Shares of Zee Entertainment are expected to remain in focus on Wednesday after the Arbitral Tribunal rejected the company's claims, along w...

The Insolvency and Bankruptcy Board of India (IBBI) has put forward changes to liquidation rules, aiming to make the process smoother. Thes...

MahaRERA: A non-resident Indian (NRI) paid Rs 97 lakh to book a Godrej flat, however when Godrej cancelled the flat booking, entire money (...

Flat booking refund: There are some states like Maharashtra, Delhi, Madhya Pradesh etc who specify up to how much amount of the booking amo...

Godrej Properties: A homebuyer booked a flat with Godrej Properties near Mumbai in 2019 by paying Rs 5 lakh as earnest money. Due to person...

Safema 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...

The 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 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...

While nearly 2.2 lakh forms were sold, officials say, the land-owning agency has received close to 30,000 - 32,000 applications.

“We have extended the date till September 11, as we have not received adequate number of applications,” said a senior DDA official.

The project was scheduled to be completed in August 2016 but the physical progress was barely 1.34 per cent.

“The Finance Bill 2014 has made the forfeited amount chargeable to tax, thus making it an income and plugging this loophole.”

DLF 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...

The defence ministry has begun the process to "encash" the bank guarantees provided by AgustaWestland in the deal.

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.

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...

You 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 ...