Token Money in a Property Deal (Delhi, 2026): How Much, the Bayana Receipt, Refunds, Forfeiture and Tax
Token money in a property deal, explained for South Delhi in 2026: the 1–2% token and 10% at agreement, what the bayana receipt must say, the five ways a deal ends and what happens to the token in each, the ‘double bayana’ custom against the Contract Act, the ₹20,000 cash ceiling and TDS on the advance, and the tax on a token the seller keeps.
