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Within 03 working days from the date of
intimation of such provisional acceptance, the highest/ successful bidder has
to pay an amount equivalent to 10% (Ten Per cent) of his bid amount less the
Caution Money deposited (CMD) earlier towards the Earnest Money Deposit
(EMD).
L&T Construction shall issue a final
confirmation of acceptance/rejection for all lots within 30 calendar days (excluding e-auction date)
The buyer shall deposit 100% payment
within 07 calendar days from the date of confirmation, subject to acceptance
of his bid amount and said lot/'s
The EMD / Security Amount Shall be
refunded after NOC from
L&T Construction
NO interest shall be provided on amount
deposited in Auctioneer’s Account
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