for Senior Living in India, spiritual centres, including Ayodhya, Varanasi, Haridwar and Tirupati, to be emerging as distinct retirement and second-home destinations.
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