Can we calculate How much Builder is earning just with Application fee & interest on earnest money? If 51000 Applications received 1) Total Application money 51000 X 590 = ₹3+ crore 2) Interest on earnest money 1 Form Earnest money - ₹145000 Total earnest money received - Around ₹735+ Crore If we calculate fixed interest on this earnest money, I am sure Builder must be earning another ₹30-40 crore in the form of Interest. That is the primary reason why draw date has been postponed and shifted to January 2025
Absolutely appreciable..Thanks for clarifying doubts.Please keep us updates
Thanks prasant for clarifiying the things.
Thank you sir for nice and timly information
Thanx for ur detailed information.... 👍
Very informative
Sir m ek salaried person hu aur parents k sath rehta hu. AHP m m apne naam se apply kr sakta hu ya fir father k through apply krvana pdega.?
You can apply in your name
@AccuratePropertyTalks thank you sir for the revert
I meant for government, not developer
Can we calculate How much Builder is earning just with Application fee & interest on earnest money?
If 51000 Applications received
1) Total Application money
51000 X 590 = ₹3+ crore
2) Interest on earnest money
1 Form Earnest money - ₹145000
Total earnest money received - Around ₹735+ Crore
If we calculate fixed interest on this earnest money, I am sure Builder must be earning another ₹30-40 crore in the form of Interest.
That is the primary reason why draw date has been postponed and shifted to January 2025
Dear Sir must watch full video for your answer