Which Are The Best Value For Money Retirement Homes In India?


Aerial Photography Of Jaipur City Skyline

Thinking of retiring to India and want to know what the retirement homes are like?  This article will look at multiple retirement villages in India and discuss the quality, cost, safety and lifestyle of those retirement homes.

There are multiple places you can find good quality retirement homes in Indian such as: Lavasa, Bhiwadi, Jaipur, Chennai, Coimbatore, Bangalore and Mumbai. These have been designed for western living with all the amenities you would normally expect and which one you choose depends on your needs.

The best value for money retirement homes in India can be found in:

  • Lavasa
  • Bhiwadi
  • Jaipur
  • Chennai
  • Coimbatore
  • Bangalore
  • Mumbai

Now that you know which are the best towns you look for retirement homes lets discuss real costs and the facilities each has.

Types Of Retirement Homes

Senior living comes in two main types of independent living and assisted living.Most of you will already understand what these mean but for those that don’t here is a quick explanation.  Independent living is in a 50’s or 60’s type estate where you have your own home in a gated community with shared facilities and activities. Assisted living is meant for those senior citizens who need help and have an on site nurse and support for medical, domestic and personal needs.

What’s the real cost of retirement homes?

If you are planning to purchase a retirement home you will end up spending more than what you spend on a normal house.  For instance, in Pune retirement homes are sold at a 40% premium as compared to the residential homes in the same suburb. 

A retirement project costs approximately $86-$93 per sq. ft whereas a residential project in the same costs $66 per sq. ft.   Another such example is Tata Housing Development Co. Ltd’s township in Bangalore where retirement homes cost Rs 3950 per sq.ft as compared to residential homes that cost Rs 3400 per sq.ft. 

Top Cities to Purchase Retirement Homes in India

Lavasa, a hill-station near Pune

Pune is a wonderful city that ranks as one of the top places to retire in India. Lavasa is a quaint hill station with pleasant climate all year around. The reason it is one of the best retirement homes is that it is away from the hustle and bustle of the city. The open areas along with green hills give it a relaxed rural vibe.. 

Cost of retirement homes at Ashiana Utsav, Lavasa

https://www.ashianahousing.com/

Ashiana Utsav is a retirement home located in Lavasa. The availability of quality senior-friendly homes within a moderate budget range makes it an ideal choice for retirees.

What Facilities Do They Have?
Security

The entire area is constantly monitored through the installed CCTV cameras. Guards are also placed at checkpoints. In the day, most of the housekeeping staff are on the premises sweeping and cleaning, gardeners tending the well landscaped parks and gardens, and the maintenance staff who attend the needs of the residents.

In case something unusual happens or is observed through the CCTV cameras, there is always someone to take care of the matter. The streets are well lit at night, therefore making the place safe day and night. Apart from that there is a person positioned at the help desk 24/7. In case there is any requirement, they are there to help you. 

Local Amenities

There are a number of cinemas, shopping centres and restaurants located near Ashiana Utsav, Lavasa. Fun square cinema is 5.5km from Ashiana Utsav. It will hardly take 12 minutes to drive from Ashiana Utsav to Fun square cinema. 

Lavasa nature trail is also located in close vicinity. The distance from  Ashiana Utsav, Lavasa to Lavasa nature trail is 1.5km which will hardly take 4 minutes while driving though a car. Foreigners can enjoy food at The All American Dinner which is located at a distance of 3km from  Ashiana Utsav, Lavasa.Shanti Resort and Spa is located at a distance of 3.6km from  Ashiana Utsav, Lavasa.

DescriptionArea in sq. ft/sq.mPrice in USD
1 bedroom apartment640.39/59.49                              $58,572
2 bedroom apartment954/88.62$90,581
3 bedroom apartment1739/161.55                    $173-$234

Bhiwadi

Bhiwadi is an emerging market of retirement homes which is located close to  Rajasthan.  This well designed area consists of green spaces, well maintained local facilities, a number of private hospitals and nursing homes making it an ideal choice for retirees. 

Cost of retirement homes at Ashiana Utsav, Bhiwadi

https://www.ashianahousing.com/

Bhiwadi is an emerging market therefore the cost of living in Bhiwadi is lower as compared to Gurgaon, Noida, Delhi, and other neighbouring cities.

DescriptionArea in Sq.ft/sq.mPrice in USD
1 Bedroom apartment848/78.78$45,350- $49,328 
2 Bedroom apartment1255/116.59$61,527- $67,898
3 Bed flat1532/142.32$81,152- $85,462 

Jaipur

Jaipur is considered as one of the best cities for retirees as there are open areas, numerous health clubs, slower lifestyle and a cafe culture. Most seniors from the UK, USA and other countries prefer Jaipur as a destination post-retirement.

Cost of retirement homes in Jaipur

Ashiana Housing Rangoli Gardens

https://www.ashianahousing.com/

Ashiana Housing, a renowned real estate developer of India, has launched several projects for senior living in Maraimalai Nagar, Chennai. 

The services they provide include the following:

  • 24/7 healthcare
  • Well equipped gym and wellness room
  • Reading room
  • Multi-purpose lounge
  • Mini-theatre
  • Housekeeping and laundry services
DescriptionArea in sq.ft/sq.mPrice in USD
2 bedroom apartment848/78.78$44,600
3 bedroom apartment1,170/108.69$59,654
Vatika The Turning Point:

https://www.99acres.com/

These apartments are very much in demand in Jaipur. It is located close to Jaipur city. The apartments are well developed along with all amenities to meet the requirements of retirees. 

DescriptionArea in sq.ft/sq.mPrice in USD
2 bedroom apartment 1355/125.88$49,162
3 bedroom apartment1170/108.69$59,675
Unique Dream Builders Private Limited

https://www.udb.in/

This residential project consists of massive apartments along with all the basic facilities. The development is a residential complex with 165 Air-conditioned apartments.

Price: Starting from 1,170/108.69 sq ft/sq.m @ USD 59,654

Wish Empire Uma Aangan

https://www.proptiger.com/jaipur/

These quality and affordable apartments suit retirees because of their amenities and location to the cityThe well known and respected builder is known for their quality homes and units for retired people.

DescriptionArea in sq.ft/sq.mPrice in USD
2 bedroom apartment1127/104$41,905
3 bedroom apartment1615/150$59,940

Chennai

Chennai is considered as a haven for retirement. The living costs here are lower as compared to other cities like Bangalore, Mumbai and Delhi. Chennai offers excellent infrastructure along with a safe and secure environment making it ideal for retirees. It is also considered as one of the best cities in case of modern healthcare facilities and skilled nursing. In Chennai you can get a retirement home within the range of USD 26,501 to USD 66,268 depending on the location and size.

Cost of retirement homes in Chennai

Ashiana Housing
www.ashianahousing.com/senior-living-india

Ashiana Housing, a renowned real estate developer of India, has launched several projects for senior living in Maraimalai Nagar, Chennai. 

At Ashiana housing the following services are offered:

  • Well designed inner space
  • Large comfortable outer surroundings
  • Gated communities
  • Green lawns
  • Healthcare
  • Housekeeping and laundry services
  • Swimming pool
  • Gym
  • Community hall
DescriptionArea in sq.ft/ sq.mPrice in USD
2 bedroom apartment848/78.78$44,600
3 bedroom apartment1,170/108.69$59,654

Coimbatore

It is the second largest city in the state of Tamil Nadu. It is considered as one of the top cities for retirement homes in the country. Coimbatore has pleasant climate all year around. 

The cost of living in Coimbatore is lower as compared to Chennai. Availability of Large areas of land at affordable prices makes it an ideal place for retirement homes. In recent years, there has been rapid development of retirement communities. Coimbatore has excellent healthcare facilities, low pollution and reliable public transportation.

Cost of retirement homes in Coimbatore

Pavithram Senior Living]
https://www.pavithramseniorliving.com/

It is a premium retirement community spread on a sprawling area of 6.8 acres. It is thoughtfully located on the Kerala Main Road at Coimbatore. 

Price: At Pavithram senior living they offer 1 bed, 2 bed and 3 bed luxury villas starting from $35,238 – $47,078. 

At Pavithram Senior living following services are offered:

  • Housekeeping/Maintenance
  • Medical care
  • CCTV surveillance
  • 24/7 security
  • Indoor game centre and senior friendly gym
  • Reading room
  • Multipurpose hall

Bangalore

The reason behind Bangalore making the list although it is a crowded city, is high standard medical institutions providing healthcare all around the city. Bangalore is a city with modern commercial and social infrastructure making it a favourable city for post-retirement life. 

Cost of retirement homes in Bangalore

Vedaanta Senior Living

http://www.vedaanta.com/

It is a friendly retirement housing community offering services like:

  • Living rooms with motion sensor lights
  • Senior friendly health Faucets
  • Shower Chairs
  • Telephone connection in all rooms to enable emergency information
  • Toilet Seat Raiser
DescriptionArea in sq.ft/sq.mPrice in USD
1 bedroom apartment748/69.49$42,435
2 bedroom apartment932/86.58$54,950
Parkside Retirement Homes

https://www.brigadegroup.com/

Parkside retirement homes consist of  98 luxury Villas plus Apartments, Residences & Assisted Living Facilities for Senior Citizens. It is spread over 130-acres of land. It is located at Devanahalli near the International Airport.  They have an onsite hospital with plenty of health services for residents of the retirement homes.. They also have an onsite fire and police station that is operational 24/7. 

DescriptionArea in sq.ft/sq.mPrice in USD
1 bedroom apartment1327/123.28$70,283
2 bedroom apartment1515/140.74$83,753
SUVIDHA Retirement Village

https://www.suvidha.co.in/

Suvidha retirement village is spread on land of 27-acres. It consists of 180 cottages along with lush greenery and a 3-acre water body. This is a standard over 50’s village. The Village consists of single dwelling units. Each single unit measures 925 sq.ft.

The services offered by Suvidha retirement village includes the following:

  • A health centre
  • Club house
  • Gymnasium
  • Recreation facilities  
  • Extensive landscaping of 10 acres. 
DescriptionArea in sq.ft/sq.mPrice in USD
Single unit925/85.93$119,350
Double unit1650/153.29$150,064

Mumbai

Mumbai is not the normally selected place to retire for those wanting to slow down but if you are a big city person this might be an option for you.  My last few trips to Mumbai they are starting to take pride in their city and it has been cleaned up a lot.  

You should expect all the noise, hustle and bustle of a big city as well as everything else that goes with it.  There is a pollution problem in all large cities in India just like in most other cities of its size.  The upside is absolutely everything at your fingertips and everything can be delivered. 

Cost of retirement homes in Mumbai

LnT Emerald Isle Phase 2

https://www.squareyards.com/

It is a community of retirement units that was built in December 2020. These homes were purpose built for retirees.  

The services offered at LnT Emerald Isle Phase 2 are:

  • The property is earthquake resistant
  • Entrance lobby
  • Gated community
  • Piped gas
  • Video door security
  • Waiting lounge
  • Amphitheater 
  • Carrom
  • Community hall
  • Conference room
  • Multipurpose hall
  • Party lawn
  • Sun deck 
  • Theatre
DescriptionArea in sq.ft/sq.mPrice in USD
2 bedroom apartment1425/132.38$285,144
3 bedroom apartment1750/162.58$300
Xrbia Smart City

https://www.commonfloor.com/

These luxurious retirement units, then Xrbia is an ideal option for you.  What makes Xrbia Smart City better from others? 

It is located in close proximity to:

  • Schools
  • Chemist shops
  • Grocery stores
  • Banks
  • Restaurants
  • Train stations
  • Metro stations
  • Parks
  • Play schools
  • ATMs
  • Bus stations
  • Shopping malls
  • Hospitals 
  • Entertainment facilities. 

The services they provide includes:  

  • A gymnasium
  • Swimming pool
  • Clubhouse
  • Children’s play area ( great for grandchildren when they visit)
  • Intercom system
  • 24 X 7 security
DescriptionArea in sq.ft/sq.mPrice in USD
1 bedroom apartment760/69.49$13,845
2 bedroom apartment954/88.62$55,992

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