Senior Living Projects in Mangalore: A Growing Market

Mangalore, the coastal city located in the southern part of India has recently witnessed a surge in the number of senior living projects. As the city is home to a large number of senior citizens, developers are increasingly tapping into this growing market to cater to the needs of the ageing population.

The demand for senior living projects has risen due to a combination of factors including improved health care, rising life expectancy and changes in family structure. With more youngsters moving to cities for work and other opportunities, it has become increasingly difficult for the elderly to live alone in their homes. Hence, senior living projects have emerged as a popular option for retirees looking for a secure, comfortable and independent lifestyle.

One such project is the 'The Golden Estate,' located in the heart of Mangalore. Spread over an area of five acres, the project offers a range of amenities such as 24x7 medical assistance, 3-4 meals a day, housekeeping and laundry services, transportation services, activity center and a full-fledged gymnasium. The project also boasts of lush green gardens, walking tracks, and a swimming pool, ensuring that the residents can lead an active and healthy lifestyle.

The demand for senior living homes is growing rapidly in Mangalore, as more people recognize the need for a safe and secure living environment for seniors. Senior living homes offer an ideal solution for retirees who are seeking an active and independent lifestyle, with the added benefits of support and care, said Mr. Ashish Verma, CEO of The Golden Estate.

Another popular project is 'Athulya Assisted Living,' which is located in the outskirts of the city. The project has been designed keeping in mind the needs of seniors, with features such as wheelchair accessibility, emergency response systems, and well-equipped medical facilities. The project also offers a wide range of activities such as yoga, meditation, indoor games, and cultural events, allowing seniors to stay mentally and emotionally engaged.

With an ageing population, there is a growing need for solutions that cater to the needs of seniors. Senior living projects provide a secure and comfortable environment for seniors to live, while giving them the independence to pursue their interests and hobbies, said Mr. Sanjay Vasudevan, CEO of Athulya Assisted Living.

Industry experts predict that the demand for senior living projects will continue to rise in the coming years, with more developers entering the fray. As the senior population grows in Mangalore, these projects are expected to play a crucial role in promoting healthy ageing and ensuring quality of life for seniors.

In conclusion, senior living projects have emerged as a promising and lucrative market, as the demand for secure and comfortable living options for seniors continues to rise. With top-notch facilities and personalized care, these projects provide seniors with an ideal solution for a seamless transition into the golden years of their lives.

Navigating the world of real estate can be as thrilling as it is complex. From the latest market trends to tips on securing the perfect home loan, our blog aims to demystify the process, offering insightful articles that cater to first-time buyers and seasoned investors alike. Whether you're exploring upscale urban developments or charming suburban neighborhoods, stay informed and inspired with our curated content, designed to help you make informed decisions in your real estate journey.