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Other Developments
A curated list of other prominent stories from this day.
11:39 PMEconomic Times Realty
Haryana RERA orders Chintels India to reinstate cancelled plot
Summary
Haryana RERA has ordered Chintels India to restore a plot it cancelled after rejecting the developer’s force majeure claim linked to land attachment. Allottees may either withdraw and seek a refund or continue with the project, including a claim for interest on delays.
The ruling places the consequences of the land attachment on the developer rather than treating
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Why it matters
It strengthens homebuyers’ leverage when developers invoke force majeure to cancel allotments or avoid delay compensation.
Booking Holdings leases 1.11 lakh sq ft office space in Bengaluru
Summary
Booking Holdings has leased 111,525 square feet of office space in Bengaluru under a five-year agreement with RMZ Hotels. The deal expands its footprint in the commercial tower to 265,000 square feet.
Booking Holdings is consolidating a substantial Bengaluru office base, adding to evidence that large multinational
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Why it matters
A major multinational's expansion provides fresh evidence that demand for high-quality Bengaluru office space remains resilient.