A report from India’s leading industry body, the Confederation of Indian Industry, has projected that India will have over 300 million elderly or retired citizens by 2050. The growth potential of this sector is undeniable, with most newly or close to retiring senior citizens opting to move to retirement homes. Today, the societal mindset has shifted and has become more accepting of people wanting to move to a retirement home rather than staying alone in one’s own home and having to worry about its upkeep. These luxurious homes specifically cater to senior citizens’ mental, social, physical, and emotional needs. Found close to cities like Delhi-NCR, Chennai, Mumbai, Dehradun, Bengaluru, Coimbatore, etc.
Why are more elderly citizens moving to retirement communities?
Over the last several decades, India has witnessed a surge of children leaving home and their elderly parents behind in search of dream careers in cities away from home or abroad. Leaving their parents alone and, in many cases, vulnerable and insecure can often bring on depression which can have a detrimental effect on the mental health and even lead to a rapid decrease in mobility in these senior citizens. For children and relatives living in fear and far away, luxury retirement homes like Eden bring the priceless feeling of peace of mind knowing that their parents and loved ones are in pristine, safe, serene, friendly, and caring environments and well worth the cost.
It is important to remember that this newly retired generation is more often than not more traveled, well-read, worldly-wise, physically and financially more independent than earlier generations. After working non-stop throughout their lives, they can now decide when they want to slow down or retire completely from working and, most importantly, how and where they want to spend the rest of their living years. Hence, an increasing number of senior citizens are taking charge of their destiny by moving to retirement homes. These homes offer a wealth of on-premise amenities across luxurious accommodation, health and wellness, recreation, and hospitality.
Lack of Growth of retirement communities in India
Despite this fast-rising trend, the options for high-quality and luxury retirement homes for senior citizens are very few. Some of the main reasons for this are:
- Affordable access to available land close to city limits but yet far enough from the hustle and bustle of the city.
- Slow approvals and permissions needed for senior living projects
- Not enough builders to invest in the high-quality infrastructure required to cater to the needs of senior citizens.
- Most importantly, the societal stigma of abandoning elders by putting them in a retirement community
- However, it is essential to be conscious that this mindset is fast changing in modern India.
Eden – a luxury retirement community:
Many retirement homes are today not any less than luxury nursing homes where elderly and retired people spend their twilight years in happiness, safety and dignity while interacting with people in their age groups. Eden is a luxury retirement community nestled in the foothills of the scenic Himalayas, boasting serene, lush green surroundings. Located in Dehradun, outside the hustle and bustle of the city, it offers its residents a living environment that typifies luxury. Apart from the idyllic and pristine setting, Eden provides a wealth of facilities like:
- Spa and salon
- Recreation center
- Infinity pool
- Gym, and fitness center
- Library, and so much more.
To ensure that residents remain in good all-round physical and mental health, luxury retirement communities like Eden also offer:
- Regular health check-ups,
- Fully trained nurses,
- Round-the-clock emergency support with doctors and ambulances constantly on standby
- Preventive care programs,
- 24×7 monitoring
- Rapid response emergency assistance,
- Mediation and other therapies are also available to boost immunity and improve their overall health.
Accommodation in Retirement Communities:
Luxury retirement homes and communities accord senior citizens all the comforts of a home without the hassle of running one. At Eden, retired residents can choose to live in fully equipped luxurious villas, 1 BHK or 2BHK, or even studio apartments that can either be bought outright or be rented monthly or on a long-term lease. Purchasing a living space is also often considered by many senior citizens and their families, with prices ranging from 20 lakh for a 1-bedroom apartment to up to 7 crores for a three-bedroom apartment with quarters for live-in staff.
For the newly retired senior citizens, there are multiple advantages that they can enjoy by living in luxury retirement homes. These homes come equipped with features to make a life for senior citizens convenient, secure and comfortable. These homes allow senior citizens to lead an active and healthy life with minimum outside interference. They come ready with features like:
- Anti-skid tiles
- Conveniently located fixtures and fittings
- Grab rails in critical areas of the house
- wheelchair-friendly premises,
- Modified wall edges designed to prevent injuries
The many retirement homes that are being developed all over the country offer world-class living facilities in peaceful and scenic locations. Away from the rat race, senior citizens can finally reflect on their life, reconnect with themselves and live a happy, active, and dignified life for the rest of their days.