Decision to purchase such a property should be taken by researching costs, infrastructure, service standards
As India ages, the market to serve the elderly is expected to be worth almost $18 bn in five years
Such properties are designed for the elderly and give them company and security
The facility should be designed considering the needs of seniors and be secure for them
"They are also getting into warehousing, including for food, data, commodities etc. Warehousing is a big business now," Parekh also added
It is a good option to live an independent and activity-filled life, but don't buy it as an investment