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Key Challenges Faced By The Senior Living Sector In India

Affordability

Affordable healthcare is a major challenge in senior living facilities, as private doctors can be expensive and burden the facility's operational costs.

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Ability to afford and upgrade your life
Ability to afford and upgrade your life

Lack of Proper Government Guidelines

The lack of clear government guidelines leads to discrepancies in senior living facility development and operational standards, resulting in varying quality and services across regions, causing confusion and inefficiency. 

RBI Guidelines
RBI Guidelines

High Expectations for Health Facilities

Maintaining healthcare facilities that meet high customer expectations without incurring unsustainable costs is challenging, as the cost of delivering services often exceeds service charges, causing financial strain for operators.

The Burden On Service Costs

Service cost allocation issues arise when non-residential owners disagree on cost sharing, complicating charge distribution and causing conflicts between residents and investors.

Heavy Service Tax

The disparity in taxation between Resident Welfare Associations and senior living operators leads to increased costs for operators and residents, affecting the affordability of these services.

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