For the grey haired citizens of Bangalore, retirement no longer spells sitting huddled together at home, or at best attending a few satsangs.
Now its more about clubhouses, gyms, walking tracks; or indulging in mud therapy, water therapy, banana leaf therapy and acupuncture; all from the comforts of their homes.
With more and more senior citizens planning to get out of their houses and stay in modern condominiums, a variety of luxury retirement homes are crisscrossing the city landscape.
Coaxing the 60 plus to either rent, lease, or buy 1/2/3 BHK cottages, flats or villas; the properties are quickly capitalising on the growing trend of senior citizens choosing to live amidst their contemporaries.
“The concept works around a type of assisted care living, wherein all key facilities like medical, nursing, security and help with paying bills, etc, are aided by the retirement homes,” says Dr S Jayakumar, who runs Sri Ramanashraya Retirement homes near Hosur, which has 12 retired couples currently staying.
Its all about being independent and spending your retired life among other retired folks by engaging in activities that one could not indulge in during the hectic working years, says Dr Jayakumar.
A lot senior citizens like retired banker Manoj Parker are looking at staying for a while in a retirement home.
“It’s not an old-age home where people are left out of desperation. Here we ourselves come out of sheer willingness to live in a healthy environment, where organic food is served and meditation and yoga is practised,” says Parker, who along with his wife is scouting for a retirement home where they can spend “at least a few months to get rejuvenated.”
Parker says there is no stigma attached to this concept unlike old-age homes. “My daughter is in fact helping me find such a home. I know another retired couple who are also planning such a stay as their children are settled abroad.”
Experts say since financial planning happens early on, many retired people have the financial wherewithal to rent homes by depositing a refundable amount of between Rs4-11 lakhs, and paying another Rs5,000 monthly as food and other living expenses.
“People look at it as a one-stop for all their post retirement needs. They neither have to hunt for domestic help nor ambulance or other facilities when required, as all that is assisted by our management,” says Dr Satheesh Babu, who runs a retirement centre called Melur Meadows.
A senior sales official from Harmony Properties says going by the demand, they are planning to come up with a retirement condominium in Bangalore, Mysore and Mangalore soon.