CovaiCare

Elderly Citizens are disadvantaged by GST and Taxes

With the implementation of GST, the senior citizens or the elderly segment of our population, many of whom are disabled due to advancing age or otherwise, are facing additional burden due to GST. Already, senior citizens do not get any concession for taxes that they pay except in IT, which is not much. They are … Read more

From the Picturesque New Zealand to Caring Covai

Picturesque place in the world: New Zealand is the most beautiful and picturesque place in the whole wide world.  I can say this for sure, as I lived there for more than a decade after travelling to most parts of the world.  Luscious green meadows with milky white sheep grazing (actually there are more sheep … Read more

Retirement Community – How it is Different from Real Estate Industry?

Introduction: While real estate industry has been in existence from times immemorial, senior living or retirement communities came into vogue in India around year 2000. This came about to fulfill the requirement of services and care of the middle class people of India who were educated and whose children had migrated to countries abroad or … Read more

Effects of RERA and GST on Retirement Communities in India

The beginning of Year 2000 saw retirement communities for middle and upper middle-income group in Indian society talking root. Retirement communities were accepted as against the old age homes that were meant for the poor and destitute. Senior citizens, many of whose children went far away from their homes looking for greener pastures, felt the … Read more

CONCEPT OF SENIOR LIVING AND CARE

“RETIREMENT COMMUNITIES – NOT A REAL ESTATE PROPOSITION, BUT A LIFESTYLE FOR THE ELDERLY” General: Demographic pattern and the changing social norms make it mandatory for us in India to look at the issue of old age more clearly. Unlike in the West, in India, it is the family that is responsible for taking care … Read more