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In this article, we are going to discuss in
brief the evolution of reverse mortgage and the promotion of the product in
Indian context. The objective is to bring out how the need for such products
was felt in some of the matured markets. We will also find whether India is really
ready for it and if so how do we promote it in the community. We would also
like to touch upon the social fabric of the society and the future of this
product in nascent stage of growth in India. |