Real Estate Sector Latest News, Updates & Insights – PropertyPistol Blog

According to the 2021 population census, there are approximately 138 million senior persons in India, accounting for more than 10% of the population. By 2031, the population is predicted to increase by over 56 million to about 194 million, accounting for more than 13 percent of the demography. On the other side, as the youth of today moves to cities for improved life circumstances, jobs, and greater income, the notion of joint families, in which elderly folks formerly had carers, is slowly disappearing across the country. With an expanding ageing population and nuclear families, a gap in senior care services has grown.… Read more

An important factor in determining an asset’s depreciation is the asset’s age or the date of formation. Additionally, you might want to take it into account, especially if you’re a dealer and trying to determine the right price to charge for the assets. As was already mentioned, the value of the ground upon which the asset is built no longer depreciates. It is best appreciated with time.… Read more