Today Nefoma Team had discussed with Palm Officials regarding their demand Letter ,cancellation of flats and interest issues.
NEFOMA : Why Palm Olympia issued demand letter to their buyers.
Palm Olympia : After meeting with Palm buyers + NEFOMA on 5th Nov'2011 , we have not sent any demand letter to our buyers. Buyers can't show any demand letter after 5th Nov'2011.
NEFOMA : No Interest during delayed period
Palm Olympia : All demands still on hold.We will obey the ruling of CREDAI regarding the interest & payment plan, we are committed to our customers.
NEFOMA : Buyers want written commitment that you are not going to charge extra money.
Palm Olympia : We are ready to give you in written but after CREDAI .
We are committed : 1. we will not used increase FAR,No new towers or extra floors on towers . 2. we will not change in super area.
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