Adani plans retirement homes in Shantigram
Adani Township and Real Estate Company Pvt. Ltd., which is developing Shantigram, the largest integrated township in Gujarat, has tied up with Age Ventures India to develop world-class assisted living or retirement homes within Shantigram, Ahmedabad. Age Ventures India, a private nonprofit trust formed in association with HelpAge India, has sourced know-how from Methodist Housing Association of UK to bring the best-in-class designs and services required for senior citizens.
Adani Township and Real Estate Company plans to launch these apartments for sale in the last quarter of this year. It is expected that the product designed would also give impetus to reverse migration of Indians who having migrated 30-40 years back are now looking to India to spend their silver years. This would also result in developing a good intercultural mix. In the initial phase, there are plans to develop about 200 apartments in various configurations.
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