LIC plans housing for senior citizens


“We have acquired seven acres of land in Jaipur and are waiting for permission to begin construction,” said Company Chief Executive R R Nair. “The project, Care Homes, will be for those whose children are abroad. We already have one Care Homes complex in Bangalore,” Nair told reporters. A Care Homes complex will have around 90 dwelling units, in which senior citizens can stay on paying a fee.

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