Coronavirus | Pandemic pushing up demand for senior living units, say realtors
The Hindu
Niranjan Hiranandani, National President, NAREDCO, said since the pandemic began, there has been demand for homes from the buyer segment which is above the age of 55
In what has increasingly become the new way of living — mostly indoors, highly alert about hygiene, and in preparedness of medical emergencies — realtors say demand for housing units specifically catering to senior living is on the rise. Niranjan Hiranandani, National President, NAREDCO, said since the pandemic began, there has been demand for homes from the buyer segment which is above the age of 55, still independent and leading an active life. "Homes for this segment are referred to as ‘senior living units’, and these are mostly in gated communities. Defined by senior citizen-friendly architecture and design features, they offer facilities and convenient services and access to medical facilities. Some projects also offer medical support and holistic healthcare. This is a segment totally different from ‘assisted living’ for senior citizens which is largely, institutionalised," he explained.More Related News
Everyone talks about the Airport Metro, but one look at the pillars and completion seems nowhere in sight. Meanwhile, a faster, cheaper, roomier alternative called the Suburban Rail Airport Corridor is finally getting off the drawing board. This dedicated corridor with its specialised coaches will link the airport to vast stretches of Bengaluru, where the metro connection is still years away.