SARFAESI Act: Importance, Documents, Significance in Real Estate
Explore the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), a crucial legislation in India that empowers banks to recover loans efficiently. Learn about its applicability, objectives, processes for possession and auctioning of properties, and how it benefits homebuyers and real estate owners by promoting market stability and transparency.