Much famed as a relaxing space for senior citizens, retirement homes are meant to enjoy beautiful days of one’s life in the lap of nature. Of course, there are certain considerations to be made before opting to buy such a residential property.  First of all, it should be noted that the area selected for retirement home needs to have facilities required by them. Definitely stating, amenities needed by them is separate from other category of people. So, one should check out the fact that retirement homes must have hospital, daily utility stores, and medical arrangements.

In fact, the senior citizen buyers of retirement homes should consider price of the residential unit, monthly maintenance cost, presence of healthcare around, and basic amenities needed by them. It is important to ensure all these facilities because of the comfort level that one gets from living in retirement homes. Apart from all these, good quality food, clean water and space for leisure activities are made mandatory to be around such homes. This will enable people to make sure that everything goes well with their living mannerisms and they do not face any kind of problem at all.

Taking a note of the cost required to buy a retirement home, it has been kept between Rs. 50 to 75 lakhs for higher income group senior citizens. While, for the middle income and low income group ones are kept at Rs. 25 to 50 lakh as well as Rs. 10 to 25 Lakhs. Depending on the budget of the senior citizens, they can buy their retirement home by considering the facilities available around. In fact, the transport facility and commuting time to railway station, bus stand and airport should also be considered in buying retirement home.

Major Hotspots for Retirement Homes:

As known, retirement homes are meant to relax and this calls for scintillating atmosphere around. This is the reason that South India is one of the most opted places for retirement homes. In fact, Tamil Nadu has the highest percentage of senior citizen buyers.  Buyers in this section prefer residential properties having open spaces, pollution-free atmosphere and closer to nature. Cities such as Chennai, Coimbatore, Bengaluru, Puducherry and Pune form a part of the option available to buy retirement homes. This is the reason that projects lying at the outskirts of cities and towns have been observed as an excellent option. Not just South India, Hyderabad, Bhiwadi, Himachal Pradesh and even Uttrakhand have been on the list of senior citizen buyers.