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Ladakh's new excise policy eases restrictions on liquor saleLadakh's new Excise Policy permits hard liquor sales, reduces license documents from 16 to six, and expands availability to four more distr...
Seller took earnest money but failed to convert leasehold property: Supreme Court orders Rs 3 crore refund to buyerThe Supreme Court ordered a seller to pay Rs 3 crore to a buyer after a 17-year property dispute. The seller failed to convert the leasehol...
Plot buyer paid Rs 4.45 crore earnest money, found no civic amenities at plot, didn't pay remaining due; DDA forfeits Rs 4.45 cr and Delhi HC upheld itA plot buyer lost Rs 4.45 crore earnest money after failing to pay the balance amount for a DDA commercial plot. The Delhi High Court uphel...
Zee Entertainment shares in focus as Arbitral Tribunal rejects claim against RailTelShares of Zee Entertainment are expected to remain in focus on Wednesday after the Arbitral Tribunal rejected the company's claims, along w...
Insolvency and Bankruptcy Board of India proposes several changes in latest paperThe Insolvency and Bankruptcy Board of India (IBBI) has put forward changes to liquidation rules, aiming to make the process smoother. Thes...
NRI homebuyer to get Rs 1.26 crore as refund and compensation from Godrej Properties against cancellation of flat bookingMahaRERA: A non-resident Indian (NRI) paid Rs 97 lakh to book a Godrej flat, however when Godrej cancelled the flat booking, entire money (...
Will you get refund of flat booking amount after cancelling it? Check your state's RERA Act which will decide the extent of recoveryFlat booking refund: There are some states like Maharashtra, Delhi, Madhya Pradesh etc who specify up to how much amount of the booking amo...
Refund of flat booking amount: Homebuyer fights Godrej Properties and wins the case; Know your rights under RERAGodrej Properties: A homebuyer booked a flat with Godrej Properties near Mumbai in 2019 by paying Rs 5 lakh as earnest money. Due to person...
Iqbal Mirchi’s Mumbai property set to be auctionedSafema authorities have fixed a reserve price of Rs 3.45 crore for the 1245-sq feet flat at the plush Juhu Tara road in suburban Mumbai bel...
Bohri trust wins three Dawood-properties for Rs 11 croreThe Hindu Mahasabha, which was earlier said to be one of the participants in the auction, did not deposit its earnest money, and no one fro...
Three Dawood Ibrahim properties up for auction again todayThree properties of underworld don Dawood Ibrahim’s are up for auction by the Ministry of Finance. This is the second time in two years the...
Response still poor for DDA’s housing schemeWhile nearly 2.2 lakh forms were sold, officials say, the land-owning agency has received close to 30,000 - 32,000 applications.
DDA extends deadline for scheme after poor response“We have extended the date till September 11, as we have not received adequate number of applications,” said a senior DDA official.
NHAI scraps Transstroy's Rs 912-cr highway projectThe project was scheduled to be completed in August 2016 but the physical progress was barely 1.34 per cent.
Budget 2014: FM Arun Jaitley's new income tax rule has the potential to kill black money market“The Finance Bill 2014 has made the forfeited amount chargeable to tax, thus making it an income and plugging this loophole.”
DLF gets Rs 676 crore refund from DDA after settling disputesDLF has received a refund of Rs 675.81 cr from DDA following the scrapping of a project to develop an international convention centre in Ne...
VVIP chopper scam: India to recover 250 million eurosThe defence ministry has begun the process to "encash" the bank guarantees provided by AgustaWestland in the deal.
- Emaar MGF asked to refund money paid for booking plot
Emaar MGF Land Ltd has been directed by the apex consumer forum to refund Rs 2.4 lakh to a man for "deficiency" in service.
- Property seller can forfeit buyer's earnest money: Supreme Court
Earnest money paid by a purchaser of an immovable property can be forfeited by the seller if the former fails to pay the remaining sum, the...
ET Wealth: How earnest money impacts your taxYou don’t have to pay income tax on earnest money received from a failed deal, but there are other tax implications you should be familiar ...