How to Choose a Affordable Retirement Communities India

Many people have different high flying dreams about living in a resort style home on the top of the hill or a world tour just after retirement. But in many cases realty is very different, because everyone needs security and stability within a limited source of earning.

On the other hand, according to the many reports & surveys – more & more people are now reaching their retirement age at a very high rate, and these modern senior citizens needs are different from the previous old generation. For them, retirement means to live independently & conveniently. So it is very necessary to know about retirement communities & their facilities to find the perfect one at the very affordable price.

Here are some important aspects to consider while choosing affordable retirement communities:

Type of retirement home

Generally, there are only two types of retirement communities - Independent communities for senior citizens & assisted living communities for senior citizens. You can choose any communities depending on your physical conditions, for example if you are completely fit and don't need any help in your day to day task in that case Independent communities are the best choice for you, on other hand if you are not physically fit and need help or assistance then assisted living communities are the best for you.

Even as both communities are senior citizens' friendly with features like 24X7 medical facilities within the community, low height selves, anti-skid tiles, housekeeping, canteen, and recreational activities etc.

Financing model of the retirement communities

There are 3 financing models are available for retirement communities.

Outright Buy - In this model you have to pay per sq. ft. basis, the paper of the property is in your name means you can use it as you want like you can rent it out or other financing purposes as the investment you can earn the high appreciation from that property.

Pure Rental – Under this model, you have to pay fixed monthly rent with a nominal deposit at the beginning. This option eases the immediate heavy capital burden and gives you the flexibility to exit when you want.

Long Lease – In this option, you need to pay a huge amount of initial deposit with regular monthly rental for a fixed period of time.

According to the experts, Outright Buy is the best option in retirement communities. If you also looking for Affordable retirement communities with best specification and features then you should invest in the community of any reputed builder. For example bahriestates.com the best name for senior citizens' communities. Their retirement communities Kodaikanal & Bangalore offering unmatched comfort & convenience at a very affordable price.