How Does Mortgage LOAN Work for Real Estate in India?

How Does Mortgage LOAN Work for Real Estate in India? The year 2018 saw a 24% increment in the purchase of the residential property. This number to increase even in the coming years. The substantial growth in the economy in India is followed by the exponential growth in the …

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Mortgage Penetration of the GDP - India Vs China

Mortgage Penetration of the GDP India  9% China 18% Denmark 114% UK is 75%  US 68%  As on May 2016

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Mortgage Penetration in India at 9%

According to HDFC's survey, Home prices have hit record high levels but a faster rise in disposable income has made purchasing a house the most affordable ever. Improved affordability has largely been driven by rising disposable income and affordable interest rates on ho…

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REVERSE MORTGAGE LOAN SCHEME IN BANKS FOR SENIOR CITIZENS!

REVERSE MORTGAGE LOAN SCHEME  IN BANKS FOR SENIOR CITIZENS! Written by Mr. M.E.Prabhakarababu,  Former Dy Zonal Manager, Bank of India WHY THERE IS A NEED FOR A REVERSE MORTGAGE LOAN? Social structure has massively changed. Majority of the present day younger generations get det…

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Reverse Mortgage: How to Apply ..

Reverse mortgage is a finance option for senior citizens. It acts as an additional source of income if the existing pension corpus is inadequate to fund their retirement. This option allows the senior citizens to mortgage a self-owned property with the bank. In turn,the ban…

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