“Compared with rapidly aging countries such as Japan and the UK, India has a retiree industry that’s still in its infancy, but many operators are ‘expanding aggressively,’ says Rahul Vaidya, a senior director at real estate broker Jones Lang LaSalle. India today has roughly 60 upscale retirement communities, up from 36 in 2020, and the market will expand at 10% annually over the next five years, Anarock Property Consultants in Mumbai predicts.”

From Bloomberg.