The number of seniors with good
saving and pension is considerable in India at present. The real estate giants want to make use of
this situation . They have no noble purpose of helping the elderly. They
just want to take advantage of the
breakup of the joint family system and a change in the mindset of the seniors
who want to live a totally independent life if, they are financially sound.
This is the target group of the real estate profiteering merchants. If you have
any doubt about my opinion of such retirement homes , go to their websites and see for yourself the
cost of ownership homes and the expenses involved in taking on lease or on rent
a premise. Constructing retirement homes is a very lucrative business now and
the helpless seniors are taken for a ride . Is the government aware of the exploitation
of seniors in the name of retirement homes provided with luxurious facilities as
shown in their websites and thinking of
regulating them in any manner?
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