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.
June 28, 2014 1:16 am
The product itself is not as well understood in India as traditional home loans are.
October 26, 2013 12:19 am
Annuity payments to senior citizens availing reverse mortgage would not be taxed.
October 21, 2013 9:46 pm
With an aim to make the reverse mortgage facility more attractive for senior citizens...
October 19, 2013 3:45 am
This has been done by amending the Reverse Mortgage Scheme.
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
November 26, 2011 12:55 am
Reverse mortgage can give an assured income during the sunset years of ones life.
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.


