Wadhwa Group, Primus Senior Living launch project in Panvel

The Wadhwa Group and Primus Senior Living together are developing the Primus Swarna situated at Wadhwa Wise City, Panvel, Mumbai. This senior living enclave is part of an integrated development spread across 200 acre. The developers have undertaken this project to address the growing housing demand of the elderly population in the state. Maharashtra, with a population of around 125 million, has an elderly population share of 11.7%, which is higher than the national average of 10%. It is projected to increase further, to reach a 15% share by 2031.

Vijay Wadhwa, chairman, Wadhwa Group explains that a projected shift in population by 2050 where nearly 20% of the country’s population will be elders and with 60% of families in India living on their own, highlights the need for more than 3,20,000 senior living facilities in the country. “With an ever-increasing elderly population, senior living communities have become essential in helping India’s elderly stay healthy, engaged and happy,” he said.

By 2031, there would be 2.4 million senior citizens in the Mumbai Metropolitan Region (MMR) who will be living on their own, mentions a recent study by Ormax Compass, a consumer knowledge firm. The findings of the study point out that senior citizens in MMR are prepared to live alone in a nuclear environment.

Adarsh Narahari, managing director, Primus Senior Living, said, “Active Senior living communities provide a safe and secure environment where elderly individuals can receive personalised care tailored to their specific situation. These communities help seniors remain active and independent while also promoting healthy aging and increased active life. At these homes, there are teams of experts who work closely with the residents to understand actheir needs and provide them activities and amenities that will help them follow their passions and interests.”

Also, to bring awareness, the Wadhwa Group and the Primus Senior Living organised Mumbai’s first senior living conclave – Decode the Mystery of Happy Ageing, held at MCA Bandra Club, Mumbai. The event saw over 600 seniors from Mumbai, Navi Mumbai and Thane participate.