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
Arif replied on Sunday, November 11, 2012 06:12 AM
KIBOR = Karachi Interbank Offered Rate |
Ajmal replied on Sunday, November 11, 2012 10:35 AM
Any updates on DHA Velly? Are all the blocks intact or ____________ |
inzi replied on Monday, November 12, 2012 03:01 AM
any development in Valley project ? when they are going 2 offer the possession ?
will they gv the possesion of all blocks?
any update |
asad replied on Tuesday, November 13, 2012 06:10 AM
yes they will give possession of all project but project is delayed upto next 3 or 4 years and they will give possession of all blocks inclusing overseas on same time |
Rana Tasawar replied on Tuesday, November 13, 2012 05:24 PM
if installment is late they charge on daily basis, but now the project is delayed and no one can ask them who will pay to investors. I have paid all the installments of DHA home but now no any indication of handover. |
