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Real Estate Forum on Unauthorized Land Use In Noida

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Q: As per new bylaws of Noida Authority in 2015, delay in construction on plot will result in 4%, 5%, 6%..... 13% penalty from 3'rd to 10'th year of registry/allotment.
In case i construct after 3 years, whether i will have to pay 4%+5%+6% = 15% or only 5% penalty to Authority ??

Latest Answer: still not clear answer friends, whether we need to pay 4+5+6+7 or only 7% ???
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