The laws and regulations in India are constantly changing. The government brings new provisions from time to time so that transactions remain transparent and people are protected from frauds. The recently enacted new property law is a great example of this, in which Aadhaar verification and equitable mortgage have been made the mainstay. This change will affect everyone from ordinary citizens to investors and banks.
In this article, we will understand in simple language what the new law is, why the role of Aadhaar is important in it, and what will be the impact on property transactions from Equitable Mortgage.
