Growing old, living better: India’s senior real estate market to hit Rs 1 lakh crore
India's senior living real estate market is projected to grow from Rs 30,000 crore to over Rs 1 lakh crore by 2030. The sector is seeing increased institutional investment and a shift toward organized housing units in both major cities and emerging spiritual hubs.
Why it matters
As India's demographic profile shifts, the demand for specialized senior care infrastructure is creating a significant new asset class for real estate developers and investors.
India’s senior living market could become a Rs 1 lakh crore industry by 2030 as more people seek organised housing options for seniors and developers and investors increase their focus on the segment, according to a Colliers report.The market is currently worth around Rs 30,000 crore, nearly 70% higher than its 2024 level. Colliers expects it to grow to around Rs 70,000 crore by 2028 and cross Rs 1 lakh crore by 2030.For seniors and their families, the expansion is expected to mean a much larger choice of organised senior living communities. More than Rs 13,000 crore in investments announced since 2025 is expected to be deployed in senior living projects over the next three to four years.
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