The concept of senior living has been gaining traction in recent years owing to the migration of Indians to metro cities and oversees breakdown of the joint family model. In the 2011 census, out of 24.88 crore households, 12.97 crore or 52% were nuclear households. As a result, about 15 million elderly Indians are living alone.

Presently, there is acute shortage of dedicated senior living facilities in India. Approximately 20,000 units are only at various stages of planning construction and operation phase. In India, only 1 in every 10,000 senior citizen live in senior housing. In contrast, 12 in the United States and 4 in Australia.

India in need of at least three lakh senior housing facilities with worth more than $1 billion


  • Location: Avsare Village, Neral
  • Total land area: Approx 2 Acres
  • Residence Type: Senior Living
  • 200 Flats with occupants > 300 considered
  • Common facilities central to all buildings
  • Easy and direct access to common facilities


  • Intercom facility in each room
  • Doctors, physiotherapy and nurses on call
  • Tie ups with hospitals in vicinity
  • Maid servants for household
  • Dining room with specially monitored menus
  • Yoga cum meditation room
  • Gymnasium specially equipped for elderly
  • Laundry, Salon, Banking facility on periodic basis
  • Shared facility with Olympeo Riverside Phase I & III

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