Home Equity Conversion Prospects in India.pdf
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set into play many welfare enhancing factors, such as greater geographical mobility of
labour, a national housing market,a spurt in new constructions, pillover effects in a range of
other industries and a general boost for the economy. The time is ripe for the well-established
players in the housing finance sector to introduce these products. If necessary, the
government could provide fiscal benefits to give an initial boost to such activity.


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