News & Views on Indian Real Estate

Thursday, July 03, 2008

Specialty housing for the elderly

Real estate developers in north are ushering in a new era of living for the senior citizens, by developing specialty housing projects for them. The developers are focusing on providing high end facilities for the people above 60 years of age. The concept is already present in the western world but the time has come to launch it in the Indian market as this sector has been largely neglected in India. Moreover there's a great scope of growth in this segment due to lack of organized players.