Student housing, retirement homes, co-living new realty growth drivers: Deepak Parekh - News Summed Up

Student housing, retirement homes, co-living new realty growth drivers: Deepak Parekh


NEW DELHI: Confident about real estate sector doing well as long as there are "right developers, right pricing and right unit size", eminent banker Deepak Parekh has said a number of new growth drivers are also emerging in form of student housing , retirement homes and co-living projects. "Student housing is a very big growth area and it has taken off well. And many are also building projects for senior citizens, including some being built by people themselves. "By 2050, India is estimated to have 240 million senior citizens. The service provider's role is to offer customised services to senior citizens such as medical, security, infrastructure, house-keeping, amongst others.


Source: Economic Times October 02, 2019 08:37 UTC



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