Senior living projects: Assess developer track record in service delivery
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar cautioned that maintenance costs in such projects often rise sharply, noted that transfer fees or profit-sharing clauses can hurt heirs, and suggested checking billing transparency and keeping separate contingency funds.
More of Abhishek's views on money management
The article looks at the growth of senior living projects in India, driven by an ageing population, nuclear families and children moving away. It covers the services and age-friendly design these communities offer, drawbacks such as high maintenance costs and limited resale, and what buyers should check about developers, operators and contracts.
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Senior living projects: Assess developer track record in service delivery