When buying property in India, buyers are often asked to pay some money even before a formal agreement is signed. Two terms commonly used at this stage are Expression of Interest (EOI) and Booking Amount. Although they may sound similar, they serve very different purposes and carry very different legal and financial implications. Understanding the distinction between EOI and booking amount is critical...
Every few years, India announces a mega infrastructure project. An airport. An expressway. An industrial corridor. Farmland is acquired, compensation is paid, and the news cycle moves on. But what happens to the families left behind — now suddenly holding crores in cash and no land to farm? The answer, as Jewar's development corridor makes painfully clear, is complicated. And it has very little to do...
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