At present, 95 million people in India are over 60 years of age, by the year 2025 will add almost 80 million to this population. With the improvement in the rate of life expectancy in our country, it is estimated that up to 8 million people are currently above the age of 80 years. Changing the family value system, children's economic compulsions, abandonment and abuse has made the elderly fall through the family care network. Homes for the elderly are ideal for the elderly who are alone, facing health problems, depression and loneliness.
A retirement home - sometimes called a nursing home or nursing home, although this term may also refer to a nursing home - is a multi-residence housing center for the elderly. Usually, each person or couple in the house has an apartment-style room or suite of rooms. The building has additional facilities. This may include facilities for meals, meetings, recreational activities, and some type of health care or hospice. A place in a retirement home can be paid on a rental basis, such as an apartment, or can be purchased in perpetuity on the same basis as a condo.
A retirement home differs from a nursing home primarily at the level of medical care it is given. Retirement communities, unlike retirement homes, offer separate, self-contained housing for residents.