Retirement Homes and Senior Retirement Communities

As senior living communities are increasing, we tend to ask questions to ourselves like when do I want to retire and what are my retirement goals, isn't it?

Posing thoughtful inquiries will guide your decision-making process and lead you to the retirement community that aligns perfectly with your lifestyle.

Retirement Homes or Retired living communities is a widely prevalent concept in the real estate market of India. Many retirees and senior citizens are opting for a more solitary and self-reliant lifestyle, partly due to the significant generational differences between them and their children. During such circumstances, many of our elderly citizens are choosing to live in full-fledged communities, away from their beloved ones to enjoy their solace in old age. India boasts a demographic in which the median age is 29, positioning it to be among the 'most youthful nations worldwide.'

In a culture like India’s,the widely recognized tradition of cohabiting in extended families, known as the "Joint Family" system, was deeply ingrained in the culture. Although multi-generational cohabitation within families has been observed to have beneficial outcomes, the practice of living together has become less common in contemporary culture. In times like this, it is essential that these cultural changes must be accepted.

As per the latest trends in the Indian Real Estate sector, It's evident that today's Indian youth is gravitating towards bustling urban centers in pursuit of job opportunities or entrepreneurial ventures. These prospects are motivating Real Estate developers to create innovative real estate ventures dedicated to our Senior Citizens and Retirement Living in India. This concept of dedicated retirement homes projects which had originated in South India originally is being adopted all over India. The basic idea behind the concept is providing a Secure, Productive and Independent Community to live in. When it comes to the development of communities for senior citizens, there are certain factors to be emphasized on:

Factors to Check Before Choosing Retirement Homes

Outlined below are pivotal factors that assist both you and your family in uncovering the ideal retirement community.

Affordability

Since Affordability is a key factor for home buyers, the Developers of such projects must focus on controlling the cost. Since the homebuyers who invest in these projects are investing from a retired perspective financially, developers of retirement homes must prioritize on providing detailed safety measures and essential features like health care centres, gardens etc for recreation and wellbeing which are very important after retirement.

Services and Amenities

A range of services and amenities should be accessible to enhance the daily lives of senior citizens, providing comfort and enjoyment. These offerings encompass dining services, recreational activities, housekeeping, healthcare, and more.

Safety and Security

Ensure that the retirement home has adequate safety and security measures in place. This comprises controlled entry points, emergency response mechanisms, and a team proficient in emergency protocols.

Lifestyle and Ethos

The lifestyle offered in a retirement community directly impacts the quality of life, so ensure your community is within proximity to shopping complexes, libraries, entertainment, and more. Engage in conversations with family members or trusted confidants who can offer valuable perspectives and assist you in making informed choices.

Food

Food is a fundamental necessity, and as health concerns become more prevalent with age, self-preparation of meals may not always be feasible. Hence, selecting a retirement residence that aligns with your preferences for food quality, service, and flavor becomes increasingly important.

Locality

Since the theme of such projects is to provide affordable homes, they must be located in a relatively peripheral area of the city.

• Availability of large parcels of Land Area that ensures the facilities essential to the venture are holistically integrated with the development area.

• Also, these properties being generally located in the suburbs will have a relatively less price, being away from the prime areas of the city or the Central Business District.

• Most importantly, these projects should be away from the buzz of the city making the surroundings of these residents calming and soothing, the perfect environment to spend time after retirement.

In addition to the above-mentioned factors, Senior Citizen living should have an enhanced range of amenities ensuring residents can enjoy every minute of their life.

• Features like 24*7 Power Backup, Water Supply, Advanced Security, Maintenance and Housekeeping.

• Also, specialized offerings like assisted care for the elderly and ailing citizens, prompt availability of dedicated Medical Staff and tie-ups with surrounding hospitals, in-house healthcare striving to make sure the health concerns of residents never go unanswered.

Here's a list of some recent updates in retirement homes and senior living communities:

Growing Demand for Active and Independent Living:

Communities which promote senior citizens to have active, independent lives are becoming a growing trend. This includes options like independent living units, with access to amenities like fitness centers, social events, and hobby spaces. Nowadays more and more seniors are seeking for options that let them keep their independence while continuing to take benefit from community amenities.

Focus on Technology Integration:

Technology is playing a more significant role in senior living communities. Technology integration is improving overall wellness while providing a sense of security, from wearable health monitors that track vitals to smart home features for increased convenience and safety.

Emphasis on Personalization and Customization:

Individual needs and personalized care plans are becoming increasingly popular in retirement communities, afterall everyone's needs are different. This might involve customized meal options, fitness programs tailored to physical capabilities, and various levels of assistance depending on a resident's health status.

Cultural and Social Engagement:

Retirement homes are placing a greater emphasis on providing opportunities for social engagement and cultural enrichment. This may involve organizing volunteer activities, educational workshops, hobby groups, cultural events, and outings to local attractions.

Sustainable and Eco-Friendly Practices:

In retirement communities, eco-friendly and sustainable methods are becoming increasingly valuable. This includes activities like organic gardening, recycling, energy-efficient building designs, and environmentally conscious dining options.

Now that you have read about the communities, explore the best retirement homes in india.

Homes247.in Expert's View

George Bernard Shaw once famously said, 'You don't stop laughing when you grow old, you grow old when you stop laughing'.

Old Age which are quintessential to today's modern family era must be built on a large-scale basis as a lot of our population is heading towards the senior citizens age. Hence, there is a need for real estate development to adapt pragmatically to the current demographics and offer the best real estate choices towards today’s market.

We at Homes247.in have successfully worked towards building a home guide for homebuyers and investors in Real Estate. Having tremendous experience in this sector enables us to choose the best for our prospective homebuyers and help them end the search of their dream homes and future investments.