What comes to mind when you think of retirement? Old age, dependence on children, or relocating to a religious destination?
For Satish Malhotra and his wife Gulshan , the idea of retirement is anything but this. The couple always envisioned spending their golden years independently, away from the chaos of city life, while maintaining an active social life.
When Satish retired in 2007, his daughter proposed the idea of senior living communities, which prompted him to swiftly explore a project in Bhiwadi, a serene suburb on the outskirts of Delhi-NCR.
“It was still under-construction, but fulfilled all my requirements—spacious apartments and expansive green spaces within the complex. The added advantage being Bhiwadi is an hour’s drive from Delhi, where my children live, so visiting each other would be easy. In fact, I booked an apartment right on my first visit," said Satish, a retired engineer from the state electricity board in Rajasthan. He booked 3-bedroom, hall, and kitchen (3-bhk) apartment for ₹25 lakh, and eventually moved in after taking possession in 2012.
For Shalini Goyal and her husband Anil Kumar Lal, the decision to relocate to Ashiana Utsav, a residential community exclusively for individuals aged 55 and above, was straightforward. Shalini’s parents were residing in the complex since 2015. “During my visits to my parents, I grew fond of the quality of life here. Moreover, we desired to live near our family, and it aligned well since my parents own a house within the complex, and my sisters reside in Delhi and Gurgaon." The Goyals bought a 1,480 sq ft 3-bhk unit for ₹50 lakh in 2017.
Bu hikaye Mint Mumbai dergisinin June 08, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Mumbai dergisinin June 08, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
Think Tesla Is In Trouble? Pity Even More Its Wannabe EV Rivals
The combined market value of six prominent wannabes hit 400bn in 2021, but today they are worth 65bn
Has The Growth Of Our Economy Translated Into Domestic Jobs?
While the covid shock and other setbacks got in the way, data indicates that employment in India is on a firm recovery path
Financial Sector Reforms Plan To Be Unveiled Post Elections
The govt will cut its stake in five PSBs this fiscal to comply with Sebi’s listing guidelines
Generative AI Is Not Ubiquitous In The Business World-Not Yet
While some AI tools racked up users, some firms are proceeding with caution, or not at all
Wipro’s CEO switch was not about its share price
Shareholder value data does not explain the firm's change on top. In a flux-filled field like infotech, business performance counts for more and Wipro's challenge still seems quite steep
How not to blow a major chunk of your travel budget on visas
Rejection of visas can impact your travel costs, especially when you have to cancel flight and hotel bookings
Wheat output at 106 mt to fall short of govt estimate: Survey
This decline in output comes at a time India confronts rising food inflation
Ghosh won't stay on Bandhan Bank board
Board may even look at appointing an interim CEO post his tenure
Biocon leads Indian charge into weight loss drugs as patents lapse
Biocon Ltd. is pivoting to anti-obesity therapies as patents for the blockbuster medications start to expire, unleashing a wave of generic supply for the market that's expected to touch $100 billion by 2030.
Aakash names Deepak Mehrotra as managing director and CEO
Aakash Educational Services Ltd (AESL), a subA sidiary of embattled startup Byju's, has appointed Deepak Mehrotra as its managing director and chief executive officer.