LRE staff. Please can you tell me how much fine does DHA charge on development charges for phase 9-p. How they calculate it. Is it a compound interest or simple interest. If i am late in paying the installment , first they deduct late charges or development charges ?.
thanks
Irfan UAEŽ replied on Monday, December 18, 2017 10:19 AM
What i was told by DHA office recently is that the fine is 16 % per MONTH. Is it true ?. That means 192% per year. Was any such intimation given at the time of issue of allotment letters . It is very heavy fine. |
Irfan UAEŽ replied on Tuesday, December 19, 2017 04:59 AM
Please someone answer my question. I am worried for the heavy fine. Otherwise i shall sell my plot ASAP |
Saleem replied on Tuesday, December 19, 2017 07:42 AM
Definitely they imposed huge fines on non paid development charges. Better to dispose off if you are not able to pay development charges on time. |
ahmed pak replied on Tuesday, December 19, 2017 08:11 AM
Dear, i had to pay my development charges of 163000 for ph8z. and i delayed for 2 months i paid less than 5000 along with the delayed payment. |
Irfan UAEŽ replied on Tuesday, December 19, 2017 08:30 AM
Rs 5000 for 2 months delay is reasonable. But for phase 9 they are asking for 26000 for 1 month delay, i.e about Rs 900 per day ( for 1 kanal plot). this is not justified by any means. Do they give some compensation if the development is delayed from their side. |
Advisor replied on Tuesday, December 19, 2017 03:01 PM
Irfan sb i dont know to whom you contacted in Dha office who provided you utterly non sensical information. The late payment fine per day on One kanal plot installment(162500) is 90 per day or 2700/month. |
