Senior living: A golden period begins for developers on rising NRI interest

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Developers and operators say NRI demand is becoming more visible across major southern and northern hubs. Kerala continues to attract buyers due to its large expatriate population in the Gulf and western markets.

NRIs are increasingly investing in senior living residential projects in India, with key hubs such as Kerala, Hyderabad, Bengaluru, and Delhi-NCR witnessing a sharp rise in demand.

With the affluent next-gen pros increasingly moving overseas and nuclear families replace traditional caregiving structures, senior living solutions in metros and their outlying suburbs are booming. Experts say rising incomes, demographic shifts and changing eldercare expectations are reshaping the sector, drawing investors from the US, UK, Canada, Australia, Singapore, and Gulf Cooperation Council (GCC) countries.

Both domestic and international operators are expanding portfolios in response. India’s senior living market, valued at over $11 billion in 2025, is projected to grow at a CAGR of about 10% through 2033.

NRI Buyers

Developers and operators say NRI demand is becoming more visible across major southern and northern hubs. Kerala continues to attract buyers due to its large expatriate population in the Gulf and western markets.

Bengaluru and Hyderabad are gaining traction among NRIs with roots in southern India, supported by strong healthcare systems and established retirement communities. Delhi-NCR is emerging as a northern anchor market, drawing expatriates who prefer proximity to extended family and tertiary care hospitals.

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