Argentina, US sign new Trump-backed trade agreement cutting tariffs

Elon Musk was gifted a blinged-out DOGE chainsaw by Argentinian President Javier Milei to help him cut through wasteful spending. Argentina and the United States have signed a reciprocal trade and investment agreement that will give U.S. exports preferential market access, reduce tariffs on a wide range of goods and deepen cooperation on economic and […]

Puravankara signs lease agreement with IKEA for over 1.2 lakh sq ft retail space in Bengaluru

Bengaluru-based real estate developer Puravankara Limited has signed a lease agreement with Swedish furniture retailer IKEA India for more than 1.2 lakh sq ft of retail space in Bengaluru’s Purva Zentech Park on Kanakapura Road, the company said in a statement. Bengaluru developer Puravankara has signed a lease agreement with IKEA India for over 1.2 […]

Can a developer forfeit a homebuyer’s booking amount if the sale agreement is not signed and the booking is cancelled?

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has held that a developer cannot forfeit the entire amount paid by a buyer if the agreement for sale has not been executed and the booking is later cancelled. The MahaRERA clarified that in such cases, the developer can deduct only 2% of the flat’s cost as cancellation […]