Business

Sell, downsize or redevelop? Real estate lessons from retirees who are trading bungalows for cash and gated living

livemint.com 32 h

India

Sell, downsize or redevelop? Real estate lessons from retirees who are trading bungalows for cash and gated living — Sources: livemint.com

India’s population aged 60 and above is projected to reach 347 million by 2050, according to the United Nations Population Fund. This highlights an important question for ageing homeowners: how much real estate do they actually need in retirement?

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