The Growth of Senior-Centric Housing in Faridabad
Faridabad's real estate scene is changing with the rise of senior-friendly housing projects. This change shows India's ageing population and evolving family structures, opening up good investment chances for forward-thinking buyers.
Key Developments Shaping the Market
Prosper Group is leading the way with their upcoming Senior Citizen Living project in Sector 89, Greater Faridabad. This development focuses on elderly residents, offering 3BHK luxury apartments with age-friendly features and close to healthcare facilities like Amrita Hospital.
Meanwhile, AIL's upcoming projects have dedicated senior citizen areas, meditation zones, and accessible infrastructure. Their gated communities offer 24x7 security surveillance and elevator access - important for elderly residents.
Promising Micro-Markets
Sector 89 - Healthcare Hub
This area is in high demand due to its proximity to major hospitals and healthcare services. It offers excellent connectivity and a peaceful setting perfect for senior living.
Sector 83 - Established Infrastructure
Godrej Retreat in Sector 83 offers plots from 899 to 1620 square feet, letting seniors build customised homes. The RERA-approved project (HRERA-PKL-FBD-213-2020) ensures regulatory compliance and buyer protection.
Sector 98 - Affordable Options
Soha Group's 8.20625-acre affordable housing project (RERA: HRERA-PKL-FBD-705-2025) provides budget-friendly choices for middle-income senior buyers.
Investment Potential
The senior housing market offers steady rental returns and growth potential. With India's 60+ population set to double by 2030, these properties are a smart choice against demographic shifts. Developers are adding features like step-free access, emergency response systems, and community spaces that boost property values.
Future Outlook
As Faridabad evolves into a senior-friendly city, early investors can benefit from this growing trend. The mix of healthcare infrastructure, links to Delhi NCR, and developer focus on age-specific amenities makes these micro-markets poised for long-term growth.