WHAT IS THE SCHEDULE OF PAYMENT OF A NEW COMMERCIAL BOOTH/SITE

The following payment schedule has been fixed for a new commercial sites.

• 10% of bid amount is payable at the time of fall of hammer.

• 15% of the total cost is payable within 30 days of the date of issue of Letter of Allotment.

• The balance 75% of the cost is payable lumpsum within 60 days without interest or in 8 equated half yearly instalments in  case of SCF/SCO and 10 half yearly equated instalments in case of booths/kiosks, with 15% interest per annum.