Dear Experts,
As per Section 58 (f) of Transfer of Property Act,
"Where a person in any of the following towns, namely, the towns of Calcutta, Madras, 5 [and Bombay], 6 [***] and in any other town7 which the 8 [State Government concerned] may, by notification in the Official Gazette, specify in this behalf, delivers to a creditor or his agent documents of title to immoveable property, with intent to create a security thereon, the transaction is called a mortgage by deposit of title-deeds. "
Experts be kind to let me know the cities in Gujarat State where this mortgage can be considered valid.
Thanks in Advance
