{
  "id": 7062993,
  "title": "Senior living market can grow into a $10.1 bn prospect: ASLI-JLL",
  "url": "https://urgent.news/2026/09/13/senior-living-market-can-grow-into-a-10-1-bn-prospect-asli-jll-7062993",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-13T03:58:21.000Z",
  "source": {
    "name": "The Hindu - Sci-Tech",
    "slug": "the-hindu-sci-tech",
    "url": "https://www.thehindu.com/business/Industry/senior-living-market-can-grow-into-a-101-bn-prospect-asli-jll/article71461214.ece"
  },
  "original_language": "en",
  "account": "India's senior living market is projected to reach a value of $10.1 billion by 2030, requiring $7.7 billion in capital investment to expand supply, according to a report by ASLI-JLL titled \"India’s Silver Economy: From Niche to Necessity\". With the population of Indians aged 60 and above expected to double by 2050, there is a need to develop a senior care ecosystem. Currently, organized senior living facility penetration in India is only 1.5%, presenting a significant opportunity for growth. The sector reached 25,050 dwelling units as of June 2026, with a compound annual growth rate (CAGR) of 14.2% between 2024 and the first half of 2026. The report highlights the potential for expansion, with 25,050 units potentially growing to 74,000 units by 2030, unlocking $7.7 billion in capital deployment. However, challenges persist, including a shortage of assisted living beds (only 2,100 against a projected need of 11,000 by 2030) and high real estate costs. Affordability is also a major barrier, with rental and service-led models expected to gain traction as affordability improves.",
  "summary": "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",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Hindu Health",
        "title": "Senior living market can grow into a $10.1 bn prospect: ASLI-JLL",
        "url": "https://urgent.news/2026/09/13/senior-living-market-can-grow-into-a-10-1-bn-prospect-asli-jll",
        "published": "2026-09-13T03:58:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}