India is experiencing a quiet demographic shift with the decadal growth rate of its elderly population currently estimated to be at 41%. This figure is expected to double within two decades. According to a report by CBRE South Asia, India is expected to be home to 17% of the worlds’ elderly population by 2050. This evolution is driving demand for independent living options, signalling not only growing awareness around the needs of “silver aged community", but also a shift in the lending ecosystem, with financial institutions becoming more open to extending credit to this segment. The question remains: where can they obtain home loans at this age to build their own house?
How Senior Citizens Can Secure Home Loans Post 60
Senior citizens in India have multiple loan options to realise t