An Introduction to the Common Problems Faced by Old People
A quick glance of a national database would show that India has a bulging share of almost 65% population that are either youth or working age. This has effectively ignored the proportion of the aging senior citizen population. It only sounds sensible for products to be envisaged starting with the majority. Yet the requirements of the aged society are also distinct and specific.
The Problem Of Searching Suitable Apartments
While constructing apartments, the developers most of the times provide amenities for the younger people. Amenities like jacuzzis and gyms are constructed in units which are meant for sale to the younger generation. Older senior citizens are however strapped in their hopes of having to take a stroll within the premises instead.
The normal urban setting may not provide comfort to the senior citizens. Moreover, senior’s specific projects created especially for them do not cause much of a big difference. It follows therefore that it is prudent for senior citizens to search for environments that fit modern buildings and can cater for people of every age according to the provision of amenities and facilities in such settings.
If you are one of the people looking for age-oriented development, here’s a checklist that may help you.
Important Factors for Seniors Looking to Purchase a Home
1. A Builder with Empathy
For a senior who wants to purchase a house after retirement, this is more or less the same feeling as a young first time home buyer. The range of forms and the work load can be considered strenuous especially for younger generation workers. Given that, it is very important for senior buyers to locate a builder who is able to understand the pain points and resolve them alongside providing related services effectively.
2. Cost Effectiveness
It is quite likely that most of the senior citizens buying a house are purchasing it as a fraction of their pension. Looking for a shelter after the working age may seem as a burden for some. A developed home should target a reasonable amount of investment. It is important to ensure the structure through which the retiree home buyers spend in proportion to their EMIs (if any) can create savings and place more focus.
3. Lending Against Pension
Unlike the pre-1960’s, the number of home loan applicants over the age of 60 has risen drastically. Many elderly homebuyers acquire homes through a lump sum payment from their retirements. Conversely, it could be worthwhile to obtain a smaller amount because the home is collateral. Most banks and lenders extend the age limit to 75 for loaning a home to senior citizens that applies to home purchasing mortgage applications as well.
4. Easy Designs
Everything from ramps and elevators to the building’s design must be contemplated in accessible and geriatric-friendly buildings. There ought to be a queue of other buildings that must take advantage of the fact that older people constitute the bulk of the population in the developing world places that may be considered to be the norm for many younger individuals. Such tiles, as those that are conceived in the attempt to reduce slipping, the more elevators and ramps with rails that are supplied, more supporting handles in bathrooms and enough room for the pets of elderly people, will improve the living condition of older people.
5. Need for Safety
Everyone that owns a home is concerned about safety, however for the elderly the security of their development is particularly crucial as they may require extra reassurance. A secured development is important for the elderly as it is critical for their peace of mind.
6. Accessible Healthcare Options
Another thing that is critical when working with older people is the ability to access the relevant health facilities at the centre easily. That is, look around for nearby hospitals and others relevant to the practice. If healthcare facilities are lacking, consider whether there are doctors available for house calls. Adequate transport options when seeking medical attention is also a vital thing to ensure.
7. The Role of Smart Features
There is a common perception that smart homes are looking towards the young generation and also the future. However, there is a lot that can be utilized for senior citizens. Smart homes for seniors come with many useful features, for example, reminders about medications or aids and easy communication. In case of emergencies, such as when a senior person falls, smart home systems can contact medical providers. Also, smart homes can be controlled from the outside, which allows seniors to operate their appliances and devices on their own.
8. Senior-Friendly Parks
Parks are one of the amenities present in many of these developments, but most of them are not specifically designed for the elderly. Seek parks with many paths, gazebos, and other areas designed for lounging. Developments with parks that promote light outdoor activities and interpersonal engagement are helpful in calming older people down.
9. Economical Home Plans
Cleaning and looking after compact homes is not as difficult. It also lets older people be active without requiring too much extra space for entertaining visitors.
In conclusion: Scouting out the ideal area for you
Having the ability to buy a home post retirement and having the will to make the purchase happen is worth praising. In today’s age, it is imperative that older people are able to move towards achieving independence, self respect and peace by having a home that addresses all their needs.
Author – Dream Location
Home buying does not need to be such a stressful endeavor and that’s what we at Dream Location intend to offer: A positive, easy, and clear channel to potential home buyers as well trusted real estate brands. The informative articles for the website are written with all users in mind and cover many areas of real estate in fine details. We are the company with more than 20 years of experience in conducting the infra structure projects in the state of Kerala.
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