India's senior housing market to more than double by 2031: 5 key factors driving growth
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India's senior housing market will more than double by 2031, rising from $4.31 billion in 2026 to $11.43 billion.
- ✓A Square Yards report said changing family structures and demand for specialised care drive this growth.
- ✓Many seniors now prefer wellness-led communities in Tier-II cities and spiritual hubs over traditional metropolitan homes.
Story at a Glance
- Category
- MARKET
- Reported By
- Zee Business
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
India's senior housing market is projected to more than double in size over the next five years, rising from an estimated $4.31 billion in 2026 to $11.43 billion by 2031, as changing family structures, rising demand for specialised care and a growing preference for wellness-led communities reshape retirement living, according to the latest report by Square Yards.
In its report, titled "Expanding Horizons: The Next Growth Markets for Senior Living in India", the proptech company identifies 15 priority cities that could drive the next phase of growth in senior housing. The report assesses these markets based on factors such as healthcare access, connectivity, affordability, climate and social infrastructure.
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