|
 |
 |
|
Capitalised scheme for one-time payment of
Service Charge General Conditions for payment of Ground Rent As per terms and conditions of allotment, Service Charges is payable
annually in advance @ 2.5% of the cost of land as given in the Allotment
cum Demand Letter in respect of all allotment of flats on freehold basis.
In case of default in making the payment of Service Charges by the stipulated
date, the allottee is liable to pay interest at the rate of 10% per annum
or at the rates to be revised from time to time. The Service Charges is
payable till such time the services are transferred to Municipal Corporation
of Delhi. Liberalized Scheme for payment of Service Charges In the benefit of general public and to provide allottee friendly service, a simple and easy system to clear the dues of Service Charges, one time payment has been introduced under the scheme "Capitalized Service Charges" Under this scheme, allottee is required to pay 7.5% of cost of land as indicated in the allotment cum demand letter on account of capitalized value of Service Charges in respect of new allotment and 5% in respect of old allotments in respect of unpaid & future dues. Thereafter allottee is exempted from paying Service Charges in future. The scheme is optional The allottee who does not opt for the "Capitalized Service Charges" would continue to pay the Service Charges as per original terms and conditions of the allotment cum demand letter. Note:
|
 |
 |
|