Colliers report

“India’s senior living market could become a Rs 1 lakh crore industry by 2030”

“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”

“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”

“This could add nearly 75,000 organised units, taking the total organised inventory from around 25,000 units currently to about 1 lakh by 2030”

“The report estimates that demand for senior living units could reach 28-30 lakh by 2030, compared with around 20-22 lakh currently”

“However, organised supply is expected to reach only around 1 lakh units by then, up from 25,000 at present”

“This would increase the penetration of organised senior living from about 1.3% currently to nearly 4% by 2030”

“Colliers expects 30-40% of new project launches to come from Tier II and III cities and spiritual hubs”