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...
A luxury apartment at 30% below market price.A spacious plot selling cheaper than a compact flat.A bank auction promising “once-in-a-lifetime” returns. Sounds tempting, doesn’t it? In India’s ever-emotional real estate market, distressed properties sparkle like hidden treasure. But here’s the uncomfortable truth—some of these deals turn into goldmines, while others quietly drain your...
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