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Senior Living in India: The Numbers

About 22,000 purpose-built senior homes sit against more than 150 million Indians aged 60 and above. This page is the census: who counted, what they counted, what homes sell for, and which operators publish their own figures.

Last verified against government sources on . We re-check this post whenever rules change.

In this guide, you'll learn

  • JLL Research and the Association of Senior Living India counted 22,157 organised senior-living units in India as of June 2025, up from 20,807 at the end of 2024. Organised here means purpose-built campuses run by professional operators, not old-age homes or ordinary apartments.
  • The same 2025 report puts the addressable market at about 1.7 million urban senior households that consultants judge able to pay for this kind of home in 2025, rising to about 2.3 million by 2030. Built homes are about 1.4 percent of that paying group.
  • Against all Indians aged 60 and above, the same 22,157 units are about 0.014 percent. That is a derived ratio, not a JLL headline: most older people still live in family houses.
  • JLL-ASLI (2024) put South India at 60 percent of organised stock, with Chennai, Coimbatore, and Bengaluru together about 45 percent of the national total. KPMG and CREDAI (March 2025) put independent living at 84 percent of organised units, and outright sale (a normal owned home) at 85 percent.
  • On launched independent-living sale prices, JLL-ASLI (2024) said 81 percent sat between Rs. 50 lakh and Rs. 1 crore. Colliers (May 2024) put the average independent-living sale price at Rs. 1 to 2 crore, depending on the city.
  • Stabilised, well-managed projects in the JLL-ASLI 2025 sample run at 80 to 85 percent occupancy. That is not a national average of every listing that Google calls a retirement home.

India already has a very large older population. Purpose-built senior living, as developers and consultants count it, is still a small housing product.

The last completed census counted 10.38 crore people aged 60 and above in 2011. Official projections put that group near 16 crore by 2026 and past 22 crore by 2036. Against that, JLL and the Association of Senior Living India (ASLI), the operators’ trade body, counted 22,157 organised senior-living units in June 2025. Organised, on this page, means purpose-built campuses run by professional operators, not old-age homes and not ordinary apartments later labelled “retirement.”

Those two facts can live in the same paragraph only if you keep the definitions straight. Most older Indians live in a family house. Organised senior living is a thin, mostly for-sale, mostly southern slice of housing with an age rule and campus services. This page counts that slice, and only that slice.

Families can read the social ratio (homes against all people aged 60-plus). Investors can read the 1.7 million paying pool. The sections below feed both. Every figure has a named source. Where two reports disagree, both are on the table.

If you need the product explained in plain words first, start with what senior living is in Tamil Nadu. This post does not walk through how to buy a home. It stays with the statistics.

22,157 units Organised stock, June 2025
1.7 million Addressable households, 2025
1.4% Of households who could pay, not of all 60-plus
60% South Of 2024 organised stock (JLL-ASLI)

Sources: JLL-ASLI Elevating the Golden Years 2.0 (June 2025 stock); JLL-ASLI 2024 (South share)

What this page is counting

Three mix-ups ruin most senior-living statistics in India. Keep these three distinctions, and the figures below stay usable.

Age. Indian law, the census elderly tables, and UNFPA’s India report use 60 and above. UN and WHO tables often also print 65 and above, which is a smaller group. In 2025, UN World Population Prospects 2024 puts India’s 60-plus share at 11.1 percent and the 65-plus share at 7.4 percent. Mixing the two changes the story.

Census versus projection. Census 2021 did not happen. Every 2021-2036 elderly figure from the Government of India is a projection from the National Commission on Population (NCP / Ministry of Health, Technical Group report dated 2019 and widely circulated as a 2020 upload), built on Census 2011 and Sample Registration System data. The next enumeration is Census 2027. The UN 2050 figures sit close to the Indian series. They come from a different model.

Housing versus welfare versus care. Organised senior living, in the JLL, ASLI, KPMG, and Colliers counts, is purpose-built independent living (and a smaller assisted-living stock) run by professional operators. An old-age home under the 2007 Act is a welfare idea for people who cannot maintain themselves. Assisted-living care homes bill a monthly service. Google and maps scrapes jumble all three. This page does not.

The rule, in one line Quote the organised housing census (about 22,000 units) next to the elderly population (about 15 to 16 crore now) only if you also say that most of those crores still live with family. For an investor: 22,157 homes against about 1.7 million households who could pay, about 1.4 percent. For a family: 22,157 homes against 15 crore-plus people aged 60 and above, about 0.014 percent. Most older people still live in a family house.

How many Indians are 60 and above

Census 2011, the last full count, found 103.8 million people aged 60 and above, 8.6 percent of 1.21 billion. MoSPI’s Elderly in India 2016, from those tables, split that group as 73.3 million rural (71 percent) and 30.6 million urban (29 percent). Kerala had the highest major-state share at 12.6 percent. Tamil Nadu was 10.4 percent. Maharashtra was 9.9 percent.

The National Commission on Population then projected the same 60-plus group forward. Table 17 of that report is the series UNFPA uses for states.

Year (1 March) India 60-plus Share of population
2011 (smoothed) 101.6 million 8.4%
2021 137.9 million 10.1%
2026 163.1 million 11.5%
2031 193.8 million 13.1%
2036 228.1 million 15.0%

Source: National Commission on Population, Population Projections for India and States 2011-2036, Table 17. The 2011 row is the report's smoothed figure; the enumerated Census 2011 count was 103.8 million (8.6%).

India's 60-plus population more than doubles in the official projection between 2011 and 2036.

UNFPA and IIPS, in the India Ageing Report 2023, put 149 million aged 60-plus on 1 July 2022 (10.5 percent). For 2050 they use UN World Population Prospects 2022: 347 million, 20.8 percent. The 2024 UN revision is almost the same: 346 million, 20.6 percent. WHO’s SEARO fact sheet, drawing on that 2024 revision, rounds the 2050 share to 21 percent, and puts 80-plus at 15.5 million (1.1 percent) in 2024.

A 2022 PIB note once printed 17.32 crore elderly in 2026. Table 17 of the projection report says 16.31 crore (163.1 million). Use the table. The PIB figure looks like a slip.

For every 1,000 people of working age (15 to 59), the same official report counts 157 people aged 60-plus in 2021, and 231 by 2036. More parents relative to working-age children, even while most families still share a roof.

Where the country is ageing first

The national average hides the South.

Geography 2021 share (count) 2036 share (count)
India 10.1% (137.9 m) 15.0% (228.1 m)
Kerala 16.5% (5.85 m) 22.8% (8.42 m)
Tamil Nadu 13.6% (10.42 m) 20.8% (16.25 m)
Karnataka 11.5% (7.66 m) 17.2% (12.38 m)
Maharashtra 11.7% (14.55 m) 17.1% (23.37 m)
NCT Delhi 9.3% (1.90 m) 14.2% (3.78 m)

Source: NCP Table 17, the same series UNFPA charts. Some UNFPA figures round Tamil Nadu 2021 to 13.7%. The table is 13.6%.

Kerala and Tamil Nadu cross 20 percent aged 60-plus by 2036. India as a whole hits that band only around 2050 in the UN series.

That is why Chennai and Coimbatore filled up with campuses first, and why organised campuses are still scarce north and east of that belt. Tamil Nadu’s ageing is a demographic fact in this table. It is not, by itself, a count of 55-plus gated communities in every district.

Who older people live with

Organised senior living sells a home among peers. The default in India is still a home among children.

LASI Wave 1 (2017-18), run by IIPS with the Ministry of Health, sampled 31,464 people aged 60-plus in households. It does not cover people already in old-age homes. The executive summary’s living-arrangement split for 60-plus is roughly:

  • with spouse and children: 41 percent
  • with children, without spouse: 28 percent
  • with spouse only: 20 percent
  • living alone: 6 percent (about 9 percent of elderly women)

Collapse the two groups who live with a child, and about seven in ten still share a house with a son or daughter. Collapse alone and spouse-only and you get about one in four in a household that has no child in it. UN DESA figures compiled by WHO for 2020 are in the same neighbourhood: 4.7 percent alone, 15.4 percent spouse only, 73.2 percent with children.

UNFPA, working from LASI microdata, puts the group who live alone or with a spouse only at about one-fifth. LASI’s published split is closer to one in four. Same direction, slightly different rounding. UNFPA also notes that the South shows a higher share of older women living alone. That smaller group, older people not living with a child, is the household type this product is built for. It is still a minority of households. It is no longer a rounding error.

LASI also records why a campus clinic shows up even in independent living. Among people 60-plus: 32 percent diagnosed hypertension, 14 percent diagnosed diabetes (26 percent in Tamil Nadu, 35 percent in Kerala), 23 percent with two or more diagnosed chronic conditions, 24 percent with at least one limitation in daily activities. Those are household survey rates. They are not a reason to treat independent living as a hospital.

UNFPA, using SRS abridged life tables for 2015-19, puts life expectancy at age 60 at 18.3 years (19.0 for women, 17.5 for men). WHO’s healthy-life-expectancy series at 60 sits several years below that. The extra years after 60 are real. They are not all healthy years. A clinic on campus does not mean the home is a hospital.

Organised supply: 22,157 homes

This is the number to cite in 2026, until a later census replaces it.

JLL Research with ASLI, Elevating the Golden Years 2.0, counted 22,157 organised units as of June 2025. The same chart shows 20,807 at year-end 2024 and 7,147 in 2014. Average annual launches stepped up after the pandemic, from about 1,150 a year to about 2,060 a year in the later window.

The November 2024 JLL-ASLI report, which many 2025 articles still quote, said more than 20,000. That was the same series, one year earlier. It is not wrong. It is dated.

Other firms, same order of magnitude, different lists:

Who counted When What they published
JLL-ASLI 2.0 June 2025 stock 22,157 organised units
JLL-ASLI 1.0 Late 2024 More than 20,000 specialised units
KPMG-CREDAI March 2025 21,000-plus organised inventory
Colliers India May 2024 Close to 20,000 organised units
CBRE April 2024 About 18,000 units
Savills India July 2025 120-plus projects in 25 cities (no unit total)
ANAROCK (quoted July 2025) 2025 press Fewer than 70 projects developed or ongoing

Sources: each firm's named report or press note, listed at the end of this page. Project counts and unit counts are not interchangeable.

Five consultancies, one conclusion: organised stock is still in the low tens of thousands of homes.

JLL-ASLI 2024 also said the top ten operators hold about 81 percent of senior-living units. That is a concentrated industry, not a long tail of equivalent campuses.

The 2014-2025 arc is growth from a very small base. 7,147 units in 2014 to 22,157 in June 2025 is roughly a threefold rise in eleven years. It is still a rounding error on 16 crore people aged 60-plus. A category can grow quickly in percentage terms and remain tiny in housing terms. Both are true here.

Do not use Google Maps-style listings as a substitute. One vendor’s 2026 scrape listed hundreds of “retirement homes” in a single state by sweeping old-age homes, lodges, and care listings into one category. That is not a housing census.

Demand, and two different penetration rates

JLL and ASLI model an addressable market: urban, financially independent seniors who could consider the product.

  • 2024 report: 1.57 million households in 2024, about 2.27 million in 2030.
  • 2025 report: about 1.7 million in 2025, about 2.3 million in 2030.

Built homes against that 2025 pool are about 1.4 percent (22,157 / 1.7 million is about 1.3 percent; JLL rounds the published share to ~1.4 percent). In 2024 they printed 1.3 percent on the older stock figure.

CBRE, in April 2024, used a smaller target: about 1 million households then, 2.5 million in ten years, against 18,000 units, and called the share about 1 percent. Colliers, in May 2024, spoke of 18 to 20 lakh units of current demand. Those are not the same model. Colliers is counting homes people might want. JLL is counting households who might be able to buy. Do not add the two. They agree on the shape: demand, as consultants define it, is roughly a hundred times the number of homes already built.

Now the social ratio, which JLL does not headline. Using 22,157 units and the official 2026 projection of 163 million people aged 60-plus:

22,157 / 163,148,000 ≈ 0.014 percent, or about 1.4 homes per 10,000 people aged 60-plus.

Use UN’s 2024 count of 156.7 million aged 60-plus and you get the same 0.014 percent. Use Census 2011’s 103.8 million and you get 0.021 percent, which is stale because the denominator is 15 years old.

JLL compares India’s 1.4 percent of the addressable market with about 6 to 7 percent in the United States and 14 to 15 percent in New Zealand. Those foreign figures are not “share of all people over 60 living on a campus.” They are mature-market penetration of a paying product, with a large rental and care-ops mix. India’s organised product is still mostly homes sold outright. Put the comparison in a footnote, not in a bar chart that pretends the denominators match.

The 1.4 percent trap 1.4 percent of 1.7 million households is a small paid market with room to grow. 0.014 percent of all people aged 60-plus is a rounding error on national ageing. Both sums are true. Only the first is an industry share of the paying group. Only the second tells you that family houses still do almost all the housing of older India.

Where the homes actually are

JLL and ASLI did not republish a regional split in the 2025 update. The 2024 split, on the then ~20,000-unit stock, is still the one journalists use:

South 60% Chennai + Coimbatore + Bengaluru ~45% of India
North 20% Delhi-NCR ~14% of India
West 16% Pune + Ahmedabad ~13%
East 4% Kolkata ~4%

Source: JLL-ASLI, Elevating the Golden Years, 2024, Figure 10. KPMG-CREDAI (March 2025) put the South at 62% on a different zone map. Their "Central" 13% is Maharashtra, Gujarat, West Bengal, and Madhya Pradesh.

KPMG and CREDAI, March 2025, published city unit counts from a non-exhaustive list of organised developers. Treat the city table as a snapshot of where inventory clustered, not as a complete municipal register.

City Organised units (KPMG list) Homes vs that city's 60-plus
Coimbatore 4,159 ~0.7%
Bengaluru 3,802 ~0.4%
Chennai 3,594 ~0.5%
Pune 2,764 ~0.2%
Hyderabad 627 ~0.2%
Kolkata 422 ~0.1%

Source: KPMG-CREDAI, March 2025, city table. These city percentages are homes compared with that city's older population, not with the 1.7 million national paying group. The list is non-exhaustive.

Coimbatore leads this list. That matches a long-running independent-living cluster. It does not mean Coimbatore has enough homes for every older resident.

Savills (July 2025) counted share of projects, not units, and put the South at 68 percent, West 15 percent, North 11 percent, Central and East 6 percent. ANAROCK has said more than 60 percent of projects sit in tier-2 and tier-3 cities. A project in Coimbatore can be 2,000 homes. A project in a hill town can be 40 villas. Unit share and project share will not match.

Independent living, assisted living, and old-age homes

Independent living is a home. You buy or sometimes rent a villa or flat. An age rule decides who may live there as a resident. Meals, a clinic, a guard, and a dining hall are campus services. You keep a front door.

Assisted living is a care setting. Staff help with bathing, medicines, walking, or memory. You are usually buying a monthly service, not a conventional sale deed.

KPMG-CREDAI (March 2025): 84 percent independent living, 16 percent assisted living of organised units. Tenure on the same page: 85 percent outright sale, 10 percent leasehold, 5 percent pure rent.

JLL-ASLI 2024: independent living over 85 percent of inventory. JLL-ASLI 2025: more than 85 percent sold as a normal owned home (freehold). The 2025 report did not reprint the independent-versus-assisted split. If you write “85 percent independent living” in 2026, cite the 2024 JLL report or the 2025 KPMG 84 percent. If you write “85 percent sold as an owned home,” cite JLL 2025.

Savills 2025 printed independent living at about 90 to 95 percent and assisted living at 35 to 40 percent. Those cannot both be exclusive shares of the same stock. They are either overlapping (a campus offering both) or a drafting error. This page does not use them as a clean split.

Old-age homes are a third pile. Section 19 of the 2007 Act lets a state set up homes for indigent senior citizens, with a sketched minimum of one per district and 150 residents. In December 2021 the Ministry of Social Justice told Parliament it supported 551 NGO-run Senior Citizen Homes under a central scheme, housing 16,290 destitute elderly, and that it does not maintain data on privately managed old-age homes. HelpAge-era directories of 700-odd homes are not a 2026 census. They also are not JLL’s 22,157.

Athulya Senior Care, with homes in Chennai and other cities, is the public example of the care-home model: monthly packages, clinical staffing, no township sale. It is a real business. It is a different statistic.

What homes sell for, and what monthly fees look like

There is still no official price index for this product. What exists is launch mix from JLL, an average from Colliers, and whatever operators print on their own sites.

JLL-ASLI, 2024 launches

  • 1 BHK: typically Rs. 50 to 70 lakh
  • 2 BHK: typically Rs. 70 lakh to Rs. 1 crore
  • Larger / luxury: Rs. 1 to 2 crore and above
  • 81 percent of launched units: Rs. 50 lakh to Rs. 1 crore

JLL’s chief economist, speaking at ASLI’s Ageing Fest in November 2024, called a sale price of Rs. 70 to 75 lakh “quite high for the normal public,” and pointed at monthly operating cost, not only the purchase price, as the barrier. That was a speech, not an average from a price survey.

Colliers, 13 May 2024: independent-living average sale price Rs. 1 to 2 crore, depending on the city. Colliers did not publish a city grid in that note.

Serene’s own FAQ (generic India copy, still on the site in 2026): purchase “Rs. 25 to 30 lakh for a 1 BHK to over Rs. 1 crore for a 3 BHK”; service charge Rs. 10,000 to 40,000 a month excluding meals.

Older city tables that still circulate (Bangalore Rs. 13 to 90 lakh, Coimbatore up to Rs. 1.5 crore, food Rs. 9,000 to 15,000) are brochure-era compilations. They are not 2026 fact.

Monthly fees are a second product. Sale communities add a monthly maintenance charge, meals, and sometimes a care package. Deposit-and-monthly communities (The Golden Estate in Delhi NCR is the fully public tariff sheet) never sell you the flat. Assisted-living homes bill like a care service. Comparing a Pune 1 BHK “from Rs. 32 lakh” with a Gurugram “Rs. 4.5 crore onwards” and a Delhi deposit of Rs. 25 to 40 lakh without saying which model you are in is how price comparisons mislead.

Named operators, with the figures they publish

No ranking. No “best.” If a number is not on the operator’s site, in a filing, or in named press quoting an executive, it is not in this table. Aggregator listing sites are out.

Operator Public scale Age / model Public price (as published)
Ashiana Housing (listed) More than 3,090 senior units delivered; about 2,850 under construction (joint managing director to The New Indian Express, 7 Jun 2026). About 950 senior homes already in Chennai. 55-plus to reside at Advik and Vatsalya. Sale. Advik, Bhiwadi: Rs. 84.78 to 161 lakh on the operator site. Vatsalya, Chennai: Rs. 74 to 163 lakh all-inclusive. Older Utsav Jaipur leftover stock lists much lower; that is not a 2026 NCR/Chennai comparable.
Paranjape Athashri 16th community launched Dec 2024; 13 in Pune, 2 in Vadodara, 1 in Bengaluru; 2,500-plus families (24 Dec 2024 PR). Brand site also lists 16-plus completed communities. Independent senior housing, sale. Age not numbered on the homepage. Athashri Ananda: 1 BHK from Rs. 32.45 lakh, 2 BHK from Rs. 52 lakh. Athashri B3: 2 BHK from Rs. 72 lakh plus taxes, 3 BHK from Rs. 92 lakh plus taxes.
Ananya's Nana Nani Homes, Coimbatore Phase 1 June 2010; more than 1,000 houses handed over; several hundred under construction (operator FAQ). Permanent resident 50-plus. Sale. Phase 6 apartments listed Rs. 44.97 lakh to Rs. 1.09 crore on the operator booking portal (as of the 2026 fetch). Later phases on the same site run higher, including villas listed in crores. Recheck the live page before quoting.
Serene / Columbia Pacific Nov 2025: 10 communities, about 1,700 units (CEO to HT). Jul 2026 PR: 2,000-plus homes, 11 communities. NRI page: 55 to buy. Mostly sale; rental assisted described as a new vertical. CEO bands moved: Nov 2025 Rs. 60 lakh to Rs. 1 crore; Jan 2026 Rs. 70 lakh to Rs. 1.5 crore. NRI page quotes Rs. 47.14 lakh (1 BHK) to Rs. 1 crore (3 BHK). Project pages often say enquire.
Casagrand Cheers, Chennai 331 homes, 5.2 acres (operator site). After 50. Sale of furnished 1/2/3 BHK. PTI, 1 April 2025: starting Rs. 89 lakh. Official cheers site does not print rupees.
Antara (Max) / Max Estates Dehradun: 200 apartments on 14 acres. Noida Sector 150 listed as 340 units and sold out on CommonFloor (aggregator; sold-out status only). Gurugram with Max Estates. Dehradun is lifetime leasehold, not simple freehold. Gurugram and Noida marketed as residences for sale. Gurugram: Rs. 4.5 crore onwards (Max Estates). Dehradun sale prices omitted on the official FAQ. Monthly campus-and-care charge (the operator's Comprehensive Benefit) Rs. 40,000 to 1.13 lakh, by apartment size.
CovaiCare, Coimbatore and others Over 600 seniors across four communities (brand site). Covai S3: 130 villas, operational 2006. Independent villas plus assisted / dementia at Chinmayam. Sale and a rental page without a public tariff table. Official pages: enquire. Third-party monthly figures are not used here.
The Golden Estate (UCC Care), Delhi NCR Unit count not published on the stay-options page. Independent and assisted. Not a freehold sale. Trial, short stay, or refundable deposit plus monthly. Operator tariff: trial Rs. 3,500 a day single; long-stay Option A deposit Rs. 25 to 40 lakh with monthly Rs. 99,977 (single) and Rs. 1,24,257 (double), GST as labelled on site; Option B deposit Rs. 8 lakh with higher monthly (Rs. 1,26,704 / Rs. 1,50,984 onwards).
Primus / Wadhwa Primus Olympia (with Gopalan), Bengaluru: 112 two-bedroom homes. Wadhwa Primus Swarna, Panvel: "Mumbai's first senior living" on the Wadhwa site. Olympia press: 55-plus. Sale. Olympia: from Rs. 98 lakh in a 24 June 2026 press note; campaign pages have also said from Rs. 1.04 crore. The official Swarna page does not publish a rupee figure.
Godrej + Vedaanta, Bengaluru Senior tower at Godrej Royale Woods, Devanahalli. RERA number on the Godrej landing page. Sale as marketed. Enquire for age and sale prices. Not published on that landing page.
Tata Value Homes, Riva Manasum Homes, June 2025, described 187 ready senior homes inside New Haven, Tumkur Road. Senior living inside a township. Live Tata Housing campaign no longer prices Riva. No live operator sale price as of August 2026. Aggregator Rs. 45 / 70 lakh figures are not used here.
Athulya Senior Care Multiple Chennai homes plus other cities. Care beds, not a sold township. Assisted living and home healthcare. Monthly packages. Corporate site: no rupee table. Third-party monthly guides exist. They are not Athulya's own published figures.

Sources: operator pages and named press in the source list. Fetched August 2026. Prices move. Recheck the live page before you quote a rupee figure in a memo.

Public numbers only. A blank cell is more honest than an aggregator guess.

Vedaanta also runs small villa communities in Coimbatore (Vistara is listed as 25 villas) and has been named as the operator partner on the Godrej tower. DLF announced a dedicated senior-living project in Gurugram in August 2026 without official prices. Those belong on a watch list, not in a priced table.

Occupancy and the 2030 pipeline

JLL-ASLI 2.0: occupancy in stabilised, well-managed projects 80 to 85 percent. Read that as a quality sample. Lease-up projects and weak operators are not in that band by definition.

The 2025 report’s incremental supply, June 2025 to 2030, is a set of what-if cases, not a count of buildings already coming up:

JLL-ASLI 2.0 case Incremental units Capital (approx.) 2030 penetration of addressable market
Baseline ~14,900 ~Rs. 26,000 crore 1.6%
Accelerated ~25,500 ~Rs. 39,000 crore 2.1%
Policy-led boom ~34,600 ~Rs. 50,100 crore 2.5%

Source: JLL-ASLI 2.0. Incremental units are launches 2025-2030, not total stock in 2030. Baseline total would be about 22,157 + 14,900, not 15,000.

Headlines that say "15,000 senior homes by 2030" are describing the baseline increment, not the installed base.

Market-size headlines to keep apart:

  • JLL-ASLI 2024: existing housing about USD 1.8 billion (Rs. 15,500 crore); about USD 7.7 billion by 2030 in that report’s growth case.
  • JLL-ASLI 2025: about USD 8.0 billion / Rs. 69,400 crore in the policy-led case that adds boom-case supply to existing stock.
  • Colliers, May 2024: about USD 2 to 3 billion now, about USD 12 billion by 2030, growing more than 30 percent a year on that firm’s method.
  • ASLI chair quotes in August 2025 coverage: about USD 50 billion senior-care industry by 2030, about 20 percent a year. That is housing plus care and services.

Savills (July 2025) put the current segment around USD 1 to 2 billion, and a 2025-2030 investment need of USD 4.8 to 8.4 billion (Rs. 41,000 to 72,000 crore) with 627 to 1,000 acres of land. Same direction. Different model.

Colliers’ May 2024 press note, as we could open it, did not print a 90,000-unit 2030 stock figure. Some secondary articles later attributed that number to Colliers. Treat 90,000 as a quote of a quote until it appears in a Colliers PDF.

How to use these numbers without inflating them

A family reading this does not need a growth-rate acronym. The useful picture is simpler. The product exists. It is still rare. It clusters where states aged first. Most of it is a home you own, not a bed in a welfare home. The sale price, where operators publish one, is usually in the same band as a regular city apartment, then you pay again every month for meals and campus care.

An investor reading this does not need a brochure. Organised stock is still in the low tens of thousands of homes. The top ten operators hold most of it. The South holds most of it. Most of it is sold as a normal owned home. Good, already-filled projects run at 80 to 85 percent occupancy. Modelled demand is about a hundred times built stock. Even JLL’s boom case leaves 2030 in the low single digits of the paying pool. That is an early category, not a mature one. A small category can still go wrong if the monthly fees, staffing, and actual occupancy do not match what the brochure promised.

What this page will not do is turn those facts into a rental yield, an investor return rate, or a “buy now” line. Those are not published as a national series, and inventing them would make the rest of the census worthless.

If you are comparing campuses as a family, the visit still matters more than this table. That is what to look for in a senior living home. If the question is which Tamil Nadu city the parents might actually live in, that is Salem versus Chennai versus Coimbatore.

A Salem campus, at the end

The rest of this page is national. Salem is one city on that map, not a substitute for Coimbatore’s existing stock or Chennai’s.

Maghilvanam is a Vilva Homes 55-plus independent-living community in Vinayagam Patty, in the Yercaud foothills. Families already live in the villas. It is a home with an age rule and campus services, not an old-age home.

This article does not publish Maghilvanam prices. For the project page, see Maghilvanam. For what the category is, stay with senior living in Tamil Nadu.


Chola Builders has been building in Salem since 1994. If you want to talk through what the national numbers mean for a family in this city, call us or send a WhatsApp.

Common buyer questions

How many senior living units are there in India?
The most recent organised census is 22,157 units as of June 2025, counted by JLL Research with the Association of Senior Living India (ASLI). The same series showed 20,807 units at the end of 2024 and 7,147 in 2014. KPMG with CREDAI wrote 21,000-plus in March 2025. CBRE wrote about 18,000 in April 2024. Those firms do not use identical inclusion lists, so treat them as the same order of magnitude, not as one audited register. Maps directories that list hundreds of retirement homes mix old-age homes, care beds, and lodges into the same bucket and should not be used as inventory.
How many Indians are aged 60 and above?
The last completed census, in 2011, counted 103.8 million people aged 60 and above, 8.6 percent of India. The 2021 Census was postponed. Official Government of India projections (National Commission on Population / Ministry of Health) put 60-plus at 137.9 million in 2021 (10.1 percent), 193.8 million in 2031 (13.1 percent), and 228.1 million in 2036 (15.0 percent). UNFPA's India Ageing Report 2023, using UN World Population Prospects 2022, put 149 million aged 60-plus on 1 July 2022, and about 347 million by 2050. UN World Population Prospects 2024 is close: about 346 million, 20.6 percent, in 2050. Indian law treats a senior citizen as a person who has turned 60.
What is the demand for senior living in India versus the supply?
JLL and ASLI (August 2025) estimate about 1.7 million urban senior households that consultants judge able to pay for this kind of home in 2025, and about 2.3 million by 2030. Organised supply was 22,157 units in June 2025. That is about 1.4 percent of that paying group, not 1.4 percent of all older Indians. CBRE (April 2024) used a smaller target of about 1 million households against about 18,000 units. Colliers (May 2024) spoke of 18 to 20 lakh units of demand against close to 20,000 organised units. Colliers is counting homes people might want. JLL is counting households who might be able to buy. Do not add the two. None of these demand figures is a waiting list.
Why is most organised senior living in South India?
Southern states aged earlier because fertility fell earlier. Government of India projections used by UNFPA put Kerala's 60-plus share at 16.5 percent in 2021 and 22.8 percent in 2036, and Tamil Nadu's at 13.6 percent in 2021 and 20.8 percent in 2036, against 15.0 percent for India as a whole in 2036. JLL and ASLI (2024) attributed 60 percent of organised senior-living stock to the South, with Chennai, Coimbatore, and Bengaluru together about 45 percent of the national total. KPMG and CREDAI (March 2025) put the South at 62 percent of their organised inventory. That is where operators built first. It is not a ranking of cities as places to retire.
What does a senior living home cost in India?
There is no single national price. JLL and ASLI, on 2024 launches, said a typical 1 BHK sat around Rs. 50 to 70 lakh, a 2 BHK around Rs. 70 lakh to Rs. 1 crore, and larger or luxury units above Rs. 1 crore, with 81 percent of launched units between Rs. 50 lakh and Rs. 1 crore. Colliers, in May 2024, put the average independent-living sale price at Rs. 1 to 2 crore, depending on the city. Named operators who publish numbers sit across that spread: Paranjape's Athashri Ananda in Pune lists 1 BHK from Rs. 32.45 lakh; Casagrand Cheers in Chennai was reported by PTI in April 2025 as starting at Rs. 89 lakh; Ashiana Vatsalya in Chennai lists Rs. 74 to 163 lakh all-inclusive on the operator site; Antara with Max Estates in Gurugram lists Rs. 4.5 crore onwards. Monthly service charges are a second bill. Serene's own FAQ cites Rs. 10,000 to 40,000 a month excluding meals as a generic band. Antara's Comprehensive Benefit is listed at Rs. 40,000 to 1.13 lakh a month by apartment size. These are public figures from those firms or named press. They are not a recommendation and they are not a national index.
Is senior living the same as an old-age home?
No. Organised senior living, as JLL, ASLI, and KPMG count it, is mostly independent living: a villa or flat in an age-restricted community, usually sold outright, with campus services. An old-age home, in the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, is a welfare institution a state may set up for senior citizens who cannot support themselves. The Ministry of Social Justice told Parliament in 2021 that it supported 551 NGO-run homes under a central grant. A separate December 2021 reply put 16,290 destitute elderly in those aided homes, and said the government does not maintain data on privately managed old-age homes. Adding those welfare beds to the 22,157 housing units invents a supply figure neither source published.
What share of India's senior living is independent living versus assisted living?
KPMG and CREDAI (March 2025) split organised units as 84 percent independent living and 16 percent assisted living. JLL and ASLI's 2024 report said independent living was over 85 percent of inventory. Their 2025 update did not republish that split. It did say the outright-sale model (a normal owned home, not a time-limited lease) is more than 85 percent of organised stock. Do not treat those two 85 percent figures as the same fact. Athulya and similar operators run assisted-living care homes billed as a service, not as a conventional apartment sale. They belong in the care column, not in the 22,157 housing census, unless a given report explicitly includes them.
What occupancy do senior living projects in India run at?
JLL and ASLI (August 2025) say occupancy in stabilised, well-managed projects hovers between 80 and 85 percent. That means projects that are already up and running, not every project that has launched, and not new projects still filling empty homes. There is no public national occupancy series from Knight Frank, ANAROCK, or CBRE for this product.
How big will the senior living market in India be by 2030?
JLL and ASLI's 2024 report valued existing senior-living housing at about USD 1.8 billion (about Rs. 15,500 crore) and sketched about USD 7.7 billion by 2030 under their growth case. The 2025 update sketches about USD 8.0 billion, or about Rs. 69,400 crore, in a policy-led case that adds existing stock to a large increment. Colliers (May 2024) used a different method and wrote about USD 2 to 3 billion now and about USD 12 billion by 2030. ASLI's chair has also spoken of a USD 50 billion senior-care industry by 2030. That last figure folds in care and services, not only housing. Do not paste the housing number and the care-industry number into one chart.
Which companies operate senior living in India?
There is no official licence list. Public operators with published scale include Ashiana Housing (listed; more than 3,090 senior units delivered as of June 2026, per its JMD in The New Indian Express), Paranjape Schemes' Athashri (16-plus communities, 2,500-plus families, per a December 2024 PR and the brand site), Ananya's Nana Nani Homes in Coimbatore (more than 1,000 houses handed over, operator FAQ), Serene Communities / Columbia Pacific (about 1,700 to 2,000-plus homes across 10 to 11 communities in 2025-26 press), Antara Senior Living (Max group; Dehradun, Noida, Gurugram), Casagrand Cheers (331 homes in Chennai, operator site), CovaiCare (four communities, over 600 seniors on the brand site), Primus, Wadhwa's Primus Swarna in Panvel, Godrej Royale Woods' senior tower with Vedaanta in Bengaluru, and Tata Value Homes' Riva in a Bengaluru township. Athulya is assisted living and home healthcare, not a sold township. This page names them because they publish facts. It does not rank them.

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