DHAI
This notice copied from DHAI site, any body, please explain what about this & KIBOR stands for -----?
thanks
Public Notice 1: Revised Surcharge Rates
The six month KIBOR+5% for the next six months from 1 July 2012 to 31 Dec 2012 comes to 17.00% per annum. Therefore, the surcharge at the revised rate will be levied for the period ibid. The same rate will also be applicable to the members of all JV Projects including DHA Valley, Overseas Block, DHA Homes, Commercial Ave, Defence Villas, Sector F, Business Bay Boulevard and Business Bay Ave