Ashiana Housing Foresees Significant Investment Surge In India's Senior Housing Sector At Conclave 2024
Mr. Gupta estimating potential investments of Rs 5,000 - 7,000 crores by multiple developers over the next three years to meet this demand.
Ashiana Housing Ltd. is a leading real estate developer and specializes in senior living projects. Ashiana Housing Ltd. successfully concluded the Senior Living Conclave 2024 at The Grand Vasant Kunj, Delhi. The event attracted a lot of attention and participation perfectly showcasing a collective effort to improve retirement living in India.
Mr. Ankur Gupta, Co-founder of ASLI (Association of Senior Living in India) and Joint Managing Director of Ashiana Housing Ltd. has provided a platform for elaborative and insightful discussion regarding the evolving landscape of senior living. Discussions centered around addressing the growing demand for senior housing, with Mr. Gupta estimating potential investments of Rs 5,000 - 7,000 crores by multiple developers over the next three years to meet this demand.
The announcement of phase 2 of Ashiana Advik in Bhiwadi was a major highlight of the event and it also showcased the company's commitment to come up with innovative senior living solutions. Mr. Gupta also shed light on Ashiana's dedication to creating vibrant communities. He shared the information that the upcoming projects will get an anticipated investment of 700 to 1,000 crores and will be focused on fostering independent living for seniors.
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The event also shed light on the future endeavors of Ashiana's upcoming project in Bhiwadi, boasting extensive amenities such as a 29,000-square-foot club, sports facilities including pickleball and tennis courts, and dedicated yoga spaces. The project has given importance to much-needed services like healthcare and security ensuring the physical and mental well-being of residents.
The discussions at the Conclave also delved into the impact of senior living communities amidst the challenges posed by the COVID-19 pandemic, emphasizing their role in enhancing retirees' quality of life. The Conclave's success was evident with 600 attendees, reflecting the growing acknowledgment of the value senior living communities offer and signaling a promising trajectory for retirement living in India.
