India’s senior living sector is poised for significant transformation, with an estimated investment requirement of ₹41,000 to ₹72,000 crore between 2025 and 2030, according to a new report released by Savills India titled “Living the Years That Count.” As the country’s senior population grows at an unprecedented pace, the report highlights an urgent need for more robust, inclusive, and aspirational senior housing options—particularly across southern India.
The report projects that India’s elderly population will reach approximately 347 million by 2050, accounting for 21% of the total population. This demographic shift is triggering structural changes in the residential real estate segment, turning what was once considered a niche category into a lifestyle-driven housing market with long-term economic potential.
Southern States Lead Senior Housing Growth
Currently, 68% of senior living communities in India are located in South India, driven by factors such as moderate climate, superior healthcare access, and the cultural trend of older citizens returning to their hometowns post-retirement. The southern region continues to see demand from both resident Indians and overseas families seeking high-quality elder care ecosystems.
Tier 2 and Tier 3 cities are also playing a pivotal role in shaping the sector. As of 2025, 34% of all under-construction senior living projects are situated in non-metro locations such as Coimbatore, Thrissur, Guruvayur, Salem, Mysuru, Hosur, and Devanahalli. These areas are fast emerging as preferred destinations for senior citizens seeking community-oriented, cost-effective alternatives to urban centres.
Rental pricing in senior communities currently ranges between ₹25,000 to ₹1,00,000 per month, while purchase values for senior-specific homes vary from ₹25 lakh to ₹2 crore, depending on size, format, and location. The report observes that such pricing now reflects not only real estate value but also the embedded support, healthcare, and lifestyle services that cater to aging individuals.
Vedaanta Senior Living Responds to Sector Trends
Reacting to the findings, Vedaanta Senior Living, one of South India’s leading senior housing providers, reaffirmed its ongoing commitment to expanding eldercare communities across the region. The company, which currently operates eight active communities with over 800 residents, is planning an aggressive scale-up over the next year.
“The Savills report reinforces what has been at the core of Vedaanta’s vision for years—senior living in India is no longer a future concept, but a rapidly growing movement, with South India leading the way,” said Shreya Anand, Director at Vedaanta Senior Living.
According to Vedaanta, the company already commands 25% of South India’s senior living market share, and it plans to increase this to 40% by launching eight new communities over the next 12 months. These will span diverse formats, including active retirement housing, multigenerational homes, and lease-based or owned villas and apartments.
Vedaanta is investing ₹300 crore in the expansion, with a clear focus on regional growth in Tamil Nadu, Karnataka, and Kerala. Their projects emphasise holistic living environments that go beyond housing—offering wellness, security, and community integration tailored for seniors.
“Our core promise is to build ecosystems where seniors can thrive, stay connected, and age with grace, freedom, and complete peace of mind,” Anand added.
The Savills report urges policymakers, real estate developers, and private investors to treat senior housing as an integral part of urban planning. Despite the momentum, the sector still faces regulatory hurdles, lack of standardised guidelines, and insufficient infrastructure in many regions.
Industry experts anticipate that with better government support and clearer real estate norms, senior living could evolve into one of the most critical sub-segments of Indian housing in the coming decades—comparable to affordable housing and student housing in terms of size and impact.
