Reverse mortgage

REVERSE MORTGAGE NEWS

India has wider scope for growth in mortgage finance: Deepak Parekh

April 23, 2023 12:34 am

At just 11 per cent, India’s mortgage-to-GDP ratio is low compared to countries like China, Malaysia and Singapore. It is also significantly lower than much of the Western world where the ratio is upwards of 60 to 90 per cent, he said.

Reverse mortgage needs a product redesign to take off

June 28, 2014 1:16 am

The product itself is not as well understood in India as traditional home loans are.

Reverse mortgage to attract no tax

October 26, 2013 12:19 am

Annuity payments to senior citizens availing reverse mortgage would not be taxed.

Installment under reverse mortgage scheme to be tax free: National Housing Bank

October 21, 2013 9:46 pm

With an aim to make the reverse mortgage facility more attractive for senior citizens...

Reverse mortgage scheme extended till life of borrower

October 19, 2013 3:45 am

This has been done by amending the Reverse Mortgage Scheme.

Ask Us: Mortgage Loan

April 02, 2012 1:58 am

Reverse mortgage is a good option for the elderly to be exercised in case of no other avenue for funds

Reverse Mortgage: income post-retirement

November 26, 2011 12:55 am

Reverse mortgage can give an assured income during the sunset years of one’s life.

Conference on Reverse Mortgages in India

May 21, 2010 2:53 pm

A National Conference on Mortgages,focusing on the newly launched variant of Reverse Mortgage Loan-enabled annuity scheme by the National Housing Bank,was inaugurated here today.

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