Legal Question in Real Estate Law in India
what is sarfaesi Act ? the properyt is based in delhi and has come for equitable mortgage.
Asked on 4/03/10, 7:45 am
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
The purpose of this Act is to create security for debts. Delhi based property may be good for equitable mortgage to raise loans from banks and recognised financial institutions.
Answered on 4/04/10, 9:52 am