Centre issues guidelines to states on regulation of 'retirement homes'

With senior citizens projected to form nearly 34 per cent of the population of the country by the end of the century, the Centre has issued guidelines for regulation and redevelopment of "retirement homes" to protect their rights and address their special needs, the government said Wednesday.

According to a statement, a task force for constant dialogue with states and other stakeholders will be constituted by the Union Housing and Urban Affairs Ministry to ensure implementation of these guidelines.

Developer can build and manage the 'retirement homes' or engage a 'service provider' or 'retirement home operator' for management of these homes, the guidelines say.

They say that such service providers will be required to be registered with appropriate state authorities.

"The model guidelines provide for disclosure of technical skills of the service provider at the time of executing the 'Agreement to Sale' in the form of a 'Tri-Partite Agreement' to be executed among the developer, ...