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UP developers seek lenient terms their counterparts in Haryana enjoy

The Uttar Pradesh chapter of the National Real Estate Development Council (NAREDCO) has written to UP Chief Secretary Durga Shanker Mishra requesting him to accept the OTS proposal by adopting either the State Bank of India’s MCLR or marginal cost of funds-based lending rate (simple interest) from the date of allotment, or adopt an OTS scheme on lines of Haryana’s “Samadhan se Vikas� policy, and then reschedule the outstanding amount thus worked out.

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​ The Uttar Pradesh chapter of the National Real Estate Development Council (NAREDCO) has written to UP Chief Secretary Durga Shanker Mishra requesting him to accept the OTS proposal by adopting either the State Bank of India’s MCLR or marginal cost of funds-based lending rate (simple interest) from the date of allotment, or adopt an OTS scheme on lines of Haryana’s “Samadhan se Vikasâ€� policy, and then reschedule the outstanding amount thus worked out. The Uttar Pradesh chapter of the National Real Estate Development Council (NAREDCO) has written to UP Chief Secretary Durga Shanker Mishra requesting him to accept the OTS proposal by adopting either the State Bank of India’s MCLR or marginal cost of funds-based lending rate (simple interest) from the date of allotment, or adopt an OTS scheme on lines of Haryana’s “Samadhan se Vikasâ€� policy, and then reschedule the outstanding amount thus worked out.  Moneycontrol Latest News Read More  

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