sathish L, Apartment Resident
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i am sathish one of the house owner D block in KG signature city. date of possesion ..god only knows..
Q: As per the contract they have promised to give on august 2012. but today i enquire them regarding possession they were telling me to wait till september 2013. more than one year delay in construction time..i dont know whether they will keep up the words in this time also?..actually unnecessarily i am paying interest.. but what theyare going to give as compensation is only 2 rs per sq.ft BUA. i m paying interest of 25000 per month. but incase if i am not paying regularly developer is imposing interest of 24%. but when it comes for compensation in delay 2 rs. p sft.

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hi lekshmi, the 24% interest is ..if i am not paying my payment to the developer on time. they will charge 24% of interest on the outstanding payment amount.hi lekshmi, the 24% interest is ..if i am not paying my payment to the developer on time. they will charge 24% of interest on the outstanding payment amount.
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