India’s senior living housing market is on track for rapid expansion, with demand forecast to reach 2.3 million units by 2030. This surge comes as the elderly population in India continues to grow at an unprecedented rate. By 2025, the number of Indians aged 60 and above is expected to exceed 346 million, making up nearly 20% of the population.
The sector is evolving from traditional “old-age homes” into diverse, modern living options that cater to both independent and assisted living. These developments are equipped with specialized care facilities and are particularly prevalent in southern India, which has the largest share of the market, driven by both demographic changes and a high number of Non-Resident Indian (NRI) families.
The future of this growing sector is heavily influenced by developers and investors who are responding to the increasing demand for quality-driven housing solutions that prioritize health, wellness, and community engagement for senior citizens. As the market continues to expand, the senior living sector is poised to grow by over 300% by the end of the decade, with demand for housing units expected to double in the next six years.
