There is one gated community in hyderabad , for the defaulters they are charging rs 400 every month until it is paid. This way lets say if the pending maintenance is for 3 months, i.e 10,000 rs the penalties is levied as 6000 rs. In other words they are charging 60% additional amount in form of penalties as they say it is passed in GBM?
How this is justified for levying such heavy penalties ? what are the norms in such societies ??