INCOME TAX6 Sept 2026
India’s senior living market to grow 4x, cross ₹1 trillion by 2030, Tier II, III cities to see most new projects: Report | Mint
India's senior living market may grow four times and cross ₹1 lakh crore by 2030, says a Colliers report. Organised supply could rise from about 25,000 units to 1 lakh units. Developers may invest over ₹130 billion, with 30-40% of new launches in Tier II and III cities. This brings more senior care homes to smaller cities, opening opportunities for developers and investors.
Key Statutory Highlights
- India's senior living market is expected to grow four times and cross ₹1 lakh crore by 2030.
- Organised senior housing supply could increase from about 25,000 units currently to 1 lakh units by 2030.
- Around 30-40% of expected new senior living projects are likely to come up in Tier II and III cities, including spiritual hubs.
Actionable Advice for Taxpayers / Founders:If you are a developer or investor exploring this sector, research emerging Tier II and III city projects and speak to your tax advisor before committing funds.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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