I have been involved with retirement communities in USA and India.
Mr. IGGY who started the Shantiniketan is good friend of mine and wanted me to invest in his venture some 10 years ago. One my hotel partners invested in this venture.
Mr. Iggy is a great salesman, and has good vision. He did struggle during the economic downturn in real estate.
Good things:
It is an independent Adult living for pIO's.
With vegetarian and no-vegetarian Indian food.
Initially there was problem in selling the units. He started as a short time rental units.
Cons:
It is about 40 miles from Orlando, Fl.
Unless you drive you are in a tough spot.
There is a site called village
The Villages - Florida's Friendliest Retirement Hometown - New Home Sales, Home Resales, Build Your Dream Home, Brownwood Paddock Square which is lot more convenient (No Indian food).
There are better sites like:
My Indian Nursing Home
We have seen senior living facility in Coimbatore and chennai.
My main concern was to get South Indian food.
Serene Soundaryam ? Coimbatore - Welcome to India's Most Trusted Retirement Community
This facility was very reasonable.
There is various gradation of senior living.
Adult independent living, Assited living, nursing home etc.
I seen retirement homes with all level of services, and you can progressively move according to your needs within the same organization.
We had a friend (who used to officiate as pujari) had to be moved to a nursing home by his family when they themselves became old. That old man was bitter as the facilities were not as luxurious as he wanted.
So there is a lot to be researched.
I am building a age restricted housing development where one of the owners has to be 55+.
I wanted it to be for PIO's and a lot of interest was shown by members of my community, but I could not get commitments. So I had to market it to all Americans.