Real Estate Regulatory Bill passed: Features and Highlights
Have you submitted a rating and reviewed your project?
Rate & Review your project now! Submit your project and review.
Read Reviews! Share your feedback!
** Enhanced EDC Stayed by High Court **
Forum email notifications...Please read !
Carpool from Greater Faridabad to Noida
Carpool from Greater Faridabad to GGN
Today I received letter from BPTP for park floors I at enhanced rate of Rs 351 per sft.
One more project added to the grieving investors. I read the post of Pranayam increased EDC and was surprised to see increase of only Rs 125 though I could not find the revised EDC but the difference appeared huge.
Also I read somewhere that there should be no service tax on EDC amount since it is paid to the goverment but BPTP has charged service tax on it after abatement of 41%. Does anyone have any idea on this matter.
Also, I am surprised that I paid EDC @ 150 per sft but bptp has mentioned in theie letter that edc stands revised from 119 to 351 which obviously is a mistake.
I am confused whether I should reply to them right now on this error or wait some more so that then I can say your letter was wrong so extend my date.
Please suggest and BPTP park floors members please lets dicuss this issue.
My loan is from Axis Bank and I enquired from them over phone about loan for this enhanced EDC and they said they are not funding this. I was shocked to hear that because in the absence of loan how can salaried people like us pay this huge demand.
Anyone else has any update on this loan related issue?
I am just hopeful something hopeful comes out of the 1st Nov hearing.
Users browsing this forum: No registered users and 0 guests