India's Senior Living Sector: A Booming Market with Immense Potential

India's senior population is rapidly growing, with over 100 million seniors currently residing in the country. This demographic trend is expected to continue, with the senior population share projected to increase from 10% to 20% by 2050. This growth is driving a surge in demand for senior living solutions, creating a lucrative investment opportunity in the sector.

仲量联行 's recent report, "The Rise of Senior Living Market in India," highlights the immense potential of this market. The report identifies the top 10 senior living operators in India, which collectively hold over 50% of the market share.

Several factors are driving the need for senior living solutions in India:

1. Rise of nuclear families: The traditional joint family system in India is breaking down, leading to more seniors living alone or with their children's families.
2. Increased mobility for career opportunities: Young Indians are increasingly moving to cities for job opportunities, leaving their elderly parents behind.
3. Growing demand for senior care services: Seniors require specialized care and attention, which may not be readily available in traditional family settings.
4. Changing views towards the asset class: Senior living communities are no longer perceived as retirement homes but as lifestyle choices that offer a range of amenities and social opportunities.

While homecare services for seniors have gained popularity, bespoke senior living communities are emerging as a preferred option. These communities provide a comprehensive ecosystem of medical care, wellness, and social bonding opportunities, catering to the holistic needs of seniors.

India's senior living sector is still in its early stages of development, presenting a significant opportunity for growth. Investors and developers are increasingly recognizing the potential of this market and are actively exploring opportunities to create innovative and sustainable senior living solutions.