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Home > Forum > Bangalore > Legal > Project delay penalty clause.

Project delay penalty clause.

Q: Looking for info on a good penalty clause on project delays. My builder has proposed Rs 2 per sq ft penalty in case of project delay (he has a 6 month grace period clause). Please suggest what other builders are following.

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All the builders are charging the same penalty chargers if the project is getting delayed after the grace period.
rohini_rao


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