The Challenge Seniors Face
Many senior citizens in India own valuable residential properties but lack regular income sources to support their daily needs, medical expenses, and lifestyle choices. With children often living in different cities or abroad, financial dependency on family members can be challenging. HABiL bridges this gap by offering a structured Home Equity Conversion solution that ensures financial security while allowing seniors to retain homeownership.
What HABiL Offers
HABiL helps retirees unlock the true financial potential of their homes through a Home Equity Conversion model, where they receive monthly payouts to maintain their standard of living. Amount depends on required amount, how long it is required and based on their current home’s value and expected appreciation. Unlike traditional loans, there are no monthly repayments required. The equity so drawn along with interest is converted into regular mortgage if so desired by the legal heirs or settled by the builder selected under JV or through sale proceeds.
Key Benefits of HABiL
Guaranteed Monthly Income
Enjoy a consistent cash flow to maintain your standard of living.
Stay in Your Own Home
Continue living in the home you love, without fear of displacement.
No Need to Sell Your Property
Unlike conventional real estate liquidation, HABiL allows you to leverage your home’s value while retaining ownership.
No Monthly Loan Repayments
The equity drawn is converted into regular mortgage if so desired by the legal heirs or settled by the builder selected under JV or through sale proceeds.
Flexible Payout Options
Choose between a monthly pension, lump sum, or a combination of both based on your financial needs.
Legal Protection & Transparency
HABiL ensures a fully transparent process with legal s safeguards to protect homeowners and their heirs.
Leadership Team
Swaminathan Rajagopal
Founder and Chief Executive Officer
Rajagopal Swaminathan is a management professional with over 3 decades of experience in sales, service delivery, big data and process transformation, at senior top management capacities in multinational companies such as BNY Mellon, HCL Technologies, Murugappa group to name a few.
He had lived and worked in Spain for 8 years. He is a qualified Graduate Engineer from TNAU and Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad. He is also a certified Six Sigma Black Belt in Quality.
He is a Trustee in Balbhojan Welfare Foundation Trust, Start-up mentor, Angel Investor and Business Consultant. He is a passionate educator and advisor for educational institutions and President Emeritus – IIMA Alumni Association, Chennai Chapter.
Self motivated to create an impactful venture that inspires others in his generation!
Karthik P
Co-Founder
Management professional with over 1.5 decades of experience in sales, service delivery, and process transformation, at management capacities in multinational companies such as TCS, HCL Technologies, Bharti Airtel and start-ups such as Rivigo, LEAD.
B.E. from NIT, Karnataka and MBA from Symbiosis Institute of Business Management, Pune.
He is a Trustee in Whitecloaks Foundation and Business Consultant. He is passionate educator and engaged with educational institutions to empower students and also professionals through personalized coaching and guidance.
Self-motivated, drawing from experience in supporting senior citizens within his friends and family circle