Rustomjee Group explores senior living market in Mumbai Metropolitan Region
1 report, 1 independent
Updated Oct 1
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What happened
Boman Irani stated that the Mumbai Metropolitan Region could support more than 5,000 senior living homes. Rustomjee Group is currently evaluating an entry into the senior living segment and is open to developing projects either independently or through a partnership.
From indiatimes.com
Why it matters
The evaluation signals a potential expansion of the senior living residential market within the Mumbai Metropolitan Region. Irani noted that demand is expected to be concentrated within Mumbai and its surrounding metropolitan area, rather than solely in retirement destinations outside major cities.
From indiatimes.com
Who's involved
- Boman IraniChairman and Managing Director of Rustomjee Group, who provided the market estimate
Keep exploring
The entities involved
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Mumbai
capital city in Maharashtra, India
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Boman Irani
Indian actor and voice actor