| Population boom |
Dependency & longevity |
| Senior population in India will triple by 2050 |
Old age dependency ratio will double in the next 25 years |
| 2023: 0.1 billion+ seniors |
2050: 0.3 billion+ seniors |
2024 ratio: 17% |
2050 ratio: 33% |
| By 2050, seniors will represent 1 in 5 people in India |
Life expectancy anticipated to increase to 74.2 years |
| Housing demand |
| A significant surge in demand for senior living units is projected |
| 2024 need: 1.57 million units |
2030 need: 2.27 million units |