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Senior Village

Senior Village. Retirement Living Homes. World Association of Knanaya Entrepreneurs (WAKE) 8 th December 2012. Senior Village. Concept Each Unit Common Amenities Services Utilities Costing Funding Monthly Operating Expenses. CONCEPT. Furnished and Managed living homes

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Senior Village

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  1. Senior Village Retirement Living Homes World Association of Knanaya Entrepreneurs (WAKE) 8th December 2012

  2. Senior Village • Concept • Each Unit • Common Amenities • Services • Utilities • Costing • Funding • Monthly Operating Expenses

  3. CONCEPT • Furnished and Managed living homes • Independent apartment style units • Comfortable dwelling to live and celebrate the twilight years • Engaging Social Environment • An atmosphere of love, care and prayer • Individual freedom as that of an apartment • Target Customer – People from Knanaya and outside communities aged above 60 years

  4. EACH UNIT FLOOR PLAN

  5. EACH UNIT… SPECIFICATIONS • Area (600 - 700 sqft): Living/Dining cum Kitchen Bedroom and Dress+ Toilet • Furnishing Queen size bed Wardrobe cabinets in Room & Dress area Couches for the living area Study desk and chair Dining table and chairs Modular pantry

  6. EACH UNIT… SPECIFICATIONS… • Amenities TV, Telephone and Internet connections Electric Geyser Electronic Safe Split A/c (Optional) • Others Emergency buzzer in bedroom to call for medical help

  7. COMMON AMENITIES • Lobby • Dining Hall • Nursing Bay • Chapel • Recreation Centre • Guest Rooms

  8. COMMON AMENITIES… LOBBY • Reception Desk • Visitors lounge • Consultation Desk For the inmates to share their valuable professional expertise, occasionally DINING HALL • Amble seating for the inmates • Flexible table arrangement to facilitate space for conducting get-togethers

  9. COMMON AMENITIES… NURSING BAY • Intermediate Nursing care • First Aid facility • Emergency Medicines • Visiting Doctor’s cabin • Wheel chairs / Stretchers CHAPEL • Weekly once holy mass by a priest of the Syrian Knanaya Diocese • Morning and Evening prayer service

  10. COMMON AMENITIES… RECREATION CENTRE • Reading Room with a wide collection of magazines and newspapers • Card Tables • Chess and carom boards GUEST ROOMS • Fully furnished guest rooms for visitors and relatives • Double Bedded rooms with attached bath • A/c and non a/c

  11. SERVICES • Assisted Living Care • Catering • Housekeeping • Security • Maintenance • Facilitation counter

  12. SERVICES… ASSISTED LIVING CARE • Services of care-giving staff on request • To help with daily living activities like bathing, dressing, medication etc. for the aged/sick CATERING • Nutritious and balanced fixed menu for each day • Special/diet menu on prior request • Catering service for get-togethers conducted • Room service at additional service charge on request

  13. SERVICES… HOUSEKEEPING • Daily servicing of flats • Linen service • Basic Toiletries supplies • Cleaning • Servicing of common areas • Laundry service SECURITY • 24 x 7 security care

  14. SERVICES… MAINTENANCE • On call breakdown service • Preventive and Periodic maintenance for all the facilities FACILITATION COUNTER • To handle all banking, post office and travel and ticketing needs • Chauffer/cab on request

  15. UTILITIES • Kitchen • Laundry • Elevators • Power Generator • Sewage Treatment Plant • Water Source and Storage • Staff Quarters

  16. COSTING • Cost of construction and furnishing of a unit will be approximately 20 to 25 lakhs rupees • This costing includes the cost of construction/setting up of Common Ammenities and Utlities (loaded into each unit) • This costing excludes the land cost (which may vary between 3 to 6 lakhs per unit, depending on the value of the land availed)

  17. FUNDING • OPTION 1 (If a suitable land owned by the Samudhayam is offered for this project) • Project will be executed on lease basis • Tenant will pay the Lease amount in stages as construction progresses • No sale of title/property involved • Samudhayam will realize an amount equivalent to the market value of the land offered • Lease period will be for around 20 years • If an occupant dies before the end of his/her Lease period, the Lease amount will be returned to his/her family after computation of appreciation/depreciation

  18. FUNDING… • OPTION II (If suitable land has to be purchased for this project) • Sufficient funds has to be raised from investors • Investors who trust the goodwill of the Samudhayam and the leadership of WAKE • Investments will be returned after a lock in period with a ROI • Land bought will be under the ownership of Samudayam

  19. FUNDING… • OPTION II… • Project will be executed on Lease basis to tenants • Tenant will pay the Lease amount in stages as construction progresses • No sale of title/property involved • Lease period will be for around 20 years or till the death of the occupant/(s) • If an occupant dies before the end of his/her Lease period, the Lease amount will be returned to his/her family after computation of appreciation/depreciation

  20. OPERATING EXPENSES • Monthly living expenses for a couple would be around Rs. 15000 • This includes the food, housekeeping and cost of maintaining the common amenities/utilities • This excludes the cost of availing special services on request

  21. Thank You

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