Central Govt to Make Builders Pay 11.2% Interest For Delayed Real Estate Projects! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
Trending
Powered by Blogger.
Thursday, June 30, 2016

Central Govt to Make Builders Pay 11.2% Interest For Delayed Real Estate Projects!

Central Govt to Make Builders Pay 11.2% Interest For Delayed Projects!

Going forward, for any delay in handing over possession of the real estate property to the buyer, the real estate firm will have to pay 11.2 per cent interest on the principle amount paid by the property buyer. 
The Real estate draft rules have also discussed various issues on the real estate delayed projects but the highlight of the draft would have to be the payment of 11.2% interest.
Central Govt to Make Builders Pay 11.2% Interest For Delayed Real Estate Projects! Reviewed by S. Chitra on June 30, 2016 Rating: 5 Central Govt to Make Builders Pay 11.2% Interest For Delayed Projects! Going forward, for any delay in handing over possession of the ...

No comments:

Google+ Followers