The organised senior living sector reached 25,050 dwelling units as of June 2026. File
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India’s senior living market is expected to become a $ 10.1 billion opportunity by 2030, requiring $ 7.7 billion capital investment to meet new supply under a policy-driven scenario, according to a ASLI-JLL report “India’s Silver Economy: From Niche to Necessity”.
“With over 166 million Indians aged above 60 and the number projected to double by 2050, there is a need to build an ecosystem of senior citizens. The organised senior living facility penetration is just 1.5%. The opportunity is about building a strong, accessible, and trusted senior care ecosystem,” G. Rajagopal, chairman of the Association of Senior Living India (ASLI), said in a press release.
The addressable market of urban, financially independent senior households in India is expected to grow from 1.7 million in 2026 to 2.1 million by 2030. The opportunity is not just in senior living friendly properties and communities but includes assisted care, healthcare, specialised care, rehabilitation, and other supporting services, says the report.
The organised senior living sector reached 25,050 dwelling units as of June 2026 (at 1.5 %) compared with 6-7 % in the U.S. and 14-15% in New Zealand. The sector registered 14.2 % CAGR between 2024 and first half of 2026.
Published – September 12, 2026 11:00 pm IST
