Affordable Retirement Living at ShantiNiketan
For over 20 years, ShantiNiketan has been a trusted name in providing quality homes for active adults. Nearly 300 residents have chosen to make it their home through property ownership.
Recognizing that not everyone is ready or able to purchase a home, ShantiNiketan now offers affordable rental options designed for individuals seeking a flexible and cost-effective retirement lifestyle.
All-Inclusive Rental Plan
ShantiNiketan now offers an all-inclusive monthly rental package starting at $1,250 per person for the first 10 tenants, based on shared condo occupancy. This single monthly payment includes:
Rent
Food (through the Food Club)
Utilities
Housekeeping
Free WiFi
Access to American and Indian TV channels
This option is ideal for those seeking a worry-free lifestyle at a predictable monthly cost.
Private and Shared Living Options
For individuals or couples who prefer not to share a room, ShantiNiketan provides flexible occupancy options. The table below outlines the costs based on the number of residents sharing a condo:
| # of Persons | Basic Rent | Utilities (Est.) | Food | Total Monthly Cost | Cost per Person |
|---|---|---|---|---|---|
| 1 Person | $3,250 | $250 | $400 | $3,900 | $3,900 |
| 2 Persons | $3,250 | $250 | $800 | $4,300 | $2,150 |
| 3 Persons | $3,250 | $250 | $1,200 | $4,700 | $1,567 |
| 4 Persons | $3,250 | $250 | $1,600 | $5,100 | $1,275 |
Note: A minimum one-year lease is required. Basic furniture is provided; however, residents are expected to bring or purchase their own mattress, pillow, and linen for hygiene reasons.
Condo Layout and Sharing Structure
Each condo includes:
2 bedrooms and 2 bathrooms
A study room (usable as a bedroom)
Living, dining, kitchen, and laundry areas
Sharing arrangement:
Master bedroom is shared by two individuals or a couple
Second bedroom accommodates a third person
A fourth resident may either share the second bedroom or use the study room
Common areas such as the living and dining room are fully furnished. Bedrooms come with a bed frame, closet, and desk. Residents are responsible for their own bedding essentials.
Additional Information
Age Requirement: Residents must be 55 years or older
Health Requirement: A doctor’s certificate confirming the ability to live independently is required
Financial Verification: Proof of ability to pay rent is necessary (e.g., Social Security income); adult children may also guarantee payment
Move-in Costs:
Security Deposit (3 months): $3,750
Food Club Deposit: $750
First Month’s Rent: $1,250
Total Initial Payment: $5,750
Garage and Parking
One-car garage available for $100/month, assigned on a first-come, first-served basis
Additional residents must use the shared parking lot
Annual Price Adjustments
Rental prices may be adjusted annually based on the following:
Food Club fees (as revised by the Food Club)
Condo Association fees, divided proportionally
Cost of Living Adjustments (COLA) based on federal Social Security adjustments
Get Started
If you are interested in this affordable and vibrant retirement lifestyle, please contact:
Minal Patel
📞 352-508-7060
🌐 CLICK here to sign up: www.ShantiNiketan3.com